Jan. 25, 2002
Repurchase of Shares
We hereby inform you that at the meeting of the board of directors of Toyota Motor Corporation (“TMC”) held on January 25, 2002, TMC resolved to repurchase its shares 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). Shares to be repurchased pursuant to this resolution will be held by TMC, and in case of disposal or cancellation thereof, such shall be resolved, in advance, at a meeting of the board of directors.
| 1. | Type of shares to be repurchased | Shares of common stock of TMC |
| 2. | Aggregate purchase price of shares | Up to JPY 150,000,000,000 |
| 3. | Aggregate number of shares to be repurchased | Up to 45,000,000 shares |
[Reference] |
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| (1) | Number of outstanding shares of TMC (as of January 24, 2002) |
3,649,997,492 shares |
| (2) | Aggregate number of shares permitted to be repurchased pursuant to the articles of incorporation of TMC |
370,000,000 shares |
| (number of shares already repurchased
and cancelled out of the above shares) |
(159,284,600 shares) | |
Contact: Public Affairs, TMC at +81-3-3817-9158-9170-9179
