TAM Surpasses Estimates of Expansion into the International Market

Company to initiate a total of five international flights

SAO PAULO, Brazil, Aug. 27 /PRNewswire-FirstCall/ -- TAM
(Bovespa: TAMM4 and NYSE: TAM) is announcing an international market growth
plan that surpasses estimates announced to the market at the end of 2007.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080221/SPTH002LOGO )
In South America, in addition to the direct flight between Brasilia and
Buenos Aires already in operation, TAM will initiate a flight between Sao
Paulo and Lima (Peru) before the end of the year. For long distance routes, we
have already announced the start of flight service between Rio de Janeiro and
Miami, departing from Belo Horizonte starting on September 19.
Before the end of the year, we will be initiating two flights that are now
in the final phase of approval before ANAC. Daily flights between:
-- Rio de Janeiro and New York, and
-- Sao Paulo and Orlando
To sustain our plan for international growth, we are adding two Boeing
767-300 aircraft to our fleet plan. With this we will finish 2008 with 125
aircraft, as indicated in the following table:
2008 2009 2010 2011 2012
B777 4 4 4 4 8
B767 4 4 4 4 4
Airbus wide-body 16 18 20 22 22
Airbus narrow-body 101 104 110 113 115
Total Fleet 125 130 138 143 143

In this way, we will be surpassing the estimates previously announced to
the market, maintaining our strategy of selective growth in the international
market and serving the main destinations sought by Brazilians. This growth is
a response to the opportunity currently available to Brazilian companies that
fly to international destinations.
About TAM:
TAM (www.tam.com.br) has been the domestic market leader since July of
2003, and closed July 2008 with 51.1% of market share. The company flies to 42
destinations in Brazil. Through business agreements signed with regional
companies, it reaches 79 different destinations in Brazil. TAM's market share
among Brazilian companies that operate international flights stood at 72.5% in
July. Operations abroad include TAM flights to 16 destinations in the United
States, Europe and South America: New York and Miami (USA), Paris (France),
London (England), Milan (Italy), Frankfurt (Germany), Madrid (Spain), Buenos
Aires and Bariloche (Argentina), Santa Cruz de la Sierra (Bolivia), Santiago
(Chile), Asuncion and Ciudad del Este (Paraguay), Montevideo (Uruguay), and
Caracas (Venezuela). It has code-share agreements that make possible the
sharing of seats on flights with international airlines, enabling passengers
to travel to 64 other destinations in the U.S., Europe and South America.
SOURCE TAM

Libano Miranda Barroso, TAM Investor Relations, +011-55-11-5582-9715, fax,
+011-55-11-5582-8149, invest@tam.com.br