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Announcement of Personnel Changes

July 13, 2010

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

1. Changes in duties of Executive Officers
(Name) (New position) (Current position)

Hajime Yamaji President of Yamaha Motor Europe N.V. and President of Yamaha Motor Middle Europe B.V. President of Yamaha Motor Europe N.V.

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

2. Changes in duties of General Managers
(Name) (New position) (Current position)

Kimiaki Nakamura General Manager of Corporate Quality Assurance Division, Product Assurance Center Manager of Engineering Administration Division, Engineering Section, Motorcycle Business Operations

Fumio Takahashi General Manager of Technical Publication Division, Product Assurance Center Manager of Technical Publication Division, Product Assurance Center

Hirokazu Hasegawa General Manager of Prototype Technology Division, Technology Infrastructure Section, Technology Center Manager of General Affairs Division, Human Resources & General Affairs Section

Takahiro Fujimura General Manager of Motorcycle Sales Division, Sales Section, Motorcycle Business Operations Yamaha Motor Europe N.V.;President of Yamaha Motor Middle Europe B.V.

Kiyoshi Fujino Senior General Manager of Cost Development Section, Marine Engine Business Unit, Marine Business Operations, and General Manager of Cost Management Division, Cost Development Section, Marine Engine Business Unit, Marine Business Operations Senior General Manager of Cost Development Section, Marine Engine Business Unit, Marine Business Operations

Hiroyuki Hirokawa General Manager of Marine Parts & Accessories Sales Division, Boat Business Unit, Marine Business Operations Manager of Marine Parts & Accessories Sales Division, Boat Business Unit, Marine Business Operations

3. Personnel change in group companies
(Name) (New position) (Current position)

Hiroki Tanaka President of Yamaha Motor España S.A. Yamaha Motor Europe N.V.
  Major business lines of the group companies referenced above:
  Yamaha Motor Europe N.V.:
  Import and sale of Yamaha Motor products in the Netherlands, marketing of Yamaha Motor 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 España S.A.:
  Manufacture of motorcycles and sale of Yamaha Motor products in Spain
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