Sand it all down, preferably to gel coat and original factory cellulose paint. Much quicker with a DA sander, start with 80 grit, then 120/160 finishing with 240. Remove all rust, then wipe with panel wipe and treat any bare metal areas with etch primer. Then deal with any dents, really small dents you will not be able to panel beat out easily, so sand to bare metal, feather the edges into the flat panel, etch prime and fill. Sand the filler perfectly flat, feathering it into the surrounding metal work. Then etch prime (dust) and bare steel, then at least 5 coats of filler primer, allowing to dry between coats.
After three coats allow to dry and flat with 400 grit. Always use a block when flatting filler or primer.
Read these two excellent tutorials for more info!
http://www.citroen-restoration.co.uk/ds/painting.php
http://www.mig-welding.co.uk/spray-painting.htm
The only thing I would do differently to the tutorials is not to wet sand primer.
BTW, this is a post where we could do with Jonothan to add his expert advice.......
