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Announcement of Personnel Changes

August 7, 2009

Yamaha Motor Co., Ltd. announces the following personnel changes, effective August 15, 2009.

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

Takahiro Fujimura Yamaha Motor Europe N.V. and President of Yamaha Motor Middle Europe B.V. Yamaha Motor Europe N.V.
Masato Suzuki President of Yamaha Motor R&D Shanghai Co., Ltd. Yamaha Motor R&D Shanghai Co., Ltd.

Major business lines of the group companies referenced above:

Yamaha Motor Europe N.V.:
  Import and sales of Yamaha products in the Netherlands, marketing of Yamaha products in Europe, product development, finance and other businesses
Yamaha Motor Middle Europe B.V.:
  Management and supervision of six sales subsidiaries in Europe from the Netherlands
Yamaha Motor R&D Shanghai Co., Ltd.:
  Research and development of Yamaha products in China
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