Purchase of Own Securities

Toyota Motor Corporation
27 November 2003

                                 (TRANSLATION)





To Whom It May Concern:



                                                               November 27, 2003

                                                        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 (November 26, 2003) .





1.     Type of shares repurchased Shares of common stock of TMC

2.     Aggregate number of shares repurchased        24,750,000 shares

3.     Purchase price        JPY 3,210 per share

4.     Aggregate purchase price        JPY 79,447,500,000

5.     Date of repurchase November 27, 2003 (Thursday)

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 November 27, 2003

              Aggregate number of shares repurchased 49,038,200 shares

              Aggregate purchase price of shares JPY 153,769,392,000

                                  #    #    #



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