Interim Dividend Declaration

Toyota Motor Corporation
02 November 2004

                                 (Translation)



               Copy of FY2005 Interim Dividend Notice Postal Card



(Front side)


To All Shareholders:

                                                                                                       November 2, 2004
                                                                                                   Fujio Cho, 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 1,
2004, the resolution concerning FY2005 (from April 1, 2004 to March 31, 2005) interim dividends has been passed as set
forth below.



Sincerely yours



Fujio Cho





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, 2004 as follows.



1.  Interim dividend:  JPY25 per share



2.  The effective date of the right to claim for the interim dividends and the payment commencement date:  November 26,
2004 (Friday)





Notification



1) Notice of postal transfer payment for the payment of interim dividends will be sent to your notified address on
November 25, 2004 (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 26, 2004 (Friday).



(Reverse side)


                             Postal Card

                                                               Shin-Tokyo Office
                                                             Post Payment Postal




                               TOYOTA MOTOR CORPORATION

                          Handling Office of Transfer Agent

                               UFJ Trust Bank Limited

                             Corporate Agency Department

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

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





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