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Investigation of Yamaha Motor by Police and Customs Officials

January 23, 2006

Yamaha Motor today was placed under investigation by the Shizuoka Prefecture Police, Fukuoka Prefecture Police and Nagoya Regional Nagoya Customs. Personnel dispatched by these offices raided the premises of Yamaha Motor at 8:30 a.m.

It has been alleged that Yamaha Motor is in violation of Japan's foreign exchange and foreign trade laws regarding the export of unmanned helicopters to China.

Yamaha Motor has been cooperating fully with the investigation and will continue to do so in an attempt to determine all relevant details and clarify its handling of these exports to China.

Takashi Kajikawa
President, Yamaha Motor

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