TAM Announces Approval for Payment of Dividends and Interest on Stockholder's Capital.

PR Newswire Europe, March, 2008

SAO PAULO, Brazil, March 29 /PRNewswire/ --

TAM S.A. (BOVESPA: TAMM4, NYSE: TAM) announces to shareholders that its Board of Directors, at a meeting held on March 28, 2008, approved the financial statements, related to the year ended on December 31, 2007. It has also approved the supplementary dividends payment of R$ 0.23 and interest on stockholder's capital of R$ 0.21 per share to all shareholders. Calculation was based on the profits referring to the year 2007 verified in the financial statements. The calendar for payment is as follows:

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Date of Credit

All stockholders subscribed in the registers of the company on March 28, 2008 will be entitled to receive dividends...

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