TAM S.A. News

TAM Announces 2Q08 Results Release Schedule

SAO PAULO, July 18 PRNewswire-FirstCall — TAM S.A. (BOVESPA: TAMM4; NYSE:TAM) will release its results for the second quarter 2008 (2Q08) on August 14, 2008. The information will be available on the company's website: www.tam.com.br/ir, and through the CVM (Comissao de Valores Mobiliarios) and SEC (Securities and Exchange Commission) before the market open. The conference calls in Portuguese and English will be Thursday, August 14 at 9:00 am and 10:30 am (Eastern Time), respectively. In addition, TAM will hold a meeting with analysts and investors in Sao Paulo. More information to be provided later.

Conference Calls Portuguese August 14, 2008 10:00 am (Brazil time) 9:00 am (EDT) Phone: +55 (11) 2188-0188 Password: TAM Replay: +55 (11) 2188-0188 Available from 08/14/2008 until 08/21/2008 Code: TAM English August 14, 2008 11:30 am (Brazil time) 10:30 am (EDT) Phone: +1 (973) 935-8893 Password: 56769732 Replay: +1 (706) 645-9291 Available from 08/14/2008 until 08/21/2008 Code: 56769732 Investor Relations: Phone: (55) (11) 5582-9715 Fax: (55) (11) 5582-8149 invest@tam.com.br www.tam.com.br/ir Press Agency Contact: Phone: (55) (11) 5582-8167 Fax: (55) (11) 5582-8155 tamimprensa@tam.com.br MVL Comunicacao Phone: (55) (11) 3594-0302 / 0304 / 0305

About TAM:

TAM (www.tam.com.br) has been the domestic market leader since July 2003, and closed June 2008 with 48.6% 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 75.3% in June. Operations abroad include TAM flights to 15 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 Cordoba (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.