Notice of Repurchase of Shares from the Market

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 repurchased		Up to 170,000,000 shares
(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

The information in this release speaks as of the date issued. Toyota Motor Corporation does not, does not intend to, and expressly disclaims any duty to, update or correct such information.