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Personnel Changes (General Manager)

September 14, 2006

Yamaha Motor Co., Ltd. announces the following personnel changes, effective September 15, 2006.

Changes in Duties of General Managers (effective September 15)

(Name)

(New job)

(Current job)

Yasushi Oda

General Manager of Business Planning Division, China Business Operations

YIMM

Fumiaki Nagashima

YMUS

General Manager of Sales & Marketing Division, China Business Operations

(Major business lines of group companies)

*YIMM (PT. Yamaha Indonesia Motor Manufacturing): Manufacture/marketing of motorcycles in Indonesia
*YMUS (Yamaha Motor Corporation, U.S.A.): Marketing company in the United States


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