Number of Listed Shares

Toyota Motor Corporation
20 January 2006

                             (Excerpt Translation)





                                                                January 20, 2006

                                                        Toyota Motor Corporation

                                               (Toyota Jidosha Kabushiki Kaisha)

                                    1, Toyota-cho, Toyota City, Aichi Prefecture



                       Report on Number of Listed Shares
                       _________________________________



We hereby report changes in the number of listed securities, as a result of the
exercise of stock acquisition rights, etc. in December 2005 (the 'Current
Month').


1.          Summary

     Number of listed shares as of the end of the           3,609,997,492 shares
     preceding month

     Total number of shares changed during the Current                  0 shares
     Month

     (out of which, as a result of exercise of stock                  (0 shares)
     acquisition rights)

     (out of which, as a result of other reasons)                     (0 shares)

     Number of listed shares as of the end of the           3,609,997,492 shares
     Current Month


2.          Stock acquisition rights (1st series) exercised



(1) Number of shares

     Total number of shares delivered during the Current           35,400 shares
     Month

     (out of which, number of newly issued shares)                    (0 shares)

     (out of which, number of shares transferred from            (35,400 shares)
     treasury shares)

(2) Exercise price

     Aggregate exercise price during the Current Month           JPY 104,713,200

     (out of which, aggregate amount of newly issued                     (JPY 0)
     shares)

     (out of which, aggregate amount of shares transferred     (JPY 104,713,200)
     from treasury shares)


3.          Stock acquisition rights (2nd series) exercised



(1) Number of shares

     Total number of shares delivered during the Current           61,700 shares
     Month

     (out of which, number of newly issued shares)                    (0 shares)

     (out of which, number of shares transferred from            (61,700 shares)
     treasury shares)

(2) Exercise price

     Aggregate exercise price during the Current Month           JPY 192,257,200

     (out of which, aggregate amount of newly issued                     (JPY 0)
     shares)

     (out of which, aggregate amount of shares transferred     (JPY 192,257,200)
     from treasury shares)




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