Purchase of Own Securities

Toyota Motor Corporation
07 August 2003

                                 (TRANSLATION)





To Whom It May Concern:



                                                                  August 7, 2003
                                                       Toyota Motor Corporation
                                               (Toyota Jidosha Kabushiki Kaisha)
                                    1, Toyota-cho, Toyota City, Aichi Prefecture

                   Notice of the Results of Repurchase of Shares
           through N-NET Closing Price Orders on Nagoya Stock Exchange

We hereby inform you that Toyota Motor Corporation ('TMC') repurchased its
shares as follows with respect to the notice of repurchase of shares made to you
yesterday (August 6, 2003).


1.     Type of shares repurchased               Shares of common stock of TMC
2.     Aggregate number of shares repurchased   24,288,200 shares
3.     Purchase price                           JPY 3,060 per share
4.     Aggregate purchase price                 JPY 74,321,892,000
5.     Date of repurchase                       August 7, 2003 (Thursday)
6.     Method of repurchase                     Purchase through N-NET closing 
                                                price orders on the Nagoya Stock 
                                                Exchange



(Reference)

Matters resolved at the FY 2003 Ordinary General Shareholders' Meeting held on
June 26, 2003.

•  Type of shares to be repurchased               Shares of common stock of TMC

•  Aggregate number of shares to be repurchased   Up to 150,000,000 shares

•  Aggregate purchase price of shares             Up to JPY 400,000,000,000



Shares having been repurchased up to August 7, 2003

•  Aggregate number of shares repurchased          24,288,200 shares

•  Aggregate purchase price of shares              JPY 74,321,892,000



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


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