Toyota Announces Changes in Representative Directors.

Tokyo, Japan, June 23, 2006 - (JCN Newswire) - Toyota Motor Corporation ('TMC'; TSE: 7203, NYSE: TM) hereby announces changes in representative directors, resolved at the meeting of the Board of Directors of TMC held on June 23, 2006, as described below.

Changes of titles of representative directors (2 people)

Name           New Title            Former Title
Fujio Cho      Chairman             Vice Chairman
Hiroshi Okuda  Senior Adviser,      Chairman
               Member of the Board

About Toyota Motor Corporation

Toyota Motor Corporation (TSE: 7203; NYSE: TM) develops and manufactures vehicles, and is one of the largest car manufacturers in the world, offering a wide range of products from minivehicles to trucks. In addition to its core business, Toyota has a large business portfolio in financial services, including sales finance, vehicle insurance, and credit cards. It is also involved in telecommunications through a subsidiary that provides cellular services in Japan. Other diversified businesses include industrial equipment, prefabricated housing and leisure boats. The company is headquartered in Aichi, Japan. Fot more information, please visit www.toyota.co.jp/en/index.html.

Source: Toyota Motor Corporation

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