TAM Updates Ex-dividend Date.

PR Newswire Europe, March, 2008

SAO PAULO, Brazil, March 31 /PRNewswire/ --

TAM S.A. (BOVESPA: TAMM4, NYSE: TAM) announces the supplementary dividends payment of R$ 0.23 and interest on stockholder's capital of R$ 0.21 per share to all shareholders. The calculation was based on the profits from year 2007 as verified in the financial statements.

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

The payment schedule is as follows:

Date of Credit

All stockholders of record with the company on March 31, 2008, will be entitled to receive approved dividends and interest.

Ex-dividend Date

The transactions carried out on the Sao Paulo Stock Exchange (BOVESPA) and New York Stock Exchange (NYSE) as of, and including, April...

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