Change in TAM's Board of Directors

SAO PAULO, November 20 - TAM (NYSE: TAM; BOVESPA: TAMM4) in an Extraordinary General Shareholders'
Meeting held today, accepted the resignation of Flavia Turci and approved
Emilio Romano's election as the new Member of TAM's Board.

(Logo: www.newscom.com/cgi-bin/prnh/20080221/SPTH002LOGO )

Emilio Romano is currently the President & CEO of Grupo Puerta Alameda
(GPA), a Mexican real estate development company, and was the CEO of Grupo
Mexicana de Aviacion between 2004 and 2007.

Maria Claudia Oliveira Amaro will remain President of the Board, with
Mauricio Rolim Amaro as Vice President, positions that both have held since
April 2007.

    Investor Relations:
    Phone: +55-11-5582-9715
    Fax: +55-11-5582-8149
    invest@tam.com.br
    www.tam.com.br/ir

    Media Relations:
    www.tam.com.br
    www.taminforma.com.br
    MVL Comunicacao
    Phone: +55-11-3594-0328
    equipetam@mvl.com.br

About TAM (www.tam.com.br):

TAM has been the leader in the Brazilian domestic market for more than
four years, and held a 44.6% domestic market share and 86.8% international
market share at the end of October 2009. TAM operates regular flights to 42
destinations throughout Brazil. It serves 79 different cities in the domestic
market through regional alliances. Operations abroad include flights to 17
destinations in the United States, Europe and South America: New York , Miami
and Orlando (USA), Paris (France), London (England), Milan (Italy), Frankfurt
(Germany), Madrid (Spain), Buenos Aires (Argentina), Cochabamba and Santa
Cruz de la Sierra (Bolivia), Santiago (Chile), Asuncion and Ciudad del Este
(Paraguay), Montevideo (Uruguay), Caracas (Venezuela) and Lima (Peru). TAM
has code-share agreements that allow the sharing of seats on flights with
international airlines, enabling passengers to travel to 64 other
destinations in the U.S., Europe and South America. TAM was the first
Brazilian airline company to launch a loyalty program. Currently, the program
has over 6.1 million subscribers and has awarded more than 8.5 million
tickets.

Libano Miranda Barroso, TAM Investor Relations,+55-11-5582-9715, fax, +55-11-5582-8149, invest at tam.com.br