GOL Announces Share Buyback

SAO PAULO, Aug. 11, 2011 /PRNewswire/ - GOL Linhas Aereas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL the “Company”), (S&P/Fitch: BB/BB-,Moody’s: B1), the largest low-cost and low-fare airline in Latin America, announces that, on this date, its Board of Directors has authorized a company’s preferred share buy-back program.