Dividend Declaration

Toyota Motor Corporation
07 November 2005

                                 (Translation)



               Copy of FY2006 Interim Dividend Notice Postal Card



(Front side)



To All Shareholders:

                                                                November 7, 2005

                                                    Katsuaki Watanabe, President

                                                        TOYOTA MOTOR CORPORATION

                                    1, Toyota-cho, Toyota City, Aichi Prefecture



            Notice of Resolution of the Board of Directors' Meeting
                    Concerning Payment of Interim Dividends



Dear Shareholder,



We hereby notify you that, at the Board of Directors' Meeting of TOYOTA MOTOR
CORPORATION('TMC')held on November 4, 2005, the resolution concerning FY2006
(from April 1, 2005 to March 31, 2006) interim dividends has been passed as set
forth below.



Sincerely yours



Katsuaki Watanabe





In accordance with Article 28, Paragraph 2 of the Articles of Incorporation of
TMC, we will distribute money (interim dividends) as provided for in Article
293-5 of the Commercial Code to the shareholders or the registered pledgees
entered or recorded on the register of shareholders (including the register of
beneficial shareholders) as of the end of September 30, 2005 as follows.



1.  Interim dividend: JPY35 per share



2.  The effective date of the right to claim for the interim dividends and the
payment commencement date: November 25, 2005 (Friday)



                                   Notification

1)        Notice of postal transfer payment for the payment of interim dividends
will be sent to your notified address on November 24, 2005 (Thursday).

2)        For those who have chosen the 'bank account transfer,' we will follow
the necessary procedures for the transfer of the interim dividends to your
designated bank account on November 25, 2005 (Friday).






(Reverse side)
________________________________________________________________________________
                                                                                
                                  Postal Card




                                                             Shin-Tokyo
                                                              Office


                                                            Post Payment
                                                               Postal




                            TOYOTA MOTOR CORPORATION
                            ________________________


          Transfer Agent: Mitsubishi UFJ Trust and Banking Corporation

         Contact address: Mitsubishi UFJ Trust and Banking Corporation

                          Corporate Agency Department

              10-11, Higashisuna 7-chome, Koto-ku, Tokyo 137-8081

                     Phone number: 0120-232-711 (Toll free)

________________________________________________________________________________



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