TAM Sets New International Market Share Record of 88.3% in July

SAO PAULO -

- Domestic market share was 43.2%

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

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

Domestic demand, measured in RPKs, presented a 6.2% growth compared to the same period last year, and a 4.3% increase in domestic supply, measured in ASK. In July, market demand increased 25.7% and market supply increased 15.3%. TAM registered domestic market share (RPK) of 43.2%, a 7.9 p.p. decrease compared to the same period in 2008. Domestic load factor was 71.7%, 1.3 p.p. lower than the market average of 72.9%.

In the international market, TAM registered 9.4% growth in RPK and 19.9% in ASK, compared to July 2008. The company attained market share of 88.3%, representing 15.8 p.p. growth year on year. The company attained 74.4% load factor, 4.1 p.p. higher than the market average of 70.3%.

Please find below our operating data for July:

Operating data Jul-2009 Jul-2008 Var. % Domestic Market ASK (millions) - Supply 3,205 3,074 4.3% RPK (millions) - Demand 2,297 2,164 6.2% Load Factor 71.7% 70.4% 1.3 p.p. Market share 43.2% 51.1% -7.9 p.p. International Market ASK (millions) - Supply 2,183 1,821 19.9% RPK (millions) - Demand 1,623 1,484 9.4% Load Factor 74.4% 81.5% -7.1 p.p. Market share 88.3% 72.5% 15.8 p.p. Operating data Jan-Jul-2009 Jan-Jul-2008 Var. % Domestic Market ASK (millions) - Supply 22,311 20,168 10.6% RPK (millions) - Demand 14,331 14,128 1.4% Load Factor 64.2% 70.1% -5.8 p.p. Market share 47.1% 49.4% -2.4 p.p. International Market ASK (millions) - Supply 14,537 11,860 22.6% RPK (millions) - Demand 10,307 9,037 14.0% Load Factor 70.9% 76.2% -5.3 p.p. Market share 86.4% 70.9% 15.5 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