GOL Announces Traffic Statistics for July 2007

SAO PAULO, Brazil, Aug. 3 /PRNewswire-FirstCall/ -- GOL Linhas Aereas Inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4), the parent company of Brazil's low-cost airlines GOL Transportes Aereos S.A. ("GTA", that operates the GOL brand) and VRG Linhas Aereas S.A. ("VRG", that operates the VARIG brand), today released preliminary passenger statistics for the month of July 2007. In the domestic market, GOL's consolidated load factor for the month was 69% and in the international market, GOL's consolidated load factor was 67%. GOL's total consolidated load factor for July was 68%.

GTA's domestic passenger traffic (RPK) for July 2007 increased 11% and capacity (ASK) increased 33% year-over-year. Domestic load factor for the month was 71%. International passenger traffic (RPK) for July increased 78% and capacity (ASK) increased 101%. GTA's international load factor for July was 73%. Total passenger traffic (RPK) increased 18% and capacity (ASK) increased 40% year-over-year. GTA's total load factor for July was 71%. Average fares were reduced approximately 10% versus July 2006.

    VRG's domestic passenger traffic (RPK) for July 2007 was 108 million and
capacity (ASK) was 202 million. Domestic load factor for the month of July
2007 was 53%.  International passenger traffic (RPK) for July 2007 was 236
million and capacity (ASK) was 388 million. VRG's international load factor
for the month was 61%.  VRG's total load factor in June 2007 was 58%.

                                      GTA                     VRG

    Operating Data        July       July       Change(%)    July
                          2007*      2006*                   2007*
    Total System
    ASK (mm)             2,423.7   1,736.0        39.6%      589.6
    RPK (mm)             1,719.0   1,459.2        17.8%      343.5
    Load Factor           70.9%      84.1%    -13.2 p.p.     58.3%

    Domestic Market
    ASK (mm)             2,064.6   1,557.2        32.6%      202.1
    RPK (mm)             1,457.5   1,312.3        11.1%      107.9
    Load Factor           70.6%      84.3%    -13.7 p.p.     53.4%

    International Market
    ASK (mm)               359.1     178.8       100.8%      387.5
    RPK (mm)               261.5     146.9        78.0%      235.6
    Load Factor           72.8%      82.2%     -9.4 p.p.     60.8%

    (*) July 2007-preliminary data; final data for July 2006.

    Investor Relations
    Ph: (5511) 3169 6800
    E-mail: ri@golnaweb.com.br
    Site: www.voegol.com.br/ir