TAM Sets New International Market Share Record of 86.8% in March

SAO PAULO - Domestic market share was 49.3%

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

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

Our domestic supply (ASK) increased 16.6% in March compared to the same period last year while our demand decreased 0.4%, resulting in a domestic load factor of 59.1%, remaining above the 58.8% market average, composed of 3.6% demand and 12.2% supply growth. Our domestic market share (RPK) was 49.3% in the period.

In the international market, we registered 9.4% growth in RPK and 26.3% in ASK, compared to March 2008. Our international market share reached 86.8%, representing 17.9 p.p. growth year on year. Our international load factor reached 66.2%, 4.2 p.p. higher than the market average of 62.0%.

Please find below our operating data for March: Operating data Mar-2009 Mar-2008 Var. % Domestic Market ASK (millions) - Supply 3,318 2,845 16.6% RPK (millions) - Demand 1,963 1,971 -0.4% Load Factor 59.1% 69.3% -10.1 p.p. Market share 49.3% 51.3% -2.0 p.p. International Market ASK (millions) - Supply 2,113 1,674 26.3% RPK (millions) - Demand 1,399 1,279 9.4% Load Factor 66.2% 76.4% -10.2 p.p. Market share 86.8% 68.9% 17.9 p.p. Investor Relations: Phone: +55-11-5582-9715 Fax: +55-11-5582-8149 invest@tam.com.br www.tam.com.br/ir Press Agency Contact: MVL Comunicacao Phone: +55-11-3594- 0302 / 0303 / 0304 / 0305 / 0306 equipetam@mvl.com.br TAM Media Relations www.tam.com.br www.taminforma.com.br

About TAM:

TAM (www.tam.com.br) has been the leader in the Brazilian domestic market for more than four years, and held a 49.3% domestic market share and 86.8% international market share at the end of March 2009. TAM operates regular flights to 42 destinations throughout Brazil. It serves 79 different cities in the domestic market through regional alliances. Additionally, it maintains code-share agreements with international airline companies that allow passengers to travel to a large number of destinations throughout the world. TAM was the first Brazilian airline company to launch a loyalty program. Currently, the program has over 5.5 million subscribers and has awarded more than 7.4 million tickets.

Forward-looking statements:

This notice may contain forward-looking statements. These estimates merely reflect the expectations of the Company’s management, and involve risks and uncertainties. The Company is not responsible for investment operations or decisions taken based on information contained in this release. These estimates are subject to changes without prior notice.

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