Purchase of Own Securities

Toyota Motor Corporation
22 March 2002

Letter to Company Announcement Office


                    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 repurchased               Shares of common stock of 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 

(2) Aggregate number of shares having been repurchased 

• Aggregate purchase price of shares             JPY 148,286,394,960 

• Aggregate number of shares repurchased         41,585,900 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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