Announcement of Personnel Changes

August 9, 2013

Yamaha Motor Co., Ltd. announces the following personnel change, effective August 15, 2013.

1.Change in duties of Executive General Manager

(Name)	(New position)	(Current position)
Toshiaki Ibata	Executive General Manager of Water Vehicle Business Unit, Marine Business Operations	General Manager of Development Division, Water Vehicle Business Unit, Marine Business Operations

2.Change in duties of General Manager

(Name)	(New position)	(Current position)
Yasuhiko Henmi	General Manager of Development Division, Water Vehicle Business Unit, Marine Business Operations	Manager of Development Division, Water Vehicle Business Unit, Marine Business Operations