TAM Awarded Latin America Best 2007 Deal

SAO PAULO, Brazil, April 28 /PRNewswire/ — - Airfinance Journal recognizes success of company’s senior guaranteed notes issue in April last year TAM (Bovespa: TAMM4 and NYSE: TAM) has been recognized with the LatinAmerica Best 2007 Deal award by Airfinance Journal for its bond issued abroadin April of last year. The company issued senior guaranteed notes at 7.375%,with a total value of US$ 300 million, expiring in 2017. (Logo: http://www.newscom.com/cgi-bin/prnh/20080221/SPTH002LOGO ) The funds would be used to finance the upgrading and expansion of thecompany’s operational fleet, with the remaining amount to be used for generalcorporate proposals. In its ninth edition, the “Deal of the Year” awardrecognizes the most important business deals made throughout the year thatcombine innovation, creativity, structural ability and good execution. The award was given to TAM’s director of International Contracts, JoseZaidan Maluf, at a ceremony held Monday, April 21, in the Rainbow Room of theRockefeller Center in New York. “The bond offer we made in 2007 has hadexcellent results and demonstrated investors’ interest in the company. Theaward given by Airfinance Journal is in recognition of the operation’ssuccess,” said Libano Barroso, vice president of Finance and Management anddirector of Investor Relations. Airfinance Journal is one of the foremost business publications offeredby the worldwide commercial aviation industry. Investor Relations: Press Agency: Phone: 55-11-5582-9715 Phone: 55-11-5582-8167 Fax: 55-11-5582-8149 Fax: 55-11-5582-8155 invest@tam.com.br tamimprensa@tam.com.br www.tam.com.br/ir MVL Comunicacao Phone. 55-11-3594-0302 / 0304 / 0305 About TAM: TAM (http://www.tam.com.br) has been the leader in the Brazilian domesticmarket for more than four years and closed March 2008 with a 51.4% marketshare. The company operates flights to 42 Brazilian destinations. It serves79 different destinations in the Brazilian market through commercialagreements with regional companies. Among Brazilian airline companies, TAM’sinternational market share was 68.9% in March. Its international operationsinclude 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 delEste (Paraguay), and Santa Cruz de la Sierra and Cochabamba (Bolivia).Additionally, it has code share agreements with international airlines, whichallow passengers to travel to another 64 destinations in the United States,South America and Europe. TAM was the first airline company to launch aloyalty program in Brazil; TAM’s program currently has 4.5 million membersand has redeemed more than 5.2 million tickets in exchange for points. Web site: http://www.tam.com.brTAM