Investor Presentaiton

III. Regional Strategy Asian Market: Manufacturing & export base for pickups/multipurpose vehicles Development of global manufacturing base and mutual distribution network (IMV Project starts in 2004) To more than 80 nations/regions Thailand: Global manufacturing base Other Asian nations: Manufacturing bases for engines & main components South Africa & Argentina: Intra-regional Japan India manufacturing bases To Europe & Africa Thailand Others To South America Philippines TOYOTA T Argentina South Africa Indonesia Pickups & multipurpose vehicles : Engines & main components

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