Comment on Media Report

[Reference Translation]

February 16, 2012

To Whom It May Concern:

Company Name: TOYOTA MOTOR CORPORATION

Name and Title of Representative:

Akio Toyoda, President

(Code Number: 7203

Securities exchanges throughout Japan)

Name and Title of Contact Person:

Tetsuya Otake,

General Manager, Accounting Division

(Telephone Number: 0565-28-2121)

Toyota Comments on a Certain Media Report about Change in Toyota's Management Structure

Toyota Motor Corporation ("Toyota") commented on a certain media report released today,about a change in Toyota's management structure. The media report is not based on any official announcements made by Toyota.