TAM Cargo and TAP Cargo Sign Agreement to Expand Client Services

SAO PAULO, April 17 /PRNewswire-FirstCall/ — TAM’s
(NYSE: TAM; Bovespa: TAMM4) cargo unit, TAM Cargo, and TAP Cargo signed a
contract today during Intermodal South America 2009 that expands the range of
destinations served by both companies’ cargo operations. TAM Cargo will serve
15 new locations in Europe and Africa. TAP Cargo will in turn be able to
deliver cargo to 15 additional destinations throughout Brazil and the rest of
South America.

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“The contract will enable us to offer more complete and efficient service
to our clients, who can rest assured that they will be provided a high quality
operation from start to finish, throughout both TAM Cargo and TAP Cargo’s
processes,” said Carlos Amodeo, TAM’s cargo director.

With the new partnership, TAM Cargo expands its operations in Europe to
include the following cities: Lisbon and Porto (Portugal), Amsterdam
(Holland), Prague (Czech Republic), Budapest (Hungary), Stockholm (Sweden),
Copenhagen (Denmark), Oslo (Norway) and Zagreb (Croatia). In Africa, it will
now serve Luanda (Angola), Maputo (Mozambique), Dakar (Senegal), Sal (Cape
Verde), Sao Tome and Guinea Bissau.

TAP Cargo expands its operations to include ten more cities in Brazil
(Vitoria, Florianopolis, Porto Alegre, Curitiba, Manaus, Belem, Goiania,
Aracaju, Joao Pessoa and Sao Luis) and five in other parts of South America
(Buenos Aires, Asuncion, Lima, Montevideo and Santiago).

“This agreement is exceedingly important for both companies and takes
advantage of complementary routes to expand their networks of freight
transportation service in South America and Europe, to their mutual benefit,”
says Luis Vaz, TAP’S Executive Administrator.

About TAM Cargo

TAM Cargo serves locations in Brazil and abroad. Striving for excellence
in service, TAM Cargo provides customer service channels through their web
site (www.tamcargo.com.br) and through a 24-hour Call Center, through which
users can obtain general information concerning the transportation of goods,
get quotes, request samples and track cargo in real time. The service can be
reached by phone at 0300 1159999.

SOURCE TAM