YAMAHA REACHES SETTLEMENT WITH BOMBARDIER

YAMAHA Has reached a settlement with BOMBARDIER on litigation involving
personal watercraft



Kennesaw, Georgia, May 14, 2002 – Yamaha Motor Co., Ltd. and Bombardier Inc.
today announced that they have reached a comprehensive settlement of their
litigation involving personal watercraft.  The settlement includes claims
before the International Trade Commission and a separate lawsuit in the
United States District Court for the Central District of California.



“Both companies have brought innovative technologies to the personal
watercraft market and both have fought hard to defend and protect their
respective interests in these disputes,” said Mark Speaks, President of
Yamaha’s Watercraft Group.  Yamaha sells personal watercraft under the
YAMAHA® brand-name.  Most of Yamaha’s personal watercraft are manufactured
in plants in Georgia and Tennessee.



“The settlement will open the way for both companies to focus on what they
do best, which is providing high quality, cutting-edge technology products
for their customers,” said Michel Baril, President and Chief Operating
Officer of Bombardier Recreational Products.  Bombardier sells personal
watercraft under the Sea-Doo® brand-name and manufactures the vessels in
Canada and in Illinois.



The terms of the settlement are confidential.



®Trademark of Yamaha  ®Trademark of Bombardier Inc.

For information:                 Mark Speaks

                                                President of the Watercraft
Group

                                                Telephone (770) 420-5971

                                                mark_speaks@yamaha-motor.com



http://www.yamaha-motor.com