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Toyota Announces 2005 Top Supplier Awards

AK Steel, Denso, Johnson Matthey, TRW and U.S. Engine Valve Among Those Recognized For Outstanding Quality, Delivery, Diversity and Value Improvement

ERLANGER, Ky., March 22 -- Toyota Motor Manufacturing North America, Inc. (TMMNA) today announced awards for its top North American suppliers in 2005. The awards acknowledge those suppliers who have met Toyota's highest standards in quality, delivery, diversity and value improvement for parts and materials.

The following suppliers were all recognized with Superior Awards in the areas of Quality, Delivery, Value Improvement and Supplier Diversity:

   - AK Steel Corporation, Middletown, Ohio (Quality & Delivery)
   - Aisin World Corp. of America, AISIN Electronics, Inc., Stockton,
     California (Quality)
   - Ambrake Corp., Elizabethtown, Kentucky (Quality)
   - Delphi Thermal & Interior, Juarez, Mexico (Quality)
   - Denso International America, Inc., F/I Division, Athens, Tennessee
     (Quality & Delivery)
   - Denso International America, Inc., C/P Division, Athens, Tennessee
     (Delivery)
   - Denso International America, Inc., S/A Division, Maryville, Tennessee
     (Delivery)
   - Denso International America, Inc., Weastec, Inc., Hillsboro, Ohio
     (Quality)
   - Johnson Controls, Inc., Milwaukee, Wisconsin (Supplier Diversity**)
   - Johnson Matthey, West Deptford, New Jersey (Quality & Delivery)
   - Lear Corporation, Southfield, Michigan (Supplier Diversity**)
   - Nova Chemicals, Inc., Monaca, Pennsylvania (Quality)
   - TRW Automotive Electronics, Livonia, Michigan (Value Improvement)
   - U.S. Engine Valve Company, Westminster, South Carolina (Quality &
     Delivery)

Toyota's presentation of awards in the area of Supplier Diversity recognize those suppliers who put forth outstanding efforts on minority business development initiatives and are helping Toyota to meet their minority procurement targets. Last November, Toyota announced that it exceeded its target of spending $1 billion with minority Tier I businesses, one year ahead of schedule.

"Toyota views our suppliers as business partners and together, we have improved our efforts in quality, delivery and value," said Osamu "Simon" Nagata, vice president of purchasing for TMMNA. "Thanks to their outstanding focus for the past 20 years, Toyota has had growth and success in North America."

The awards were given at Toyota's Annual Business Meeting and Awards Ceremony, which brings together the automaker's approximately 500 North American suppliers to share expectations for the coming business year and to recognize outstanding performance among suppliers.

Toyota currently has five vehicle manufacturing plants and seven engine/component plants in North America. In addition, two new plants are under construction -- in San Antonio, Texas and Woodstock, Ontario. Also, Toyota recently announced plans to build the Camry at Subaru of Indiana Automotive, Inc. (SIA), scheduled to begin in Spring 2007.

Toyota established operations in North America in 1957. There are more than 1,700 Toyota, Lexus and Scion dealerships in North America which sell more than 2.5 million vehicles a year. Toyota directly employs over 38,000 in North America and its investment here is currently valued at more than $16.8 billion, including sales and manufacturing operations, research and development, financial services and design. Toyota's annual purchasing of parts, materials, goods and services from North American suppliers totals more than $26 billion.

According to a 2005 Center for Automotive Research study, Toyota, along with its dealers and suppliers, has generated nearly 400,000 U.S. jobs, including jobs created through spending by direct, dealer and suppliers employees.

Toyota produces 10 vehicles in North America, including the Avalon, Camry, Corolla, Matrix, Sienna, Solara, Sequoia, Tacoma, Tundra and the Lexus RX 330. By 2008, Toyota will have the annual capacity to build about 2 million cars and trucks, 1.44 million engines and 600,000 automatic transmissions in North America.

Current and potential suppliers can visit www.ToyotaSupplier.com for information on Toyota's purchasing policies, newsworthy articles and learn more about Toyota's purchasing principles.

                             SUPERIOR AWARDS

                         Plant              Part/               Award
  Supplier             Location    State   Material            Category
  AK Steel
   Corporation        Middletown     OH     Steel         Quality & Delivery
  AISIN World Corp.
   of America AISIN
   Electronics Inc.   Stockton       CA     Powertrain               Quality
  Ambrake Corporation Elizabethtown  KY     Chassis/                 Quality
                                            Specialty
  Delphi Thermal &
   Interior           Juarez        Mexico  Electronics/             Quality
                                            Electrical
  Denso International
   America, Inc.
   F/I Division       Athens         TN     Powertrain    Quality & Delivery
  Denso International
   America, Inc.
   C/P Division       Athens         TN     Powertrain              Delivery
  Denso International
   America, Inc.
   S/A Division       Maryville      TN     Powertrain              Delivery
  Denso International
   America, Inc.
   Weastec, Inc.      Hillsboro      OH     Electronics/             Quality
                                            Electrical
  Johnson Controls,
   Inc.               Milwaukee      WI     Interiors   Supplier Diversity**
  Johnson Matthey     West Deptford  NJ     Precious      Quality & Delivery
                                             metals
  Lear Corporation    Southfield     MI     Interiors   Supplier Diversity**
  Nova Chemicals,
   Inc.               Monaca         PA     Plastics                 Quality
  TRW Automotive
   Electronics        Livonia        MI     Powertrain     Value Improvement
  U.S. Engine Valve
   Company            Westminster    SC     Engine valves Quality & Delivery

                             EXCELLENT AWARDS

                       Plant               Part/               Award
  Supplier           Location     State   Material            Category

  Aisin World Corp.
   of America
   Aisin Automotive
   Castings, LLC      London        KY    Powertrain      Quality & Delivery
  Amtex, Inc.         Lebanon       OH    Interiors     Supplier Diversity**
  BASF Cellasto       Wyandotte     MI    Chassis/
                                          Specialty                  Quality
  Continental Teves   Auburn Hills  MI    Chassis/
                                          Specialty     Supplier Diversity**
  Curtis-Maruyasu
   America, Inc.      Santa Claus   IN    Body Functional           Delivery
  CWC Textron         Muskegon      MI    Powertrain                 Quality
  Delphi Parkard
   Electric           Troy          MI    Electronics/
                                          Electrical       Value Improvement
  Delphi Packard
   Electric           Juarez      Mexico  Electronics/
                                          Electrical                 Quality
  Denso International
   America, Inc.      Southfield    MI    Electronics/
                                          Electrical   Value Improvement** &
                                          Powertrain    Supplier Diversity**
  Denso International
   America, Inc.
   Asmo Manufacturing Battle Creek  MI    Electronics/
                                          Electrical                Delivery
  Denso International
   America, Inc.
   E/P Division       Maryville     TN    Electronics/
                                          Electrical                 Quality
  Denso International
   America, Inc. C/P
   Division           Athens        TN    Electronics/
                                          Electrical                 Quality
  Diamond Electric
   Manufacturing
   Corp.              Eleanor       WV    Powertrain                Delivery
  DTR Industries,
   Inc.               North               Chassis/
                      Baltimore     OH    Specialty                 Delivery
  Eagle Ottawa, LLC   Rochester
                      Hills         MI    Leather        Value Improvement**
  Federal Mogul
   Sealing Systems    Athens        AL    Powertrain                 Quality
  Gentex Corporation  Zeeland       MI    Exteriors                  Quality
  GKN Driveline N.A.  Auburn Hills  MI    Chassis/
                                          Specialty      Value Improvement**
  Harman/Becker
   Automotive Systems Farmington          Electronics/
                      Hills         MI    Electrical     Value Improvement**
  International
   Crankshaft, Inc.   Georgetown    KY    Powertrain                Delivery
  Johnson Controls,
   Inc.               Georgetown    KY    Interiors       Quality & Delivery
  Johnson Rubber
   Company            North               Chassis/
                      Baltimore     OH    Specialty                  Quality
  Lear Corporation    Edinburgh     IN    Hard Trim                  Quality
  MAHLE Componentes
   de Motor de Mexico
   S.de R.L. de C.V.  Morristown    TN    Powertrain                 Quality
  McKechnie Vehicle
   Components         Troy          MI    Exteriors     Supplier Diversity**
  Peterson Spring
   Corp.              Windsor     Ontario Powertrain                Delivery
  PPG Industries,
   Inc.               Evansville    IN    Exteriors                  Quality
  Ryder Integrated
   Logistics          Miami         FL    Logistics      Value Improvement**
  Ryobi Die Casting
   (U.S.A.), Inc.     Shelbyville   IN    Powertrain      Quality & Delivery
  Spartan Light Metal
   Products           Mexico        MO    Powertrain                Delivery
  Takata              Auburn Hills  MI    Electronics/
                                          Electrical    Supplier Diversity**
  Trim Masters, Inc.  Bardstown     KY    Interiors                 Delivery
  Trim Masters, Inc.  Nicholasville KY    Interiors       Quality & Delivery
  Yazaki North
   America            Cambridge   Ontario Electronics/
                                          Electrical                 Quality

   ** Award given to the company as a whole, and not plant specific