• To diversify its long-term funding sources, Renault SA is stepping up its presence in the domestic bond market in Japan. It has already made eight Samurai issues (yen-denominated bonds issued in Japan by non-Japanese entities), the latest of which in January 2008.
• The ceiling on its Japanese domestic issues is JPY 150 billion, valid from September 2007 to September 2009.
• The EMTN* program was updated in June 2008. The ceiling still being  EUR 7 billion.

At december 31, 2008 Renault SA's debt was spread evenly across a maturity spectrum ranging from 1 to 7 years.

* Euro Medium Term Note: documentation issued by a company planning to issue bonds. Similar to a prospectus, the documentation provides information about all the issues the entity is intending to make. With an EMTN program, the company can tap the market whenever it needs funding or when conditions are attractive.