Purchase of Own Securities

Toyota Motor Corporation
20 September 2002

                                 (TRANSLATION)



To Whom It May Concern:



                                                              September 20, 2002

                                                        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                                         September 11, 2002 through September 20, 2002
2.     Number of shares repurchased                            5,236,700 shares
3.     Aggregate purchase price                                JPY 15,804,844,000
4.     Method of repurchase                                    Purchase on the Tokyo Stock Exchange


(Reference)
Matters resolved at the FY 2002 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 of shares                   Up to JPY 600,000,000,000
Numbers of shares having been repurchased up to September 20, 2002
(1)       Aggregate number of shares repurchased               55,713,000 shares

(2)       Aggregate purchase price of shares                   JPY 163,377,515,500



                                  #    #    #


Contact: TMC, Public Affairs at            (03) 3817-91116 (Tokyo Head Office)
                                           (0565) 23-15204 (Head Office)
                                           (052) 952-34614 (Nagoya)






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