Purchase of Own Securities

Toyota Motor Corporation
15 November 2002

                                 (TRANSLATION)





To Whom It May Concern:



                                                               November 15, 2002

                                                        Toyota Motor Corporation

                                               (Toyota Jidosha Kabushiki Kaisha)

                                    1, Toyota-cho, Toyota City, Aichi Prefecture





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                           November 1, 2002 through
                                               November 15, 2002
2.   Number of shares repurchased              12,326,700 shares
3.   Aggregate purchase price                  JPY 38,580,351,000
4.   Method of repurchase                      Purchase on the Tokyo Stock Exchange





(Reference)

•        Matters resolved at the FY 2002 Ordinary General Shareholdersf Meeting
held on June 26, 2002.
(1)  Type of shares to be repurchased                     Shares of common stock of TMC
(2)  Aggregate number of shares to be repurchased         Up to 170,000,000 shares
(3)  Aggregate purchase price                             Up to JPY 600,000,000,000



•         Number of shares having been repurchased up to November 15, 2002.
(1)  Aggregate number of shares repurchased               68,039,700 shares
(2)  Aggregate purchase price                             JPY 201,957,866,500





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Contact: TMC, Public Affairs at (03) 3817-91116 (Tokyo Head Office)
(0565) 23-15204 (Head Office)
(052) 952-34614 (Nagoya)


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