GOL: Statement of a Reduction in Shareholding Interest

São Paulo, December 27, 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, in compliance with Article 12, paragraph 4, of CVM Rule 358 of January 3, 2002, as amended by CVM Rule 449 of March 16, 2007, hereby announces to its shareholders and the market that it has received from Bank of America Corporation (“Bank of America”) on December 26, 2013, the letter transcribed below, informing a reduction on the Company’s shares ownership through various Bank of America subsidiaries:

“For the purposes of Article 12 of the Brazilian Securities Exchange (”CVM") Rulling No. 358, of January 3, 2002, as amended (“Ruling No. 358”), the undersigned, Bank of America Corporation (“Bank of America”), hereby informs that, as of December 17, 2013, it holds through various subsidiaries, preferred shares and American Depositary Receipts that total 5,252,062 preferred shares, as converted, representing 3.89% of the total preferred shares issued by GOL Linhas Aéreas Inteligentes S.A.

(i) Bank of America Corporation is a corporation validly existing under the laws of the State of Delaware, with IRS Employer Identification Number is 56-0906609. Its registered office is located at: Bank of America Corporate Center 100 North Tryon Street, Charlotte, NC 28255 USA;

(ii) Bank of America holds the equity positions through various subsidiaries that may acquire the securities solely for investment or client facilitation purposes; however, Bank of America does not seek a change of control or a change in the management structure of GOL Linhas Aéreas Inteligentes S.A.;

(iii) Bank of America has holdings totaling to 5,252,062 preferred shares;

(iv) No debenture convertible into shares issued by GOL Linhas Aéreas Inteligentes S.A. is held by Bank of America; and

(v) No agreement or contract regulating the exercise of the voting right or the purchase and sale of securities issued by GOL Linhas Aéreas Inteligentes S.A. was executed by Bank of America."