Investor Presentaiton

III. Regional Strategy European Market: Integrated manufacturing & marketing 2002 sales: 760,000 units ANE FOUST Marketing organization restructuring starting April 2003 Action in United Kingdom the wider EU market France Czech Republic New "Avensis" launched in March 2003 as upper core model First Japan market launch of UK-made vehicle in fall 2003 TOYOTA Toyota Motor Europe (TME) Leading marketing companies Turkey Manufacturing plants 8

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