TAM invests US$ 300 million to increase options for international flights from Rio de Janeiro

São Paulo, April 8th, 2011 – (BM&FBOVESPA: TAMM4/NYSE: TAM) Our long-distance international routes from Rio de Janeiro will gain new frequencies as of May. We will turn the flight to Frankfurt (Germany) to a daily frequency and will increase from three to six departures a week to New York (United States). The first of these two additional departures to New York begins operating in May, the other is in the process of approval by the National Civil Aviation Agency (ANAC), and is expected to begin in August. We are also waiting ANAC’s approval to increase flights to London (England) from four to six weekly departures to operate from August 1st this year.

To expand flights to and from Frankfurt, New York and London, invested about US$ 300 million (based on list price) for receiving two Airbus A330 aircraft. One will be delivered in April and another in May. We currently have a fleet of 152 aircraft, we expect reaching the end of the year with 156 aircraft.

Rio de Janeiro is a major tourist destination in the world, leading the company to expand its operations from the Tom Jobim International Airport/ Galeão. “Rio´s airport is already our second international connecting hub, from it we already have direct flights to New York, Miami, Buenos Aires, Paris, Frankfurt and London. With the new frequencies we are reaffirming our passion for Rio and recognizing the city´s importance as a gateway to and from the country for business or leisure travelers”, says Líbano Barroso, CEO TAM Linhas Aéreas.

“Rio de Janeiro is the main gateway for tourists in the country, and this should extend to major events to come, as the 2014 World Cup and the 2016 Olympic Games, "said Sergio Cabral, governor of Rio de Janeiro “I am very pleased to hear the announcement by TAM, which recognizes the global importance of Rio de Janeiro and will bring, with these new flights, a greater offer of access for passengers from Europe and the United States to our city and our state, both for tourism and business. In addition, our passengers will not need to go to other states any more to be able to travel to New York and Frankfurt”.

Our route between Rio de Janeiro and Frankfurt, operated for eight months now, will gain two more frequencies as of May. The offer growth will make the connection between both cities daily. The flights will continue to be in prime time and operated by Airbus A330 aircrafts, with capacity for 223 passengers, arranged with four seats in the First Class, 36 in the Executive Class and 183 in the Economy class.

We will also offer, as of May, the fifth weekly frequency for direct flight between Rio de Janeiro and New York, which started in November 2008. Customer will now have one more option for traveling nonstop between the two cities. In addition, all flights will now be at night as of May – including the Sunday´s New York-Rio de Janeiro flight, which currently takes off at 10 a.m. The route is operated by Airbus A330 aircrafts with capacity for 223 passengers in three service classes. The request for a sixth flight of that route is under analysis by the ANAC.

All passengers traveling on TAM´s First Class and Executive Class may use the Airline´s VIP room at the Galeão (Rio), Frankfurt, and New York airports, with rest, entertainment, and workstation areas.