Tam Issues Clarification Concerning Operations

SAO PAULO, Brazil, Dec. 26 /PRNewswire-FirstCall/ -- TAM S.A. (NYSE: TAM) (BOVESPA: TAMM4) clarifies that its operations have normalized after the occurrences of the past few days. The company's 95 aircraft are flying regularly and ticket sales are normal.

The confirmed delays were the consequence of the following occurrences on December 20:

- Shutting down of Congonhas airport due to weather conditions;

- Maintenance on 6 aircraft during the day, a necessary measure for passenger safety; and

- Successive network interruptions at the international airport in Rio de Janeiro between TAM and Infraero.

The impact of the above-mentioned events lasted for a few days due to the high demand registered at this time of the year. The accumulated load factor for the month of December is 74% in the domestic market and 78% in the international market.

TAM made every effort to minimize the impact on passengers during this time by reinforcing check-in and ground teams at airports, renting aircraft and having other airlines honor TAM tickets.

    Investor Relations Contact:
    Phone: (55) (11) 5582-9715
    Fax: (55) (11) 5582-8149
    invest@tam.com.br
    http://www.tam.com.br/ri

    Press Agency Contact:
    Phone: (55) (11) 5582-8167
    Fax: (55) (11) 5582-8155
    tamimprensa@tam.com.br

    About TAM:

TAM ( http://www.tam.com.br ) has been the leader in the Brazilian domestic market for more than three years, and held a 51.7% domestic market share and 61.2% international market share at the end of November 2006. TAM operates regular flights to 48 destinations throughout Brazil. It serves 74 different cities in the domestic market through regional alliances. Additionally, it maintains code-share agreements with international airline companies that allow passengers to travel to a large number of destinations throughout the world. TAM was the first Brazilian airline company to launch a loyalty program. Currently, the program has over 3.3 million subscribers and has awarded more than 3.6 million tickets.