Toyota Motor Asia Pacific Opens Bangkok Office -Thai Outfit ot Reinforce Vehicle Conversion and Accessories Efforts-

Bangkok--May 15--TMAP BANGKOK-TOYOTA MOTOR ASIA PACIFIC PTE LTD (TMAP) announced today that it has opened an office in Bangkok, Thailand, initially aimed at enhancing Toyata's conversion and accessories (C&A) business in the Asia-Pacific region. By setting up in Thailand-home to several vehicle assemblers and an established supplier base, the TMAP Bangkok Office will be well-positioned to promote regional C&A research and development, supplementing the C&A marketing and sales activities carried out by TMAP's head office in Singapore since April 2001. Region-oriented products will be developed for the Thai market and for export to other Asia-Pacific countries. Explaining the objective of TMAP's Bangkok unit, TMAP President Motonobu Takemoto Said, "Thailand is, we believe, the best location to develop C&A products for the Asia-Pacific region. The competition is still getting severer, and we need to provide high-quality and competitive C&A products that meet customers' needs in a timely manner. Operations at our Bangkok Office, I expect, will well contribute to fully enhancing our competitiveness at the global level." TMAP Bangkok Office Profile Address : 22nd floor, CRC Tower, All Seasons Place 87 Wireless Road, Lumpini, Pathumwan Bangkok 10330 Thailand Tel: 02 685 3570 Fax: 02 685 0375 Establishment : March 22, 2002 (registration) Start of operations : May 20, 2002 Representative : Koji lida, General Manager Business : Market research and product development for accessory parts and special- purpose vehicles; car accessories wholesale business for the Toyata Group TMAP Profile Company name : Toyota Motor Asia Pacific Pte Ltd Address : 3 Temasek Avenue#13-01 Centennial Tower, Singapore 039190 Establishment : July 1990 (as Toyota Motor Management Services Singapore Pte Ltd) Capital : S$6 million (Toyota Motor Corporation 100% Chairman : Akio Toyoda (Director, Toyota Motor Corporation) President : Motonobu Takemoto Business : Import/export of OE parts, vehicles and replacement parts; management services; marketing and sales of vehicles and car accessories Sales : S$2.33 billion (in 2001) Contect: Hirofumi Fujise / Naoyo Tsuchiya at Tel: (65) 6227 8011, Fax: (65) 6227 8077 or e-mail: [email protected] End. -AN-

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