GOL: PRASK Grows 11% YTD and 11% in June 2013, year over year

São Paulo, July 16, 2013 – GOL Linhas Aéreas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL), (S&P: B, Fitch: B-, Moody’s: B3), the largest low-cost and low-fare airline in Latin America, hereby announces its preliminary air traffic figures for June 2013.

PRASK, Yield and Fuel Prices
Net PRASK moved up by 11% in June over the same month last year, even at a lowest level of supply reduction (-1.3% in the same period). In the second quarter of 2013, PRASK increased approximately 10% and, over the semester, it increased by 11% (YoY).

Net yield increased by 11% over June 2012 to between 21.0 and 21.4 cents (R$). In the second quarter and year-to-date terms, net yield grew by 13%.

The fuel price* fell by 8% year-on-year in June. In the first quarter and year-to- date, it declined by around 4% and increased by approximately 4%, respectively, over the same periods in 2012.

Domestic Market
In June, GOL continued with its strategy of optimizing domestic supply, which fell by 4.2% year-on- year due to the discontinuation of Webjet’s operations. The lower reduction was due to the fact that the adjustment in supply began in April 2012. In the first half, the decline came to 11%, above the Company’s projected reduction for the period.

The domestic load factor edged up by 0.4 p.p. over June 2012, reaching 72.1%. Given the above- mentioned reduction in supply and the period price recovery, demand in June fell by 3.7% year-on- year.

International Market
International supply moved up by 31.7% over June 2012, chiefly due to the daily flights to Santo Domingo, Miami and Orlando that began at the end of last year, while demand increased by 23.1% for the same reason. The international load factor fell by 4.0 p.p. Part of this decline is explained by the greater representation of flights to Santo Domingo, which we offer around 85% seats for sale in our 737-800 NG. According to ANAC’s methodology, the load factor is calculated based on the total capacity of the aircraft.