TAM Board of Directors Elects New Members

SAO PAULO, Brazil, April 30 /PRNewswire/ --

- Marcos Amaro and Alexandre Silva to assume duties as board members;

- Maria Claudia Amaro and Mauricio Rolim Amaro re-elected as President and Vice President, respectively

An Ordinary General Assembly (OGA) held today at the TAM headquarters (Bovespa: TAMM4 and NYSE: TAM) in Sao Paulo, elected shareholder Marcos Adolfo Tadeu Senamo Amaro and former CEO of General Electric in Brazil, Alexandre Goncalves Silva, as new members of the Board of Directors. In addition to Alexandre Silva, Adalberto de Moraes Schettert, Luiz Antonio Correa Nunes Viana Oliveira, Pedro Parente and Waldemar Verdi Junior were re- elected as independent board members.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080221/SPTH002LOGO )

Maria Claudia Oliveira Amaro remains as President of the Board, and Mauricio Rolim Amaro as Vice President, positions that the two have occupied since April of last year. Noemy Almeida Oliveira Amaro and Roger Ian Wright are vacating their seats on the Board. The other board members -- Luiz Antonio Correa Nunes Viana Oliveira, Pedro Parente and Waldemar Verdi Junior -- were re-elected by the OGA.

With these changes, the controlling shareholders are reaffirming to the market and to investors that they are actually part of the business and they are working for the future of the company. The election of the independent members to sit on the Board also demonstrates the commitment to high ethical standards and good corporate governance practices, in addition to sustaining the company's continual process of professionalization.

Name Title Member Since Maria Claudia Oliveira Amaro Demenato President Sept. 18, 2003 Mauricio Rolim Amaro Vice President Dec. 20, 2004 Luiz Antonio Correa Nunes Viana Oliveira Independent Board Member June 27, 2003 Adalberto de Moraes Schettert Independent Board Member Aug. 31, 2005 Waldemar Verdi Junior Independent Board Member Jan. 23, 2006 Pedro Pullen Parente Independent Board Member April 27, 2007 Marcos Adolfo Tadeu Senamo Amaro Board Member April 30, 2008 Alexandre Goncalves Silva Independent Board Member April 30, 2008

Beyond the changes in the Board of Directors, the OGA approved the financial statements for 2007, as well as the allocation of the results.

Investor Relations: Phone: +55-11-5582-9715 Fax: +55-11-5582-8149 invest@tam.com.br http://www.tam.com.br/ir Press Agency: 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 leader in the Brazilian domestic market for more than four years and closed March 2008 with a 51.4% market share. The company operates flights to 42 Brazilian destinations. It serves 79 different destinations in the Brazilian market through commercial agreements with regional companies. Among Brazilian airline companies, TAM's international market share was 68.9% in March. Its international operations include 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 del Este (Paraguay), and Santa Cruz de la Sierra and Cochabamba (Bolivia). Additionally, it has code share agreements with international airlines, which allow passengers to travel to another 64 destinations in the United States, South America and Europe. TAM was the first airline company to launch a loyalty program in Brazil; TAM's program currently has 4.5 million members and has redeemed more than 5.2 million tickets in exchange for points.

Web site: http://www.tam.com.br