Honda Publishes Honda Environmental Annual Report 2008

TOKYO, Japan, June 23, 2008– 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:

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.

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