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Policies on reducing shares

25th Jun 2007 10:21

Toyota Motor Corporation25 June 2007 (Translation) To Whom It May Concern: June 25, 2007 Company Name: TOYOTA MOTOR CORPORATION Name and Title of Representative: Katsuaki Watanabe, President (Code Number: 7203 Securities exchanges throughout Japan) Name and Title of Contact Person: Takuo Sasaki General Manager, Accounting Division (Telephone Number: 0565-28-2121) Views and Policies on Reducing the Number of Shares per Unit of Investment Toyota Motor Corporation ("TMC") is aware that reducing the number of shares perinvestment unit is an effective method to increase the liquidity of TMC sharesand expand the base of TMC investors. Based on this understanding, TMC reducedthe number of shares per unit from 1,000 shares to 100 shares on August 1, 2000. TMC will continuously consider setting an appropriate unit of investment, takinginto consideration, among other things, for TMC's share price, turnover, thenumber of shareholders and the needs of investors. This information is provided by RNS The company news service from the London Stock Exchange

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Toyota Motor
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