Lexus Announces Prices on 2008 RX 400h, SC 430, GX 470, IS 250/350, ES 350 and LS 460

July 27, 2007 – Torrance, CA – Lexus announced manufacturer’s suggested
retail prices (MSRP) today for the 2008 RX 400h hybrid luxury utility vehicle,
SC 430 luxury hardtop convertible, GX 470 premium luxury utility vehicle, IS
250/350 luxury sport sedans, ES 350 luxury sedan, and LS 460 premium luxury
sedan. Each model will go on sale in September.

For 2008, the RX 400h hybrid luxury utility vehicle receives several styling
enhancements including a restyled front grille design, new exterior chrome door
handles, a new finish on the five-spoke, 18-inch wheels, and a color-keyed rear
spoiler. The world’s first luxury utility hybrid also receives seven new exterior
colors including Smoky Granite Mica, Golden Almond Metallic, Classic Silver
Metallic, Breakwater Blue Metallic, Brandy Wine Mica, Desert Sage Metallic and
Matador Red Mica.

The base MSRP for the RX 400h with front-wheel-drive will remain unchanged at
$41,180. The price of the all-wheel-drive RX 400h also remains unchanged from
2007 at $42,580.

The SC 430 luxury hardtop convertible carries over unchanged for the 2008 model
year. The base MSRP for the 2008 SC 430 also remains unchanged at $65,455.

The 2008 GX 470 also receives additional styling upgrades including a new dark
metallic finish on the front grille, chrome roof rack side rails, liquid graphite
on the standard 17-inch alloy wheels, a clear rear combination lamp turn signal
lens cover, and two new colors – -Salsa Red Pearl and Desert Sage metallic.
Inside, the GX 470 receives a new Brown Walnut wood trim and a chrome finish
on the front door speaker grilles. Additional changes were also made on the
optional Sport Package where the carpeting, third-seat latch and cargo hook
will now be black.

The 2008 GX 470 will carry a base MSRP of $46,815, an increase of $180, or 0.4
percent. Additionally, the price of the popular Third Row Seat with Rear Air
Conditioner option significantly reduced by $1,545 and will now be offered at
$485.

The 2008 IS 250 and 350 features a new finish to its standard 17-inch wheels
for a sportier appearance. Additional upgrades include backlighting on the outside
power mirror control, white illuminated scuff plates and an additional coin
holder.

The base MSRP for the IS 250 with a manual transmission will be $30,455, an
increase of $200, or 0.7 percent. The IS 250 with an automatic transmission
will carry a base MSRP of $31,625, up $200, or 0.6 percent. The IS 250 with
all-wheel-drive and an automatic transmission will carry a base MSRP of $34,085,
a price reduction of $200, or 0.6 percent. The IS 350 will be base priced at
$35,905, an increase of $200, or 0.6 percent.

For 2008 the Lexus ES 350 receives restyled outside rear-view mirrors for a
sleeker look. Inside, the ES adds two rear personal lamps for added passenger
convenience.

The ES 350 will carry a base MSRP of $33,720, an increase of $250, or 0.7 percent.

Launched in the fall of 2006, the all-new LS 460 and LS 460 L have received
overwhelming accolades and enjoyed spectacular consumer acceptance. For the
2008 model year, the LS will carry over unchanged with the exception of one
new exterior color, Opaline Pearl.

The long wheelbase LS 460 L offers a new Air Suspension package that includes
19-inch five-spoke alloy wheels with 245/45R19 all-season tires, Variable Gear
Ratio Steering and Adaptive Variable Air Suspension.

The 2008 LS 460 will have a base MSRP of $61,500, an increase of $500, or 0.8
percent. The base MSRP for the LS 460 L will be $71,500, an increase of $500,
or 0.7 percent.