Purchase Result on ToSTNeT-2

Toyota Motor Corporation
05 March 2003

                                 (TRANSLATION)

To Whom It May Concern:

                                                                   March 5, 2003
                                                        Toyota Motor Corporation
                                               (Toyota Jidosha Kabushiki Kaisha)
                                    1, Toyota-cho, Toyota City, Aichi Prefecture


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

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 (March 4, 2003)


1.   Type of shares repurchased                        Shares of common stock of TMC
2.   Aggregate number of shares repurchased            37,000,000 shares
3.   Purchase price                                    JPY 2,865 per share
4.   Aggregate purchase price                          JPY 106,005,000,000
5.   Date of repurchase                                March 5, 2003 (Wednesday)
6.   Method of repurchase                              Purchase through ToSTNeT-2
                                                       (Tokyo Stock Exchange Trading Network System-2)
                                                       (closing price orders)



(Reference)
Matters resolved at the FY2002 Ordinary General Shareholders' Meeting held on June 26, 2002.
      Type of shares to be repurchased                         Shares of common stock of TMC
      Aggregate number of shares to be repurchased             Up to 170,000,000 shares
      Aggregate purchase price of shares                       Up to JPY 600,000,000,000


Shares having been repurchased up to March 5, 2003
      Aggregate number of shares repurchased                   140,344,100 shares
      Aggregate purchase price of shares                       JPY 413,773,182,500



                                  #    #    #



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


                      This information is provided by RNS
            The company news service from the London Stock Exchange