Tokyo, June 23, 2008 - (JCN Newswire) - Honda Motor Co., Ltd. issued the Honda Environmental Annual Report 2008 (Japanese language version), outlining results of the company's environmental initiatives for the fiscal year ended March 31, 2008 as well as targets for the current fiscal year ending March 31, 2009. In the report, Honda discloses a wide range of information, including progress made during the previous fiscal year toward Honda 2010 global CO2 reduction targets and FY2011 environmental footprint reduction targets for business activities in Japan, as well as initiatives to be implemented to achieve such targets. Honda has expanded the scope of consolidated data and the extent of global information included within this report.

Published annually since 1998, which makes this year's report the 11th edition, the Honda Environmental Annual Report serves both as an annual report on the targets and progress of environmental initiatives based on the Honda Environmental Statement released in 1992, and as a communication tool for collecting feedback and comments from a broad range of parties regarding Honda's environmental policies and practices.

The principal achievements announced in the report for the fiscal year ended March 31, 2008, are as follows:

I. Progress Toward 2010 Global CO2 Reduction Targets for Products and Production

Honda made progress toward achieving its CO2 reduction targets, as strives to become a company that manufactures products with the lowest CO2 emissions at manufacturing plants with the lowest CO2 emissions.

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                                2010 Targets       Progress during
                                                   fiscal year ended
                                                   March 31, 2008
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                                Vs. Fiscal year    Vs. Fiscal year
                                ended 3/31/2001)   ended 3/31/2001)
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Products:

Automobiles     Per g/km        10% Reduction      6.0% Reduction
Motorcycles     Per g/km        10% Reduction      11.2% Reduction
Power Products  Per kg/hour     0% Reduction       9.7% Reduction

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Production:

Automobiles     Per one unit
                of production   10% Reduction      7.7% Reduction

Motorcycles     Per one unit
                of production   20% Reduction      41.1% Reduction

Power Products  Per one unit
                of production   20% Reduction      8.2% Increase

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II. Progress toward FY2011 environmental footprint reduction targets for business activities in Japan

Honda announced progress made toward targets announced in June 2007.

Please see http://world.honda.com/news/2008/c080623Environmental-Annual-Report/ for details.

The Honda Environmental Annual Report 2008

The Honda Environmental Annual Report 2008 (Japanese language version) is available for download at: http://www.honda.co.jp/environmental-report/

The English language version is to be issued in early September.

About Honda Motor Co., Ltd.

Honda Motor Co., Ltd. (TSE:7267/NYSE:HMC/LSE:HNDA.L) is one of the leading manufacturers of automobiles and power products and the largest manufacture of motorcycles in the world. Honda has always sought to provide genuine satisfaction to people worldwide. The result is more than 120 manufacturing facilities in 30 countries worldwide, producing a wide range of products, including motorcycles, ATVs, generators, marine engines, lawn and garden equipment and automobiles that bring the company into contact with over 19 million customers annually. For more information, please visit http://world.honda.com .

Contact:Honda Motor Co., Ltd.
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