TAM Expands Its Agreement with LAN Argentina

The partnership will offer more convenience and comfort for passengers

SAO PAULO, December 28 - TAM (NYSE: TAM and Bovespa: TAMM4) and LAN Argentina are expanding the
flight codeshare agreement signed between the companies to offer more
convenience and comfort for passengers who wish to travel between Brazil and
Argentina.

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The partnership now allows TAM to use its own code to sell flights
operated by LAN Argentina to the cities of Bariloche, Comodoro Rivadavia,
Cordoba, Mendoza, Rio Gallegos, Salta and Ushuaia. For its part, LAN
Argentina has the rights to sell TAM flights departing from Sao Paulo and Rio
de Janeiro to different Brazilian destinations. The agreement goes into
effect for flights beginning on January 4, 2010, but passengers can already
buy tickets issued through both companies' reservation systems.

In addition to the destinations mentioned, TAM and LAN Argentina hold a
codeshare agreement for flights between Sao Paulo (Guarulhos) and Buenos
Aires (Ezeiza). The partnership enables passengers to benefit from a
simplification of flight reservations, convenient connections and a single
airline ticket and baggage check until the final destination.

"The expansion of the codeshare agreement with LAN Argentina reinforces
the services synergy that we are developing with the LAN Group in South
America. We hope that this new stage for our partnership further encourages
passenger flow within the continent," states TAM's Vice President of Commerce
and Planning, Paulo Castello Branco.

The operation of flights with compartmentalized code is part of the
agreement signed in 2007 between TAM and LAN Airlines, LAN Peru and LAN
Argentina, with the objective of developing partnerships along the routes
operated by companies within South America.

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

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

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