SAO PAULO, Brazil, Nov. 28 /PRNewswire-FirstCall/ -- TAM (Bovespa: TAMM4 and NYSE: TAM), in compliance with the provisions in article 12 of Comissao de Valores Mobiliarios ("CVM") Rule 358/02, informs its shareholders and the market in general that Marco Antonio Bologna resigned from Company's CEO position on November 28, to join TAM Empreendimentos e Participacoes S.A. ("TEP")'s holdings, a company belonging to the Company's controlling bloc, as special advisor. Captain David Barioni Neto, former Vice-President of Operations, has been appointed new CEO. Captain Fernando Sporleder Junior has been appointed Vice-President of Operations. (Photo: http://www.newscom.com/cgi-bin/prnh/20060418/SPTU001LOGO ) The changes were approved today by the Board within the succession process initiated March this year by TAM. About TAM: TAM (http://www.tam.com.br/) has been the leader in the Brazilian domestic market for more than four years and held a 46.6% domestic market share and 71.2% international market share at the end of October 2007. TAM operates regular flights to 47 destinations throughout Brazil. It serves 81 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 4.3 million subscribers and has awarded more than 4.7 million tickets. http://www.newscom.com/cgi-bin/prnh/20060418/SPTU001LOGO DATASOURCE: TAM CONTACT: Libano Miranda Barroso, TAM Investor Relations, +011-55-11-5582-9715, fax, +011-55-11-5582-8149, Web site: http://www.tam.com.br/

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