Jul. 26, 2001
Repurchase of Shares
(Cancellation of Shares Stipulated in the "Law on Special Exceptions to the
Commercial
Code Concerning Procedures for Cancellation of Shares")
The board of directors of Toyota Motor Corporation ("TMC") resolved to repurchase its shares at its meeting held on July 26, 2001. We inform you as follows:
| 1. | Type of shares to be repurchased | Par value shares of common stock of TMC |
| 2. | Aggregate number of shares to be repurchased | Up to 35,000,000 shares |
| 3. | Aggregate purchase price of shares | Up to JPY 150,000,000,000 yen |
| [Reference] |
| (1) | Number of the outstanding shares of TMC (as of July 25, 2001) |
3,684,997,492 shares |
| (2) | Aggregate number of shares permitted to be repurchased and cancelled pursuant to the articles of incorporation of TMC | 370,000,000 shares |
| (number of shares already repurchased and cancelled out of the above shares124,284,600 shares) | ||
|
Contact: TMC, Public Affairs at (03) 3817-9111~6 (Tokyo Head Office) (0565)23-1520~4 (Head Office) (052)952-3461~3 (Nagoya) |



