Purchase of Own Securities

Toyota Motor Corporation
1 March 2002

Letter to Company Announcement Office

         Notice of the Results of Repurchase of Shares through ToSTNeT-2

We hereby inform you that today, Toyota Motor Corporation ('TMC') repurchased
its shares as follows with respect to the notice of repurchase of shares made to
you yesterday (February 28, 2002).

1. Type of shares repurchased                     Shares of common stock of TMC

2. Aggregate number of shares repurchased         20,000,000 shares

3. Repurchase price                               JPY 3,420

4. Date of repurchase                             March 1, 2002 (Friday)

5. Method of repurchase                           Purchase through ToSTNET-2
                                                  (Tokyo Stock Exchange Trading
                                                  Network System)(closing price
                                                  orders)

(Reference 1)

    Matters determined with respect to the method of repurchase of shares
    (published on February 28, 2002)

    Type of shares to be repurchased             Shares of common stock TMC

    Aggregate number of shares to be repurchased 23,000,000 shares

    Aggregate purchase price of shares           JPY 78,660,000,000

(Reference 2)

   Matters resolved on the repurchase of shares at the meeting of the Board of
   Directors held on January 25, 2002

   Type of shares to be repurchased              Shares of common stock TMC

   Aggregate purchase price of shares            Up to JPY 150,000,000,000

   Aggregate number of shares to be repurchased  Up to 45,000,000 shares 

   Number of shares having been repurchased up to March 1, 2002

   Aggregate purchase price of shares            JPY 88,399,841,000

   Aggregate number of shares repurchased        25,791,900 shares



Contact: TMC, Public Affairs at [phone]-6 (Tokyo Head Office)
                                (0565) 23-1520-4 (Head Office)
                                [phone]-3 (Nagoya)  

From Toyota Motor Corporation    

 




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