Mar. 22, 2002

Repurchase of Shares from the Market

 

We hereby inform you that Toyota Motor Corporation ("TMC") repurchased its shares from the market as follows pursuant to the provisions of Article 3, paragraph 1 of the former Law on Special Exceptions to the Commercial Code Concerning Procedures for Cancellation of Shares, under the application of Article 3, paragraph 4 of the Supplementary Provisions of the Law Concerning the Partial Amendments of the Commercial Code, etc (Law No. 79, June 29, 2001).

We also inform you that with this repurchase, we have completed all repurchases of shares under the resolution of the Meeting of the Board of Directors held on January 25, 2002.

1. Purchase period March 4, 2002 through March 22, 2002
2. Aggregate purchase price of shares JPY 59,886,553,960
3. Number of shares repurchased 15,794,000 shares
4. Method of repurchase Purchase on the Tokyo Stock Exchange

[Reference]

(1) Details of the authorization given at the Meeting of the Board of Directors(January 25, 2002)

Type of shares to be repurchasedShares of common stock of TMC
Aggregate purchase price of sharesUp to JPY 150,000,000,000
Aggregate number of shares to be repurchasedUp to 45,000,000 shares

(2) Aggregate number of shares having been repurchased

Aggregate purchase price of sharesJPY 148,286,394,960
Aggregate number of shares repurchased41,585,900 Shares

Contact: TMC, Public Affairs at: +81-3-3817-9158, 9170 , 9195 , 9179