Announcement of Personnel Changes

February 14, 2008

Yamaha Motor Co., Ltd. today announced the following personnel changes, effective February 15, 2008.

1. Resignation of Executive Officer (effective January 31, 2008)

(Name)

Tomotaka Ishikawa	Executive Officer, President of RV Company and President of Yamaha Motor India Pvt. Ltd.

2. Changes in duties of Executive Officer (effective February 15, 2008)

(Name)	(New position)	(Current position)

Nobuaki Shiraishi	Executive Officer, President of RV Company and General Manager of Quality Assurance Division, RV Company	Executive Officer in charge of technology and manufacturing, RV Company and General Manager of Quality Assurance Division, RV Company

3.	Changes in duties of Senior General Managers and General Managers (effective February 15, 2008)

(Name)	(New position)	(Current position)

Kenji Fujimoto	Senior General Manager of Aeronautic Operations, General Manager of Marketing Development Engineering, Aeronautic Operations and President of Yamaha Motor India Pvt. Ltd.	Senior General Manager of Aeronautic Operations and General Manager of Marketing Development Engineering, Aeronautic Operations

Junzo Saito	General Manager of Legal & Intellectual Property Division	Senior Manager of Legal Group, Legal & Intellectual Property Division

4. Personnel changes in group companies (effective February 15, 2008)

(Name)	(New position)	(Current position)

Shigeki Hirasawa	Yamaha Motor Europe N.V. (the Netherlands)	General Manager of Legal & Intellectual Property Division

Kei Otsuka	President of Yamaha Motor Portugal S.A.	Yamaha Motor Europe N.V.(the Netherlands)

Takahiro Fujimura	Yamaha Motor (UK) Limited	President of Yamaha Motor Portugal S.A.

Abbreviations:

RV: Recreational Vehicle

Major business lines of the group companies referenced above:

Yamaha Motor India Pvt. Ltd.:
	Manufacture of motorcycles in India
Yamaha Motor Europe N.V.:
	Import and sales of Yamaha products in the Netherlands, and marketing of Yamaha products in Europe
Yamaha Motor Portugal S.A.:
	Import and sales of Yamaha products in Portugal
Yamaha Motor (UK) Limited.:
	Import and sales of Yamaha products in England