Continental Airlines to Sell GOL's Tickets for Travel in Brazil and South America

June 12, 2007

SAO PAULO, Brazil, June 11 /PRNewswire-FirstCall/ -- GOL Linhas Aereas Inteligentes (NYSE: GOL and Bovespa: GOLL4), Brazil's low-cost, low-fare airline, announces an agreement with Continental Airlines whereby passengers flying with Continental will be able to purchase tickets on all routes served by GOL for connections in Brazil and South America.

While the partnership covers all routes served by both airlines, only Continental will be able to sell tickets on GOL flights. "This agreement will open a new market for us, especially in the United States. Our partner, Continental, is one of the world's top five airlines and we're proud that this agreement will allow Continental's passengers to also enjoy the benefits of low-cost, low-fare and high quality travel provided by GOL," says Tarcisio Gargioni, GOL's Vice-President of Marketing and Services.

Please visit our website: www.voegol.com.br/ir for full report.

About GOL Linhas Aereas Inteligentes S.A. Group

GOL Linhas Aereas Inteligentes S.A. (GLAI) is the parent company of low cost airlines GOL Transportes Aereos S.A. ("GTA", which operates the GOL brand) and VRG Linhas Aereas S.A. ("VRG", which operates the VARIG brand). GTA and VRG offer daily flights to more destinations in Brazil than any other domestic airline while providing customers with the most convenient flight schedules in the country. The airlines operate a young, modern fleet of Boeing aircraft, the safest and most comfortable aircraft of its class, with low maintenance, fuel and training costs, and high aircraft utilization and efficiency ratios. In addition to safe and reliable services, which stimulate brand recognition and customer satisfaction, the Company's service is recognized as the best value proposition in the market. Growth plans include increasing frequencies in existing markets and adding service to additional markets in both Brazil and other high-traffic travel destinations. Shares are listed on the NYSE (GOL) and the Bovespa (GOLL4) stock exchanges.

SOURCE GOL Linhas Aereas Inteligentes S.A. Group

CONTACT: Investor Relations, (5511) 3169 6800, [email protected], or Corporate Communications, (5511) 3169 6967, [email protected], both of GOL Linhas Aereas Inteligentes S.A. Group; Media in Brazil & Latin America, D. Barbara, (5511) 3049-0349, [email protected], or E. Oliveira, (5511) 3049-0341, [email protected], both of MVL Comunicacao; Media in U.S. & Europe, G. Juncadella, +1-212-704-4448, [email protected], or M. Smith, or +1-212-704-8196, [email protected], both of Edelman