2007 FINANCIAL RESULTS

2007 FINANCIAL RESULTSANALYSTS CONFERENCE

Carlos GHOSNPRESIDENT & CEO

22007 FINANCIAL RESULTS FEBRUARY 14th 2008

2007 COMMERCIAL RESULTS

Thousand units (Cars + LCVs)

International

+ 16.3%

- 4.1%

France+ Europe

EuropeEurope

20072006

1,024 967

-- 5.6%5.6%

2006

669

2007

FranceFrance-- 1.8%1.8%

657

Asia AfricaAsia Africa

1752006 2007

192

+ 9.8%+ 9.8%

381

2006

EuroMedEuroMed

2007

424

+ 11.5%+ 11.5%+ 32.2%+ 32.2%

20062452007

185

AmericasAmericas

WorldWorld

20072006

2,434

+ 2.1%+ 2.1%

2,484


2007 Change2006(million euros)

(1) On a consistent basis, FY2006 = €39,969m

2007 FINANCIAL RESULTS

Worldwide sales – in K units 2,434 2,484 + 2.1%

Revenues 40,332 40,682 + 1.8%(1)

Operating margin 1,063 1,354 + 27.4%

in % of revenues 2.6% 3.3% + 0.7pt


OPERATING PROFIT VARIANCE ANALYSIS

CHANGE 2007 / 2006 : + €291m1,063 1,354

2006 2007

- 154

+ 210

- 241

+ 137

+ 134 + 44

- 20

- 57

Currency

VolumeSalesFinancing

G&A

Warranty

Mix / Price Enrichment

Manufacturing & Logistics

Purchasing

Others

(million euros)

+ 390

- 270 Rawmaterials

- 152

R&D


2007 Change2006(million euros)

Other operating income & expenses - 186 - 116 + 37.6%

Associated companies 2,277 1,675 - 26.4%

Net income 2,960 2,734 - 7.6%

Automobile net financial debt 2,414 2,088 - 13.5%

2007 FINANCIAL RESULTS

Worldwide sales – in K units 2,434 2,484 + 2.1%

Revenues 40,332 40,682 + 1.8%(1)

Operating margin 1,063 1,354 + 27.4%

in % of revenues 2.6% 3.3% + 0.7pt

(1) On a consistent basis, FY2006 = €39,969m


Cash FlowChangeIn WCR

Net tangible & intangible Investments

Dividends paid

Free Cash Flow

+ 4,552

- 1,287

- 2,278

+ 961

Development expensescapitalized

- 26

+ 37

Fairvalue

Net debt decrease

+ 326

Dec 31st 2007 : €2,088m

+ 241

Others

(million euros)

+ 936Dividends received from associated companies

- 913

- 109 Leasedvehicles

- 2,169 NetInvestments

AUTOMOBILE NET FINANCIAL DEBT EVOLUTION


INVESTMENT AND R&D EXPENSES

In % of group revenuesCash impact (excl. IAS 38)

6.8%

11.7%

4.9%

R&D Expenses

Net investments

5.7%

4.6%

10.3% 10.0%

5.2%

4.9%

4.4%

5.5%

9.9%

11.5% 11.4%

6.1%

5.3%

6.0%

5.5%

0%

2%

4%

6%

8%

10%

12%

14%

2002 2003 2004 2005 2006 2007


Cash FlowChangeIn WCR

Net tangible & intangible Investments

Dividends paid

Free Cash Flow

+ 4,552

- 1,287

- 2,278

+ 961

Development expensescapitalized

- 26

+ 37

Fairvalue

Net debt decrease

+ 326

Dec 31st 2007 : €2,088m

+ 241

Others

(million euros)

+ 936Dividends received from associated companies

- 913

- 109 Leasedvehicles

- 2,169 NetInvestments

AUTOMOBILE NET FINANCIAL DEBT EVOLUTION


DIVIDENDS

in € per share

Dividends paid

1.8

2.4

3.1+ 29%

+ 33%

3.8+ 23%

2005 2006 2007 2008


QUALITY

! Number of defects at the end of the assembly line divided by 6! Number of incidents at 3-month cut by half! Some vehicles of our range already Top3 of their segment! New Laguna on track

! 700,000 additional customers « fully satisfied »

PRODUCT

SERVICE


! Purchasing performance

! Manufacturing

! Logistics

! G&A

! Distribution costs

! Investment costs

2009 Objectives

COST REDUCTION

- 9.1% - 14%*

- 5.4% - 12%

- 7.3% - 9%

- 5% < 4% revenues(ie 4.8% rev.)

+ 3.1% - 8% per unit in Europe

- 35% - 50%

2007 vs 2005

* 2008 Objective


VEHICLE PROJECTS UNDER DEVELOPMENT

0

5

10

15

20

25

30

2004 2005 2006 2007 2008 2009

Previous trend

Upcoming trend

18

22


Active Drive4 directional wheel chassis

2008

Diesel3.0 dCi

Diesel 2.0 dCi130/150/175hp

TECHNOLOGY: NEW POWERTRAINS

Diesel 1.5 dCi 110hp

ENGINES

GEARBOXES

Diesel1.5 dCi 65hp

Petrol1.2 TCE 100hp

Petrol2.0 16v 140hp

6-speed AJ0Automatic gearbox

6-speed TL4Manual gearbox

CHASSIS


INCREASE IN PRODUCTION CAPACITY+ 600,000 VEHICLES PER YEAR BETWEEN 2005 AND 2007

Existing capacityextended

New capacity

+ 250,000veh/yr

+ 35,000veh/yr

+ 15,000veh/yr

+ 100,000veh/yr

+ 125,000veh/yr

+ 70,000veh/yr


POSITIONING RENAULT IN GROWING MARKETS

AVTOVAZPARTNERSHIPPROJECT

INDUSTRIALCAPACITYEXTENSION


! Mobility for all

! Zero emission vehicle

HIGH-POTENTIAL PROJECTS


Replacementmodels

Expansionmodels

20072006

THE PRODUCT OFFENSIVE 2006-2008

Logan MCV

Logan Van

Twingo

Laguna

QM5 (Korea)

Sandero (Amer.)


20072006

Logan MCV

Logan Van

Twingo

Laguna

QM5 (Corée)

Sandero (Amér.)

Sedan, successorto Clio Symbol

H1 2008

Clio Grand Tour

Logan Pick-up

Laguna Coupé

Kangoo PC+LCV

Grand Modus

Kangoo Compact

Mégane

H2 2008

Expansionmodels

Replacementmodels

THE PRODUCT OFFENSIVE 2006-2008


2008 PRODUCT LAUNCHES BY REGION

Phase 2 + Derivatives

World Premiere vehicles in 2007

FranceFrance

1313

Asia Asia AfricaAfrica

1111

EuromedEuromed

1212EuropeEurope

1414

AmericasAmericas

66


MARKET SEGMENT VARIATION

Source: Global Insight

0 12,000

MPV

2003-2007 Worldwide growth(thousand units)(Global Insight coverage)

2,000 4,000 6,000 8,000 10,000 14,000

LCV

SUV

E-F

D

C

B

A



Change2006 *Million euros 2007

TOTAL 39,969 40,682 + 1.8%

Sales Financing 1,911 2,003 + 4.8%

Automobile 38,058 38,679 + 1.6%

* 2006 data has been restated on a consistent basis

REVENUES BY DIVISION


AUTOMOBILE DIVISION REVENUES UP 1.6% IN 2007Contribution to the change in revenues

Exchange rateVolume Mix/Price

ExchangerateVolume

+ 1.2FRANCE + EUROPE OTHERSEUROMED + AMERICAS

+ ASIA-AFRICA

- 2.6 + 3.1

+ 1.0 + 1.2

+ 0.0 + 0.0

+ 2.6

- 0.5

- 2.7

Mix/Price


OPERATING MARGIN EVOLUTION

380

592471

722632

0

200

400

600

800

1,000

1,200

H1 2005 H2 2005 H1 2006 H2 2006 H1 2007 H2 20070.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%Automobile (million euros)

Sales Financing (RCI)

Group operating margin (%)

Automobile operating margin (%)

2.4%

1.3%

3.1%

943

4.4%

3.3%

1.9%

0.9%

1.6%

2.7%2.3%

3.5%

2.2%

Documents

2007 FINANCIAL RESULTS