Results of Repurchase Shares

Toyota Motor Corporation
08 June 2004

                                 (TRANSLATION)





To Whom It May Concern:



                                                                    June 8, 2004

                                                        Toyota Motor Corporation

                                               (Toyota Jidosha Kabushiki Kaisha)

                                    1, Toyota-cho, Toyota City, Aichi Prefecture





Notice of the Results of Repurchase of Shares through ToSTNeT-2



We hereby inform you that Toyota Motor Corporation ('TMC') repurchased its
shares as follows with respect to the notice of repurchase of shares made to you
yesterday (June 7, 2004) .


1.     Type of shares repurchased                                    Shares of common stock of TMC
2.     Aggregate number of shares repurchased                        19,630,000 shares
3.     Purchase price                                                JPY 4,150 per share
4.     Aggregate purchase price                                      JPY 81,464,500,000
5.     Date of repurchase                                            June 8, 2004 (Tuesday)
6.     Method of repurchase                                          Purchase through ToSTNeT-2
                                                                     (Tokyo Stock Exchange Trading
                                                                     Network System-2) (closing price
                                                                     orders)



(Reference)

Matters resolved at the FY 2003 Ordinary General Shareholders' Meeting
held on June 26, 2003.
Type of shares to be repurchased                                Shares of common stock of TMC
Aggregate number of shares to be repurchased                    Up to 150,000,000 shares
Aggregate purchase price of shares                              Up to JPY 400,000,000,000



Shares having been repurchased up to June 8, 2004
Aggregate number of shares repurchased                          112,658,200 shares
Aggregate purchase price of shares                              JPY 392,890,492,000



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


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