TAM Sets New International Market Share Record of 89.4%

SAO PAULO -

- Our domestic market share was 43.8%

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

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

In the domestic market, the company has observed the return of business passengers due to the end of vacations as well as the absence of holidays in the month of August. However, the company has seen this return in a modest way, an indication that the industry is still impacted by the global economic crisis. The company’s load factor was 62.8%, a 4.9 p.p. reduction when compared to August last year, mainly composed of an increase in offered capacity of 5.9% and a decrease of 1.7% in demand. Nonetheless, the company’s load factor was above the 62.6% market average. The industry demand and supply grew 21.5% and 20.1%, respectively. The company’s market share (RPK) was 43.8%.

The domestic yield in August presented a recovery when compared to July, however, TAM believes the third quarter’s average will remain stable or slightly below second quarter results, mainly because of the dynamic observed in September.

In the international market, the company has obtained a 16.8% growth in RPK when compared to the same period last year, while the ASK grew 24.5%. TAM’s market share in August reached 89.4% and the load factor was 73.7%, 4.8 p.p. above the market average of 68.9%.

Please find below TAM’s operating data for August:

Operating data Aug. 2009 Aug. 2008 Var. % Domestic Market ASK (millions) - Supply 3,140 2,967 5.9% RPK (millions) - Demand 1,972 2,007 -1.7% Load Factor 62.8% 67.6% -4.9 p.p. Market share 43.8% 54.2% -10.4 p.p. International Market ASK (millions) - Supply 2,131 1,711 24.53% RPK (millions) - Demand 1,570 1,344 16.80% Load Factor 73.7% 78.6% -4.9 p.p. Market share 89.4% 73.9% 15.5 p.p. Operating data Jan-Aug 2009 Jan-Aug 2008 Var. % Domestic Market ASK (millions) - Supply 25,451 23,134 10.0% RPK (millions) - Demand 16,303 16,134 1.0% Load Factor 64.1% 69.7% -5.7 p.p. Market share 46.6% 50.0% -3.3 p.p. International Market ASK (millions) - Supply 16,668 13,571 22.80% RPK (millions) - Demand 11,877 10,382 14.40% Load Factor 71.3% 76.5% -5.2 p.p. Market share 86.7% 71.3% 15.5 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: Media Relations www.tam.com.br www.taminforma.com.br MVL Comunicacao Phone: +55-11-3594-0328 equipetam@mvl.com.br

Source: TAM

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