We study exact the renormalization group (RG) in O(4) gauged supergrav
ity using the effective average action formalism. The nonperturbative
RG equations for cosmological and newtonian coupling constants are fou
nd. The existence is shown of (nonstable) fixed point of these equatio
ns. The solution of the RG equation for the newtonian coupling constan
t is qualitatively the same as in Einstein gravity (i.e. it is growing
at large distances). (C) 1997 Published by Elsevier Science B.V.