Acquisition of Own Shares

Toyota Motor Corporation
07 November 2006

                                 (TRANSLATION)

Member of Financial Accounting Standards Foundation



                                                                November 7, 2006

To Whom It May Concern:



                                                                   Company Name:
                                                        Toyota Motor Corporation
                                               Name and Title of Representative:
                                                    Katsuaki Watanabe, President
                                                              (Code Number: 7203
                                      Securities and exchanges throughout Japan)
                                               Name and Title of Contact Person:
                                                                    Takuo Sasaki
                                            General Manager, Accounting Division
                                                  Telephone Number: 0565-28-2121





                  Notice Concerning Acquisition of Own Shares
  (Acquisition of Own Shares pursuant to Article 156 of the Corporation Act)



At a meeting held on November 7, 2006, the Board of Directors of Toyota Motor
Corporation ('TMC') resolved to establish a limit for acquiring its shares
pursuant to the resolution made at the 102nd Ordinary General Shareholders'
Meeting and we hereby inform you as follows.


1. Type of shares to be acquired                 Shares of common stock of TMC
2. Aggregate purchase price of shares            Up to JPY 150,000,000,000
3. Aggregate number of shares to be acquired     Up to 20,000,000 shares
4. Method of acquisition                         Purchase in the market
5. Acquisition period                            From November 9, 2006
                                                 to November 10, 2006


(Reference)

Matters resolved at the 102nd Ordinary General Shareholders' Meeting held on
June 23, 2006

•  Type of shares to be acquired                Shares of common stock of TMC
•  Aggregate number of shares to be acquired    Up to 30,000,000 shares
•  Aggregate purchase price of shares           Up to JPY 200,000,000,000


Shares acquired as of November 7, 2006

•  Aggregate number of shares acquired          0 shares
•  Aggregate purchase price of shares           JPY 0




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