GOL ISSUES SECOND SERIES OF GUARANTEED NOTES FOR FINANCING ENGINE MAINTENANCE

SÃO PAULO, SEPTEMBER 27, 2012 – GOL Linhas Aéreas Inteligentes S.A. (BM&FBovespa: GOLL4 and NYSE: GOL), (S&P: B, Fitch: B+, Moody’s: B3), the largest low-cost, low-fare airline in Latin America, hereby informs that issued the second series Guaranteed Notes (“Guaranteed Notes”) totaling US$22.7MM, and pricing was based on capital market operations with interest rate of 0.85% p.a.. This operation represents the financing for engine maintenance guaranteed by Export-Import Bank of the United States (Ex-Im Bank) totaling US$84.8 million. The first series Guaranteed Notes announced on July 2, 2012, summed up US$39.1MM, and priced with interest rate of 1.00% p.a..

The financing guaranteed by Ex-Im bank has two-year term and will support services for maintenance of CFM56- 7B engines carried out by Delta TechOps, maintenance division of Delta Air Lines, in addition to reinforce even more the strategic partnership established between the companies in early 2011.