ISUZU:Corrections Regarding Inaccuracy in Some Press Reporting Dated November 8, 2006

2006

TRANSLATION

For immediate release :

November 8, 2006
Isuzu Motors Limited
Corporate Communications Dept.

Corrections Regarding Inaccuracy in Some Press Reporting Dated November 8, 2006

In regard to the captioned matter, please be advised that there is a discrepancy between the contents of explanations made in a joint announcement held yesterday by and between Isuzu Motors Limited and Toyota Motor Corporation and the contents of some press reporting. We at Isuzu would like to issue a correction concerning the inaccuracy in the press reporting, as follows: Your confirmation and understanding will be highly appreciated.

Note

1.	This matter does not mean that Isuzu will become a member of the Toyota Group, but it merely means that the two parties have mutually agreed to make a study on a possible business collaboration regarding diesel engine.
2.	A relationship with Hino Motors, Ltd. remains unchanged. It is absolutely unfounded and untrue that Isuzu has begun to negotiate with Hino for a new business collaboration.
3.	Manufacturing J/V companies with GM (ISPOL/DMAX) remains unchanged. Isuzu does not have any plan to terminate these J/V's. It is absolutely unfounded and untrue that Toyota may take part in these JV businesses or take over the shares of the JV's owned by GM.

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