Announcement of Personnel Changes

February 5, 2008

Yamaha Motor Co., Ltd. today announced the following personnel changes, decided at the meeting of the Board of Directors held on February 5, 2008.

Changes in Directors (effective March 26, 2008)

(1)	New Director candidate*
	Masahito Suzuki	Director (Executive Officer, Senior General Manager of Research & Development Operations, present)

(2)	Resignation of Directors
	Wataru Suzuki	Director and Senior Executive Officer in charge of corporate quality assurance, Senior General Manager of Product Assurance Operations (Scheduled to assume the position of Advisor)

	Akira Sano	Director and Senior Executive Officer in charge of accessories business project of Motorcycle Headquarters (Scheduled to assume the position of Advisor)

*	Formal election of the new Director is scheduled on approval of the Ordinary General Meeting of Shareholders, to be held March 26, 2008.

Changes Affecting Executive Officers (effective March 26, 2008)

(1)	New Executive Officers
	(Name)	(New position)	(Current position)

	Souichi Sasagawa	Executive Officer, Senior General Manager of Marine Operations	Senior General Manager of Marine Operations

	Kazuya Kinpara	Executive Officer, Senior General Manager of Planning Operations, Motorcycle Headquarters	Senior General Manager of Planning Operations, Motorcycle Headquarters

	Hiroyuki Suzuki	Executive Officer, Senior General Manager of Quality Assurance Operations, Motorcycle Headquarters	Senior General Manager of Quality Assurance Operations, Motorcycle Headquarters

	Hajime Yamaji	Executive Officer, Senior General Manager of Overseas Market Development Operations and General Manager of Russia?CIS Division, Overseas Market Development Operations	Senior General Manager of Overseas Market Development Operations and General Manager of Russia?CIS Division, Overseas Market Development Operations

	Toshizumi Kato	Executive Officer, President of IM Company and General Manager of Production Division, IM Company	President of IM Company and General Manager of Production Division, IM Company

(2)	Promotion of Executive Officer
	(Name)	(New position)	(Current position)

	Masahito Suzuki	Director and Senior Executive Officer, Senior General Manager of Research & Development Operations	Executive Officer, Senior General Manager of Research & Development Operations

(3)	Resignation of Executive Officer
	Osamu Hayata	Executive Officer, General Manager of Internal Control Auditing Division

*	Abbreviations:
	IM: Intelligent Machinery