TAM announces changes in Board of Directors

In a Board of Directors meeting held at TAM’s headquarters in Sao Paulo, resignation letters were received from board members Pedro Pullen Parente and Adalberto de Moraes Schettert. In light of these resignations, Andre Esteves, BTG president, and Marco Antonio Bologna, president of TAM Executive Aviation, are TAM Empreendimentos e Participacoes S/A’s nominations to fill the vacancies on the Board. The nominations will be presented at the Company’s Extraordinary General Assembly August 18, 2009.