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Announcement of PersonnelChange

December 12, 2008

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

Personnel changes in group companies
(Name) (New position) (Current position)

Yukimine Tsuji President of India Yamaha Motor
Pvt. Ltd. and President of Yamaha
Motor India Sales Pvt. Ltd.
India Yamaha Motor Pvt. Ltd.

Major business lines of the group companies referenced above:

India Yamaha Motor Pvt. Ltd.:
  Manufacture, sale and export of motorcycles in India
Yamaha Motor India Sales Pvt. Ltd.:

Sale of motorcycles in India

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