June 27, 2008

TAM to Offer Direct Flight Between Cabo Frio and Buenos Aires

SAO PAULO, Brazil, June 27 /PRNewswire-FirstCall/ -- TAM (Bovespa: TAMM4 and NYSE: TAM) will operate a weekly direct flight between the cities of Cabo Frio, in the state of Rio de Janeiro, and Buenos Aires, in Argentina, between July 5 and August 9. The new service will provide for the growing volume of passengers traveling from the capital of Argentina to the northern coast in the state of Rio de Janeiro during the high traffic season, stimulating tourism in that region.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080221/SPTH002LOGO )

The TAM flight service will be offered in the modern Airbus A320 aircraft, which has a capacity of up to 174 passengers. With the start of operations, TAM will be the only airline to offer direct flights on this route, connecting Cabo Frio to Buenos Aires without any stops.

The flight will depart from the Cabo Frio International Airport at 9:20 p.m. and arrive at the Ezeiza International Airport in Buenos Aires at 12:40 a.m.* The return trip will depart from Buenos Aires at 5:00 p.m.* and arrive in Cabo Frio at 8:00 p.m.

At present, the company operates 49 regular weekly flights to Buenos Aires, with departures from Belo Horizonte, Brasilia, Florianopolis, Fortaleza, Porto Alegre, Rio de Janeiro, Salvador and Sao Paulo. The company also offers a daily flight connecting Sao Paulo to the city of Cordoba in Argentina, with a stop in Asuncion, Paraguay.

To meet demand during the high traffic season, the company will be offering extra flights to Buenos Aires, with departures from Porto Seguro, Recife, Salvador, Sao Paulo and Rio de Janeiro, from June 19 to August 10.

The company will also offer direct flights from Sao Paulo to Bariloche in Argentina from July 3 to August 10. With the start of this service, TAM will be the only airline offering direct flights on this route.

   * Brazil time    Investor Relations:   Phone: (55) (11) 5582-9715   Fax: (55) (11) 5582-8149   [email protected]   http://www.tam.com.br/ir    Press Agency:   Phone: (55) (11) 5582-8167   Fax: (55) (11) 5582-8155   [email protected]   MVL Comunicacao   Phone: (55) (11) 3594-0302 / 0304 / 0305    About TAM:  

TAM (http://www.tam.com.br/) has been the domestic market leader since July of 2003, and closed May 2008 with a 49.3% market share. The company flies to 42 destinations in Brazil. With business agreements signed with regional companies, it reaches 79 different destinations in the country. TAM's market share among Brazilian companies that operate international flights stood at 74.3% in May. Operations abroad include TAM flights to 16 destinations in the United States, Europe and South America: New York and Miami (USA), Paris (France), London (England), Milan (Italy), Frankfurt (Germany), Madrid (Spain), Buenos Aires and Cordoba (Argentina), Santa Cruz de la Sierra (Bolivia), Santiago (Chile), Asuncion and Ciudad del Este (Paraguay), Montevideo and Punta del Este (Uruguay), and Caracas (Venezuela). It has code-share agreements that make possible the sharing of seats on flights with international airlines, enabling passengers to travel to 64 other destinations in the U.S., Europe and South America.

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CONTACT: Libano Miranda Barroso, TAM Investor Relations,+011-55-11-5582-9715, fax, +011-55-11-5582-8149, [email protected]

Web site: http://www.tam.com.br/