TAM Announces 4Q08 Results

SAO PAULO - To see full report, access www.tam.com.br/ir

We (BOVESPA: TAMM4, NYSE: TAM), report our fourth quarter results for
2008 (4Q08). Operational and financial data, except where otherwise
indicated, are presented based on amounts consolidated in Reais (R$) and
prepared in accordance with accounting principles generally accepted in
United States (US GAAP) non audited. Additionally, financial statements
summary in accordance with the changes in accounting practices provided by
Law No. 11,638 are made available at the end of this release.

TAM Announces 4Q08 Results Release Schedule and APIMEC

SAO PAULO - TAM S.A. (NYSE: TAM; BOVESPA: TAMM4) will release its results for the
fourth quarter 2008 (4Q08) on March 31, 2009. The information will be
available on the company’s website: www.tam.com.br/ir, and through the CVM
(Comissao de Valores Mobiliarios) and SEC (Securities and Exchange
Commission) before the market opens. The conference calls in Portuguese and
English will be Tuesday, March 31 at 10:00 am and 11:30 am (Eastern Time),
respectively. In addition, TAM will hold meetings with analysts and investors
in Sao Paulo on April 2, 2009.

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