Notice to the Market

TAM S.A. (BM&FBovespa: TAMM4 and NYSE: TAM) (“TAM”), in response to the reports published about supposed deals between the Company and TRIP – Linhas Aéreas S.A. (“TRIP”), announces to shareholders and the general market that: the subsidiary of TAM, TAM Linhas Aéreas S.A. and TRIP have been parties to a Codeshare Agreement since May 24, 2004. With the aim of improving the existing Codeshare Agreement and identifying potential opportunities to strengthen and expand their operations, said companies maintain negotiations of a non-binding nature. TAM will maintain its shareholders and the general market informed of any bussiness or events that must be disclosed, in accordance with governing law.