October 23, 2008

GOL Signs Interline Agreement With Condor Airlines

SAO PAULO, Brazil, Oct. 23 /PRNewswire-FirstCall/ -- GOL Linhas Aereas Inteligentes S.A. (Bovespa: GOLL4 and NYSE: GOL), Brazil's low-cost airline company, announces that it has signed an interline agreement with Germany- based Condor Airlines. Through this partnership, passengers of the European airline can purchase tickets on GOL to Belo Horizonte, Brasilia, Fortaleza, Maceio, Natal, Rio de Janeiro and Sao Paulo.

The agreement allows the sale of point to point tickets. For added convenience, luggage will be checked through to passengers' final destination on connecting international flights. The partnership increases GOL's feeder network by providing additional options for passengers traveling with Condor.

Condor currently operates direct flights between Recife and Salvador, in northeastern Brazil, and Frankfurt, in Germany. The airline serves more than 70 international destinations in Europe, Asia, Africa and America.

About GOL Linhas Aereas Inteligentes S.A

GOL Linhas Aereas Inteligentes S.A. , Brazil's low-cost airline, offers nearly 800 daily flights to 49 destinations connecting the most important cities in Brazil and ten major destinations in South America. The Company operates a young, modern fleet of Boeing 737 Next Generation, the safest and most comfortable aircraft of its class that provides low maintenance, fuel and training costs, as well as high aircraft utilization and efficiency ratios. The Company's service is recognized as the best value proposition in the market.

This release contains forward-looking statements relating to the prospects of the business, estimates for operating and financial results, and those related to growth prospects of GOL. These are merely projections and, as such, are based exclusively on the expectations of GOL's management. Such forward- looking statements depend, substantially, on external factors, besides those disclosed in GOL's filed disclosure documents and are, therefore, subject to change without prior notice.

GOL Linhas Aereas Inteligentes S.A.

CONTACT: IR of GOL Linhas Aereas Inteligentes S.A., +5511-3169-6800,[email protected]

Web site: http://www.voegol.com.br/ir