Announcement of Organizational and Personnel Changes

May 14, 2007

Yamaha Motor Co., Ltd. announces the following organizational and personnel changes, effective May 15, 2007.

Changes in Duties of Director (effective May 15, 2007)

(Name)	(New position)	(Current position)

Akira Sano	Senior Executive Officer and Director, Senior General Manager of the American Headquarters	Senior Executive Officer and Director, Senior General Manager of the American Headquarters, and President of Yamaha Motor Corporation U.S.A.

Organizational changes (effective May 15, 2007)

To further promote internal, external and market communication, further differentiate public relations and advertising, and enhance both, the Public Relations Division has been reorganized into the Public Relations Division and the Advertising Division.

Personnel changes (effective May 15, 2007)

(Name)	(New position)	(Current position)

Tetsuo Oosumi	General Manager of Public Relations Division	Manager of Corporate Communication Group, Public Relations Division

Toshiharu Seko	General Manager of Advertising Division	General Manager of Public Relations Division

Akira Nishiyama	Senior Manager of Automotive Operations	General Manager of Business Planning & Control Division, Automotive Operations

Takeo Mochizuki	General Manager of Business Planning & Control Division, Automotive Operations	Manager of Business Planning & Control Division, Automotive Operations

Masato Adachi	President of Yamaha Motor Corporation,U.S.A.	President of Yamaha Motor do Brasil Ltda. and President of Yamaha Motor da Amazonia Ltda.

Yutaka Kume	President of Yamaha Motor do Brasil Ltda. and President of Yamaha Motor da Amazonia Ltda.	Senior Manager of Finance & Accounting Division

* Major business lines of the group companies referenced above:

Yamaha Motor Corporation,U.S.A.:

Import and sales of Yamaha products in the U.S.

Yamaha Motor do Brasil Ltda.:

Manufacture and sales of motorcycle parts, and import and sales of motorcycles, outboard motors and other products in Brazil

Yamaha Motor da Amazonia Ltda.:

Manufacture and sales of motorcycles and outboard motors in Brazil