GOL Begins Ticket Sales to Asuncion Paraguay

SAO PAULO, Brazil, Dec. 6 /PRNewswire-FirstCall/ — GOL Linhas Aereas Inteligentes (NYSE:GOL) (NYSE:and) (NYSE:Bovespa:) (NYSE:GOLL4) , Brazil’s low fare, low cost airline, this week begins ticket sales to Asuncion, Paraguay, an additional international destination. GOL will offer flights departing four times a week from Guarulhos Airport in Sao Paulo State (SP).

Paraguay, which has a population of six million, is the fifth most frequented destination by Brazilians flying to neighboring countries. In 2003, approximately 144 million passengers traveled between Brazil and Paraguay. A member of Mercosur, Paraguay has a strong agricultural industry, particularly in the cultivation of soy, and in the export of energy from bi-national hydro-electrical plants in Itaipu and Yacireta. “Asuncion is an important destination for GOL given Paraguay’s strong ties with Brazil and the significant demand for flights that exist between the two countries”, said Tarcisio Gargioni, Vice President of Marketing and Services at GOL.

Tickets can now be purchased at http://www.voegol.com.br/

Sources: IMF World Economic Outlook April 2004, Population Reference Bureau: 2004, World Population Data Sheet; Passengers: DAC.

About GOL Linhas Aereas Inteligentes

GOL Linhas Aereas Inteligentes, a low cost, low fare airline, is one of the most profitable and fastest growing airlines in the industry worldwide. GOL operates a simplified fleet with a single class of service. It also has one of the youngest and most modern fleets in the industry that results in low maintenance, fuel and training costs, with high aircraft utilization and efficiency ratios. In addition, safe and reliable services, which stimulate GOL’s brand recognition and customer satisfaction, allow GOL to have the best value proposition in the market. GOL currently offers over 410 daily flights to 45 major business and travel destinations in Brazil, Argentina and Bolivia.

For more information, flight times and fares, please access our site at http://www.voegol.com.br/ or call:

0300-789-2121 in Brazil
0810-266-3131 in Argentina
800-1001 21 in Bolivia
009 800 55 1 0007 in Paraguay
55 11 2125-3200 in other countries

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