Captain David Barioni Neto, president of TAM, assumes executive management of Asuncion-based company SAO PAULO, Brazil, April 9 /PRNewswire-FirstCall/ -- TAM (Bovespa: TAMM4 and NYSE: TAM) announced the unification of the management structure of the TAM Linhas Aereas and the Paraguayan company Transportes Aereos Mercosur S.A. (TAM Airlines) in order to strengthen the cohesiveness of the companies making up the TAM Group. Captain David Barioni Neto, president of TAM Linhas Aereas, will take over the executive management of TAM Airlines, adding to his responsibilities as the Board of Directors' chairman of the Paraguayan company. All TAM Airlines operations will now fall under the direct management of the respective vice presidencies of TAM Linhas Aereas. Alberto Fajerman, formerly in charge of the Paraguayan operation, is leaving the company. (Logo: http://www.newscom.com/cgi-bin/prnh/20080221/SPTH002LOGO ) TAM Airlines became the new name of TAM Mercosur in March, in keeping with guidelines for brand repositioning aligned with the group's expansion in the international market. TAM Airlines offers flights from Asuncion to destinations in Argentina (Buenos Aires), Bolivia (Santa Cruz de La Sierra and Cochabamba), Brazil, Chile (Santiago), Paraguay (Ciudad del Este) and Uruguay (Montevideo and Punta del Este). It also provides connections from Cordoba (Argentina) to Brazil via Ciudad del Este. It operates direct flights to Rio de Janeiro and Sao Paulo from Buenos Aires and Asuncion, enabling passengers to make connections to a variety of destinations in South America, Europe and the United States, taking advantage of the extensive aerial network of TAM in Brazil and overseas, as well as code-sharing (sharing of seats) with international carriers. Since September of 2003, the TAM Group has come to acquire 94.98% of the shares of TAM Airlines. The remaining 5.02% are held by the government of Paraguay. Investor Relations: Phone: (55) (11) 5582-9715 Fax: (55) (11) 5582-8149 http://www.tam.com.br/ir Press Agency: Phone: (55) (11) 5582-8167 Fax: (55) (11) 5582-8155 MVL Comunicacao Phone. (11) 3594-0302 / 0304 / 0305 About TAM: TAM (http://www.tam.com.br/) has been the leader in the Brazilian domestic market for more than four years, and closed March 2008 with a 51.4% market share. The company operates flights to 42 Brazilian destinations. It serves 79 different destinations in the Brazilian market through commercial agreements with regional companies. Among Brazilian airline companies, TAM's international market share was 68.9% in March. Its international operations include direct flights to 17 destinations: New York and Miami (USA), Paris (France), London (England), Milan (Italy), Frankfurt (Germany), Madrid (Spain), Buenos Aires and Cordoba (Argentina), Santiago (Chile), Caracas (Venezuela), Montevideo and Punta del Este (Uruguay), Asuncion and Ciudad del Este (Paraguay), and Santa Cruz de la Sierra and Cochabamba (Bolivia). Additionally, it has code share agreements with international airlines, which allow passengers to travel to another 64 destinations in the United States, South America and Europe. TAM was the first airline company to launch a loyalty program in Brazil; TAM's program currently has 4.5 million members and has redeemed more than 5.2 million tickets in exchange for points. http://www.newscom.com/cgi-bin/prnh/20080221/SPTH002LOGO 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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