GOL: PRASK INCREASES BY AROUND 4% OVER AUGUST 2011

SÃO PAULO, SEPTEMBER 13, 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 total supply in August fell by 7.7% year over year, accompanied by a load factor of 71.0%, the highest load factor for the period since 2006.

Starting this month, the Company will present the consolidated traffic data, considering GOL and Webjet. The traffic data below refer to the consolidated pro-forma route network, including Webjet’s traffic data for August 2011 in the table. The use of pro-forma data aims to provide a better comparison of the Company’s consolidated route network between the periods.

SUPPLY
Domestic supply fell by 8.5% year over year, due to the flight rationalization strategy launched in March 2012. This reduction is in line with the Company’s goal of reducing domestic supply by between 2% and 4.5% in the year, in response to the more challenging macroeconomic scenario.

Supply in GOL’s international route network moved up by 2.0% year over year, mainly due to the growth of non- regular international operations (charter flights) to Orlando and Miami in the United States. The flight to MIA was exclusively for Smiles clients, representing yet another initiative by the Company to strengthen the program.

DEMAND
Domestic demand decreased by 6.4% year over year, chiefly due to the lower growth of the Brazilian economy in August, which directly affects demand for flights in the country, in addition to the reduced supply in the period as a result of the Company’s flight rationalization strategy . The highlight is a decrease in demand (6.4%) lower than the decrease in supply (8.5%), in line with GOL’s strategy to increase load factor.

International demand posted a year-on-year increase of 4.6%, due to charter flights to Miami and Orlando in the U.S.

LOAD FACTOR, YIELD AND FUEL
GOL’s total load factor came to 71.0% in August, up 1.5 p.p. over the same month last year.
Consolidated net yield climbed by approximately 1.0% over August 2011* to between 18.1 and 18.6 cents (R$).
Net PRASK increased by approximately 4% in relation to August 2011.
Fuel prices** increased by approximately 12% over August 2011. Compared to the previous month, fuel prices* moved up slightly by around 3%.