Stmnt re Press Comment

Toyota Motor Corporation
12 April 2001



LETTER TO COMPANY ANNOUNCEMENTS OFFICE

           Comment on Press Coverage Concerning 'Hino Motors, Ltd. 
             Becoming a Subsidiary of Toyota Motor Corporation'

With respect to the some of the press coverage made as of today (April 12,
2001), we hereby inform you of our comment as follows

 'At this point of time, nothing has been decided.'



Contact: TMC, Public Affairs at [phone]-6 (Tokyo Head Office)
                                (0565)-23-1520-4 (Head Office)
                                [phone]-3 (Nagoya)

FROM TOYOTA MOTOR CORPORATION