GOL: PRASK INCREASES BY 17% OVER NOVEMBER 2011

SÃO PAULO, DECEMBER 21, 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 and low-fare airline in Latin America, hereby announces that domestic supply in November fell by 16.9% year over year.

DOMESTIC MARKET
Domestic supply in November remained in line with GOL’s strategy, falling by 16.9% year over year, chiefly driven by the reduction in Webjet’s supply. The objective of the strategy is to adjust supply to the national industry’s new cost levels.

The domestic load factor increased by 5 percentage points (p.p.) over November 2011, primarily due to the decline in supply, especially Webjet’s. Demand fell by 9.9% in the same period, also mainly due to reduced supply on the Company’s national route network and the modest growth of the domestic economy during the period.

INTERNATIONAL MARKET
The Company’s international supply fell by 3.1% year over year, chiefly due to a reduction in the frequency of international flights in November 2012. Demand edged down by 1.0%, mainly for the same reasons mentioned above.

The international load increased by 1.2 p.p. year over year.

LOAD FACTOR, YIELD AND FUEL
GOL’s total load factor came to 69.1% in November, 5.0 p.p. up on the same month last year.

In the same period, consolidated net yield increased by close to 8.5%* to between 23.2 and 23.6 cents (R$). In a
monthly comparison, yield increased by approximately 18%.

PRASK increased by approximately 17% over November 2011. This increase was due to the rationalization of supply addition in the domestic market that GOL started in March/2012.

Fuel prices in November climbed by around 15% year over year.