GOL and AeroMexico Sign Code-Share Agreement

SAO PAULO, Oct. 7 /PRNewswire-FirstCall/ — GOL Linhas Aereas Inteligentes
S.A. (NYSE: GOL, Bovespa: GOLL4), the largest low-cost and low-fare airline in
Latin America, and AeroMexico announce that the companies have signed a code-
share agreement. The companies are also evaluating the possibility of linking
their frequent flyer programs, GOL’s SMILES and Aeromexico’s Club Premier.

Under the code-share agreement, AeroMexico will add its IATA code to GOL
flights from Sao Paulo to six Brazilian destinations: Rio de Janeiro (RJ -
Galeao and Santos Dumont airports), Belo Horizonte (MG), Porto Alegre (RS),
Curitiba (PR), Brasilia (DF) and Salvador (BA). The Mexican company will
benefit its clients with more flight connection options throughout Brazil,
while representing an additional sales channel, increasing passenger traffic
and load factor for the Brazilian carrier.

Headquartered in Mexico DF, Aeromexico is the only company that offers
daily flights between Sao Paulo (Aeroporto Internacional de Guarulhos) and
Mexico DF, operating Boeing 777 aircraft. AeroMexico Group, with its regional
subsidiaries, operates 600 daily flights and carried more than 10 million
passengers in 2008.

In compliance with standard regulation requirements, GOL will submit the
contract to Agencia Nacional de Aviacao Civil (ANAC), the Brazilian aviation
authority, and to Conselho Administrativo de Defesa Economica (CADE), the
antitrust counsel, for their evaluation before implementing the agreement.

About GOL Linhas Aereas Inteligentes S.A.

GOL Linhas Aereas Inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4), the
largest low-cost and low-fare airline in Latin America, offers around 800
daily flights to 49 destinations that connect all the important cities in
Brazil and ten major destinations in South America. The Company operates a
young, modern fleet of Boeing 737 Next Generation aircraft, the safest and
most comfortable of its class, with high aircraft utilization and efficiency
levels. 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 concerning the
future of the business and its continued access to capital to fund the
Company’s business plan. Such forward-looking statements depend,
substantially, on changes in market conditions, government regulations,
competitive pressures, the performance of the Brazilian economy and the
industry, among other factors and risks disclosed in GOL’s filed disclosure
documents and are, therefore, subject to change without prior notice.

    Investor Relations
    Leonardo Pereira - CFO and IRO
    Rodrigo Alves - Head of IR
    Phone: (55 11) 2128-4700
    E-mail: ri@golnaweb.com.br
    Website: www.voegol.com.br/ir
    Twitter: www.twitter.com/GOLInvest

    Corporate Communications
    Phone: (55 11) 2128-4413
    comcorp@golnaweb.com.br
    Twitter: www.twitter.com/GOLcomunicacao

    Media Relations
    Edelman (U.S. and Europe):
    M. Smith and N. Dean
    Phone: 1 (212) 704-8196 / 704-4484
    meaghan.smith@edelman.com or
    noelle.dean@edelman.com

SOURCE GOL Linhas Aereas Inteligentes S.A.