IRVINE, Calif., – February 3, 2005 – Toyota Industrial Equipment (TIE) announced today its Chattanooga-based dealer, Kenco Group, Inc., has increased its area of primary responsibility for Kenco Toyota-Lift. Beginning on January 1, 2005, Kenco will expand its equipment sales, parts, accessories and service operation to customers throughout the state of Maryland with the exception of Garrett, Allegany and Washington counties. The expansion also includes Kent and Sussex counties in Delaware. Kenco has a long-standing dealer relationship with Toyota. This expansion adds to Kenco's existing operations in Chattanooga, Tenn.; Dalton, Ga.; and Madison, Ala.

"Building on 23 years of industry experience with Toyota Industrial Equipment, Kenco is one of our most successful dealers. We're pleased to expand their service area throughout Maryland and into Delaware," said Dr. Shankar Basu, president and CEO of TMHU. "Both Kenco and its wide customer base will benefit from the enhanced service they bring to these key markets."

Kenco has leased a service and parts distribution facility in Linthicum, Md., outside of Baltimore to accommodate the needs of its increased customer base.

"Kenco is excited to expand our company, especially at a time when Toyota is increasing its position as the nation's largest lift truck manufacturer," said Sam Smartt, Jr., Vice Chairman and Dealer Principal of Kenco. "Our expanded presence will ensure we consistently meet the material handling needs of Toyota customers."

Kenco is a family owned business founded in 1950 by Jim Kennedy, Jr. and Sam Smartt, Sr. Today, in addition to Kenco Toyota-Lift, Kenco owns and/or operates over 17 million feet of warehouse space in 18 states and Canada for a variety of fortune 500 companies. Kenco has over 3,000 employees and generated sales in 2004 of approximately $200 million.

Toyota Material Handling, U.S.A., Inc. is headquartered in Irvine, Calif., and offers a full line of high-quality lift trucks sold under the Toyota brand. Built on a reputation for excellence, Toyota is known for its quality, reliability and durability. More than 99 percent of Toyota lift trucks sold in the U.S. are manufactured in North America.

Toyota's commitment to excellence in customer service extends nationwide. Seventy-one authorized Toyota Industrial Equipment dealers with 186 locations throughout the United States offer comprehensive customer service support, including one-stop shopping for both new and Certified Used lift trucks, parts, service and financing. For more information on Toyota Material Handling, U.S.A., Inc., please visit www.toyotaforklift.com or call 1-800-226-0009.