TAM Has International Market Share of 86.7% in June

SAO PAULO -

- Our domestic market share in June was 44.8%

TAM (NYSE: TAM, BOVESPA: TAMM4) announces its operating data for June 2009, as disclosed by the Brazilian National Civil Aviation Agency (ANAC) today.

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

Our domestic demand, measured in RPKs, presented 0.8% growth compared to the same period last year, and 4.7% increase in domestic supply, measured in ASK. In June, market demand increased 9.4% and market supply increased 11.9%. We registered domestic market share (RPK) of 44.8%, a 3.8 p.p. decrease compared to the same period in 2008. Our domestic load factor was 64.7%, 0.8 p.p. lower than the market average of 65.4%.

In the international market, we registered 18.1% growth in RPK and 25.5% in ASK, compared to June 2008. We attained market share of 86.7%, representing 11.4 p.p. growth year on year. We attained 68.3% load factor, 2.8 p.p. higher than the market average of 65.5%.

Please find below our operating data for June:

Operating data Jun-2009 Jun-2008 Var. % Domestic Market ASK (millions) - Supply 3,050 2,914 4.7% RPK (millions) - Demand 1,972 1,956 0.8% Load Factor 64.7% 67.1% -2.5 p.p. Market share 44.8% 48.6% -3.8 p.p. International Market ASK (millions) - Supply 2,075 1,653 25.5% RPK (millions) - Demand 1,417 1,200 18.1% Load Factor 68.3% 72.6% -4.3 p.p. Market share 86.7% 75.3% 11.4 p.p. Operating data Jan-Jun-2009 Jan-Jun-2008 Var. % Domestic Market ASK (millions) - Supply 19,106 17,094 11.8% RPK (millions) - Demand 12,034 11,964 0.6% Load Factor 63.0% 70.0% -7.0 p.p. Market share 47.9% 49.2% -1.3 p.p. International Market ASK (millions) - Supply 12,354 10,039 23.1% RPK (millions) - Demand 8,684 7,554 15.0% Load Factor 70.3% 75.2% -5.0 p.p. Market share 86.0% 70.6% 15.4 p.p. Operating data 2Q09 2Q08 Var. % Domestic Market ASK (millions) - Supply 9,380 8,627 8.7% RPK (millions) - Demand 5,792 5,945 -2.6% Load Factor 61.7% 68.9% -7.2 p.p. Market share 46.2% 48.3% -2.1 p.p. International Market ASK (millions) - Supply 6,218 4,954 25.5% RPK (millions) - Demand 4,278 3,648 17.3% Load Factor 68.8% 73.6% -4.8 p.p. Market share 86.6% 74.0% 12.6 p.p.

Source: TAM

Libano Miranda Barroso, TAM Investor Relations, +55-11-5582-9715, fax, +55-11-5582-8149, invest at tam.com.br. Photo: NewsCom: https://www.newscom.com/cgi-bin/prnh/20080221/SPTH002LOGO