Announcement on the Changes in Isuzu Consolidated Financial Performance Forecasts for Fiscal Year Ended April 2010

April 20, 2010

Company name Stock exchange listing Representative URL Contact person

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Isuzu Motors Limited Code No. 7202, The 1st Section, Tokyo Stock Exchange in Japan Susumu Hosoi, President and Representative Director http://www.isuzu.co.jp/world/investor/index.html Naruhito Furuta, General Manager, General Affairs, Administration Division, Isuzu Motors Limited, Tel: 81-3-5471-1141

Further to the previous announcements made at the account closing on February 5, 2010, Isuzu Motors Limited wishes to announce following adjustments and changes in the Forecasts for consolidated financial performance for fiscal year ended March 2010:

Adjustments and changes made in the consolidated performance forecasts (for the period starting from April 1, 2009 and ended March 31, 2010).

(Unit: Millions of Yen, or %)

Consolidated Net Sales Operating Income Ordinary Income Net Income Net Income per Share (A) Previous forecast as of Feb. 5, 2010 1,060,000 (5,000) (7,000) (5,000) Yen (2.95) (B) Adjusted/changed as of Apr. 20, 2010 1,080,000 11,000 11,000 8,000 Yen 4.72 Changes (B - A) 20,000 16,000 18,000 13,000 - Changes in % 1.9 - - - - Previous year's actual (April 2008- March 2009) 1,424,708 21,651 15,236 (26,858) Yen (15.85)

Reasons for changes:

In addition to a sales increase in domestic market, ASEAN, overseas markets, etc., the profitability of each company for the second half of FY 2010 has been improved as a result of the profitability improvement activities tackled by the Isuzu group as a whole. Thus, the consolidated forecast for FY2010 made this time is estimated to exceed the forecast announced previously.
However, it is not yet determined whether or not the term-end dividend for the fiscal year ending March 2010 is paid. The estimated amount of the dividend will be disclosed immediately at the time when it has become possible to do so.

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