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Announcement of Personnel Changes

May 14, 2010

Yamaha Motor Co., Ltd. announces the following personnel changes, effective May 15, 2010

1. Change in duties of Executive Officer
(Name) (New position) (Current position)

Toshizumi Kato Executive Officer, Senior General Manager of Sales Section, Motorcycle Business Operations and General Manager of Motorcycle Sales Division, Sales Section, Motorcycle Business Operations Executive Officer, Senior General Manager of Sales Section, Motorcycle Business Operations

2. Personnel change in group company
(Name) (New position) (Current position)

Yoshihiko Takahashi President of Yamaha Motor de Mexico, S.A. de C.V. General Manager of Motorcycle Sales Division, Sales Section, Motorcycle Business Operations
  Major business lines of Yamaha Motor de Mexico, S.A. de C.V.:
  Manufacture, import, export and sale of motorcycles, all-terrain vehicles and golf cars, and their parts and accessories in Mexico
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