TAM Linhas Aereas S/A makes first public bond issuance

TAM informs that its wholly owned subsidiary TAM Linhas Aereas S.A. will make its first public issuance, which by restriction will only be directed to qualified investors, in compliance with the Brazilian Securities Commission’s Instruction N. 476, from January 16, 2009, consisting of 600 regular bonds, not convertible into shares, in a single series, in cash with a real guarantee, with a unitary par value of R$1,000,000.00, for a total amount of R$600,000,000.00, on July 24, 2009 and which will expire July 24, 2013.