|LATAM Airlines Group informs the beginning of the tender for Guarulhos Airport's slots|
INFORM ABOUT EXCHANGE SLOTS IN GUARULHOS'S AIRPORT IN SAO PAULO1
In compliance with the orders issued by the Administrative Council of Economic Defense of Brazil ("CADE") and the Tribunal de Defensa de la Libre Competencia [Court at Law for Antitrust] of Chile ("TDLC") , LATAM Airlines Group S.A. (hereinafter "LATAM") hereby informs that it will exchange up to four slots for landing and four for takeoff at the Sao Paulo-Guarulhos Governador André Franco Montoro International Airport, located in the city of Guarulhos, State of Sao Paulo, Brazil ("GRU"). The exchange ("Exchange") shall be in accordance with the requirements of the CADE in the Act of Concentration n°08012.009497/2010-84, and the TDLC in Resolution N°37/2011 (both, the "Resolutions"). Notwithstanding the foregoing, LATAM gives special notice of the following relevant issues that the Resolutions set forth in relation to the Exchange:
1This press release is without prejudice to others press releases or other requests for bids that LATAM must perform in concordance with the "Slot Exchange Procedure" approved by the TDLC. Copy of this procedure is available at www.latamairlinesgroup.net.