Result of share repurchase

Toyota Motor Corporation
10 September 2002

                                 (TRANSLATION)



To Whom It May Concern:



                                                              September 10, 2002

                                                        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 (September 9, 2002) .


 1. Type of shares repurchased                  Shares of common stock of TMC
 2. Aggregate number of shares repurchased      48,250,000 shares
 3. Purchase price                              JPY 2,925 per share
 4. Aggregate purchase price                    JPY 141,131,250,000
 5. Date of repurchase                          September 10, 2002 (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 2002 Ordinary General Shareholders' Meeting held on June 26, 2002.
     Type of shares to be repurchased                                   Shares of common stock of TMC
     Aggregate number of shares to be repurchased                       170,000,000 shares
     Aggregate purchase price of shares                                 JPY 600,000,000,000

     Number of shares having been repurchased up to September 10, 2002
     Aggregate number of shares repurchased                             50,476,300 shares
     Aggregate purchase price of shares                                 JPY 147,572,671,500



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Contact: TMC, Public Affairs at            (03) 3817-91116 (Tokyo Head Office)
                                           (0565) 23-15204 (Head Office)
                                           (052) 952-34613 (Nagoya)




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