SAO PAULO, Brazil, March 31 /PRNewswire-FirstCall/ — 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.
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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 1, 2008, will be ex-dividends and interest.
Payment of Dividends and Interest on Stockholder’s Capital
The supplementary dividends and interest on stockholder’s capital will be paid to stockholders on April 15, 2007.
More information on the dividend policy can be found at TAM’s website:
Investor Relations Contact:
Phone: (55) (11) 5582-9715
Fax: (55) (11) 5582-8149

Press Agency Contact:
Phone: (55) (11) 5582-8167
Fax: (55) (11) 5582-8155

MVL Comunicacao
Phone: (55) (11) 3594-0302 / 0304 / 0305

About TAM:

TAM ( ) has been the leader in the Brazilian domestic market for more than three years and held a 50.6ACIORFIPROCENTE domestic market share and 67.3ACIORFIPROCENTE international market share at the end of February 2008. TAM operates regular flights to 42 destinations throughout Brazil. It serves 79 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 4.5 million subscribers and has awarded more than 5.2 million tickets.

TAM