TAM News

TAM Adheres to the Declaration of 'Business Social Responsibility and Human Rights'

SAO PAULO, Brazil, July 28 PRNewswire-FirstCall — TAM (Bovespa: TAMM4 and NYSE: TAM) has formalized its adherence to the declaration of "Business Social Responsibility and Human Rights" presented at an event sponsored by the Ethos Institute and by the Special Secretary for Human Rights of the Presidency of the Republic this past July 24th, in commemoration of the 60th anniversary of the Universal Declaration of Human Rights of the United Nations (UN). With its adherence, TAM has become the only airline among the first 84 signatory companies of the declaration.

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By formalizing the agreement, the company is declaring its commitment to implement action plans leading to progressive improvement of the indicators of social responsibility that reflect human rights policies, such as: promotion of racial and gender equality in the work place; the eradication of slave labor; inclusion of people with handicaps; and support for the promotion of the rights of children, adolescents and youth.

TAM president Captain David Barioni Neto signed for the company, publicly assuming the commitment to promote the principles upheld by this declaration, which was officially inaugurated at an event that brought together 253 businessmen and 150 representatives of government agencies and non- governmental organizations, in addition to President Luiz Inacio Lula da Silva; Jose Serra, Governor of Sao Paulo state; and the mayor of the city of Sao Paulo, Gilberto Kassab. "TAM's adherence reinforces our sustainability policy and our undertaking to contribute to the social development of this country," Barioni asserted.

In addition to being a signatory of the declaration of "Social Responsibility of Business and Human Rights," TAM is also the first airline in South America to join the list of signatory companies of the Global Compact (http://www.unglobalcompact.org), a worldwide initiative developed by the United Nations (UN).

Investor Relations: Phone: (55) (11) 5582-9715 Fax: (55) (11) 5582-8149 invest@tam.com.br http://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 (http://www.tam.com.br) has been the domestic market leader since July of 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.