Dec. 15, 2003

Notice of Repurchase of Shares from the Market

(Repurchase of Shares Pursuant to the Provisions of Article 210 of the Commercial Code)

 

We hereby inform you that Toyota Motor Corporation (“TMC”) repurchased its shares from the market as follows pursuant to the provisions of Article 210 of the Commercial Code.

1. Purchase period December 2, 2003 through
December 15, 2003
2. Number of shares repurchased 15,250,000 shares
3. Aggregate purchase price JPY 52,755,600,000
4. Method of repurchase Purchase on the Tokyo Stock Exchange

(Reference)
Matters resolved at the FY 2003 Ordinary General Shareholders’ Meeting held on June 26, 2003.
(1) Type of shares to be repurchased Shares of common stock of TMC
(2) Aggregate number of shares to be repurchased Up to 150,000,000 shares
(3) Aggregate purchase price Up to JPY 400,000,000,000

Shares having been repurchased up to December 15, 2003
(1) Aggregate number of shares repurchased 64,288,200 shares
(2) Aggregate purchase price JPY 206,524,992,000