November 25, 1999

Personnel Changes

Mazda Motor Corporation today announced the changes of positions and responsibilities of senior executives as below, effective on December 1, 1999. This personnel changes were officially approved at the Board of Directors Meeting held today.

New Post	Current Post	Name
Representative Director and Vice Chairman Assistant to Chairman	Senior Managing Director In charge of Secretariat, Personnel & Human Development, Legal Affairs, Internal Auditing and Mazda Hospital	Kazuhide Watanabe
Representative Director and Executive Vice President Assistant to President	Senior Managing Director In charge of Marketing, Sales and Customer Service	Mark Fields
Senior Managing Director In charge of Secretariat, Personnel & Human Development, Legal Affairs, Internal Auditing and Mazda Hospital	Managing Director In charge of Financial Management and Domestic Dealer Financial Administration	Takashi Yamanouchi
Managing Director In charge of Domestic Sales, Marketing Services and Customer Service	Managing Director In charge of Domestic Sales and Marketing Services	Kenichi Yamamoto
Director In charge of Marketing; General Manager, Marketing Div.	Director Assistant to officer in charge of Marketing; General Manager, Marketing Div.	Masazumi Wakayama
Senior Advisor * In charge of Financial Management and Domestic Dealer Financial Administration	General Manager, Corporate Planning Div.	Keishi Egawa

*Note:

The Senior Advisor title is transitional prior to the next Shareholders Meeting at which time approval of his appointment as a director will be requested.