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October 28, 2002

Notice of Acquisition of Common Stock



Tokyo, October 28, 2002 – Honda Motor Co., Ltd. today announced to implement an Acquisition of its Common Stock, which was resolved at the meeting of the Board of Directors held on October 28, 2002 in accordance with resolution at the 78th Ordinary General Meeting of Shareholders held on June 25, 2002 as follows:

(1) Type of shares to be acquired
Common stock of Honda Motor Co., Ltd
  (2) Maximum number of shares to be acquired
3,000,000 shares
  (3) Maximum amount of acquisition
15 billion yen
(4) Method of acquisition
  Purchase on the Tokyo Stock Exchange
(5) Period of acquisition
  From November 7, 2002 to January 24, 2003



Note:
Resolution at the 78th Ordinary General Meeting of Shareholders held on June 25, 2002.

(1) Type of shares to be acquired
Common stock of Honda Motor Co., Ltd
  (2) Maximum number of shares to be acquired
20,000,000 shares
  (3) Maximum amount of acquisition
100 billion yen



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