July 5, 2008

Sichuan FAW Toyota to Relocate Chengdu Plant,

Increase Production Capacity

Tokyo — TOYOTA MOTOR CORPORATION (TMC) announced today that Sichuan FAW Toyota Motor Co., Ltd.

(SFTM)—a joint vehicle-production company established with China FAW Group Corporation (FAW) in China's

Sichuan Province—plans to relocate its Chengdu City plant by the first half of 2010 and increase the plant's annual

production capacity to 30,000 vehicles from the current 13,000.

Approximately 3.6 billion yuan is being invested in relocating the plant from Chengdu's Chenghua District to the city's

Longquan Economic Development Zone and in the subsequent production capacity increase. Once completed,

SFTM's total annual production capacity—when combined with the annual production capacity of its plant in

Changchun City, Jilin Province—will be 40,000 vehicles.

A groundbreaking ceremony was held today at the proposed site for the new plant, which was attended by

approximately 2,000 people, including Secretary of the Chengdu City Committee Li Chuncheng, local government

officials, FAW President Xu Jianyi, TMC Senior Managing Director Akira Sasaki and SFTM President Haruaki

Hoshino.

Outline of SFTM (As of June 30, 2008)

Company name Sichuan FAW Toyota Motor Co., Ltd. (SFTM)

RepresentativesPresident: Haruaki Hoshino

Vice President: Liu Jurong

Date of establishment July 2005*

Capitalization Approx. 67 million U.S. dollars

Equity participation FAW: 50%; TMC: 45%; Toyota Tsusho Corporation: 5%

LocationChengdu

Plant

Changchun Fengyue

Plant

Current Following relocation

No. 5 Gate, Dongfeng

Street, Changchun,

Jilin

#9,Tiao Deng He Nan

Road, Cheng Hua

District, Chengdu,

Sichuan

Chengdu National

Economic &

Technological

Development Zone,

Chengdu, Sichuan

Start of production December 2000 Early 2010 October 2003

Product lineup Coaster,

Land Cruiser Prado

Coaster,

Land Cruiser PradoLand Cruiser, Prius

Production capacity 13,000 units/year 30,000 units/year 10,000 units/year

Site area 177,000 m2

450,000 m2

75,000 m2

Number of employees Approx. 1,700 T.B.A. Approx. 500

*Originally established as the Sichuan Toyota Motor Co., Ltd. in November 1998, and later re-established as SFTM in July 2005, through a

merger with Changchun FAW Fengyue Auto Co., Ltd., established in July 2003.