Purchase of Own Securities

Toyota Motor Corporation
12 June 2003

                                 (TRANSLATION)



To Whom It May Concern:


                                                                   June 12, 2003
                                                        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                    June 2, 2003 through June 12, 2003

2.     Number of shares repurchased       15,400,000 shares

3.     Aggregate purchase price           JPY 45,816,165,500

4.     Method of repurchase               Purchase on the Tokyo Stock Exchange



(Reference)

•     Matters resolved at the FY2002 Ordinary General Shareholders' 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     Up to 170,000,000 shares
            repurchased

        (3) Aggregate purchase price             Up to JPY 600,000,000,000



•     Shares having been repurchased up to June 12, 2003

        (1) Aggregate number of shares repurchased      169,976,900 shares

        (2) Aggregate purchase price                    JPY 499,289,304,000





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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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