GOL Announces Traffic Statistics for July 2006

SAO PAULO, Brazil, August 3 /PRNewswire-FirstCall/ — GOL Linhas Aereas Inteligentes (NYSE: GOL; Bovespa: GOLL4), Brazil’s low fare, low cost airline, today released preliminary passenger statistics for the month of July 2006. System-wide passenger traffic (RPK) increased 52%, while capacity (ASK) increased 45% y-o-y. GOL’s system load factor for the month of July 2006 was 84%.

Domestic passenger traffic (RPK) for July increased 44%, and capacity (ASK) increased 37%. GOL’s domestic load factor for the month of July 2006 was 84%. International passenger traffic (RPK) for July increased 197%, while capacity (ASK) increased 205%. International load factor for the month of July 2006 was 82%. Yield per passenger kilometer increased 4% vs. July 2005, while average stage length (passenger trip) increased 12%.

   Operating Data                  July 2006 *     July 2005 *     Change (%)     Total System    ASK (mm) (1)                     1,736.0         1,199.1        44.8 %    RPK (mm) (2)                     1,459.2           958.1        52.3 %    Load Factor (3)                     84.1 %          79.9 %      +4.2 p.p.    Domestic Market    ASK (mm) (1)                     1,557.2         1,140.5        36.5 %    RPK (mm) (2)                     1,312.3           908.6        44.4 %    Load Factor (3)                     84.3 %          79.7 %      +4.6 p.p.    International Market    ASK (mm) (1)                       178.8            58.6       205.1 %    RPK (mm) (2)                       146.9            49.5       196.8 %    Load Factor (3)                    82.2 %          84.5 %      -2.3 p.p.     (*)  July 2006 – preliminary data; final data for July 2005.    (1) Available seat kilometers represents the aircraft seating capacity       multiplied by the number of kilometers the seats are flown.   (2) Revenue passenger kilometers represents the numbers of kilometers       flown by revenue passengers.   (3) Load factor represents the percentage of aircraft seating capacity       that is actually utilized (calculated by dividing revenue passenger       kilometers by available seat kilometers).    About GOL Linhas Aereas Inteligentes  

GOL Linhas Aereas Inteligentes, a “low-cost, low-fare” airline, is one of the most profitable and fastest growing airlines in the industry worldwide. GOL growth plans include increasing frequencies in existing markets and adding service to additional markets in both Brazil and other high-traffic South American travel destinations. GOL shares are listed on the NYSE and the Bovespa. GOL: here everyone can fly!

GOL Linhas Aereas Inteligentes

CONTACT: GOL Linhas Aereas Inteligentes S.A., +5511-3169-6800,ri@golnaweb.com.br; or for Brazil & Latin America, R. Corbioli of MVLComunicacao for GOL Linhas Aereas Inteligentes, +5511-3049-0343 or+5511-3049-0342, roberta.corbioli@mvl.com.br; or for U.S. & Europe, G.Juncadella, +1-212-704-4448, gabriela.juncadella@edelman.com, or M. Smith,+1-212-704-8196, meaghan.smith@edelman.com, both of Edelman for GOL LinhasAereas Inteligentes

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