SAO PAULO, Brazil, September 4 /PRNewswire/ --

- Review follows demand growth expectations for coming years

TAM (Bovespa: TAMM4 and NYSE: TAM) announces a review of its fleet plan
for narrow body aircraft starting in 2008 based on new demand growth
expectations in the domestic market.

(Logo: http://www.newscom.com/cgi-bin/prnh/20060418/SPTU001LOGO )

The impact of the fleet plan is reflected in the annual reduction of 5
narrow body Airbus aircraft starting in 2008.

The new fleet plan and a comparison of the current narrow body Airbus
fleet and the one prior to the review are presented in the tables below:

New Fleet Plan
                         2007    2008    2009    2010    2011
    F100                    6       0       0       0       0
    Airbus narrow-body     87      98     101     107     110
    Airbus wide-body       15      16      20      20      20
    MD11                    3       0       0       0       0
    B777                    0       4       4       4       6


                         Airbus Narrow-body
                         2007    2008    2009    2010    2011
    Previous               87     103     106     112     115
    Current                87      98     101     107     110

Regarding the international market, the fleet plan remains unchanged. The
Company maintains strong expansion plans operating direct flights to Europe
(Paris, London and Milan) and USA (Miami and New York). As of November 30,
TAM will begin daily flights to Frankfurt and by December a direct daily
flight to Madrid. In addition to the flights operated with our own aircraft,
we are also implementing the following code-share agreements:

- Since September 1, 2007 with TAP,
    - October 2007 with LAN,
    - November 2007 with United Airlines,
    - December 2007 with Lufthansa.

For 2007, we maintain our guidance released at the end of last year, set
forth in the following table:

Guidance 2007                               1H07
    Market  -- Domestic Market growth 10% - 15%                   12.6%(i)
    TAM     -- Average domestic market share above 50%            49.3%(i)
            -- Average domestic load factor of approximately 70%  72.1%(i)
            -- Average block hours per day higher than 13 hours   12.8
            -- Total CASK ex-fuel reduction in BR GAPP of 7% yoy   9.2%
            -- Opportunity in the international market
            -- Third frequency to Paris                           Since 
                                                                   January
            -- Inauguration of two new international              Milan 
                long haul frequencies                              (March), 
                                                                   Frankfurt 
                                                                   and Madrid 
                                                                   (December)

    (i) Accumulated from January to July 2007

    Investor Relations Contact:            Press Agency Contact:
    Phone: +55-11-5582-9715                Phone: +55-11-5582-8167
    Fax: +55-11-5582-8149                  Fax: +55-11-5582-8155
    invest@tam.com.br                      tamimprensa@tam.com.br
    http://www.tam.com.br/ri

About TAM:

TAM (http://www.tam.com.br) has been the leader in the Brazilian domestic
market since July 2003, and held a 50.6% domestic market share and 64.3%
international market share at the end of July 2007. 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 4.0 million subscribers and has
awarded more than 4.3 million tickets.

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