Libano Barroso leaves position as CFO of LATAM Airlines Group

2012-08-04 00:55:32 -
Santiago,  August 3, 2012 - LATAM Airlines Group S.A. ("LATAM Airlines Group" or
the  "Company") (NYSE: LFL / IPSA: LAN / Bovespa: LATM11), the leading passenger
and  cargo airline group in Latin America,  announces that as of today Mr.Libano
Barroso  has  left  his  position  as  Chief Financial Officer of LATAM Airlines
Group.  Mr. Barroso will remain as Vicepresident of TAM S.A., advising the Chief
Executive Officer of TAM S.A., Mr. Marco Bologna.

Mr.  Alejandro de la Fuente will become interim CFO of LATAM Airlines Group. Mr.
De  la Fuente has been CFO of LAN  Airlines since 1995, position in which he has
been responsible for corporate financing, treasury, accounting, tax planning and
investor relations, among 
  
    
      
        

	    
  
  others.



About LATAM Airlines Group S.A

LATAM  Airlines Group  S.A. is  the new  name given  to LATAM Airlines S.A. as a
result  of its association with TAM S.A.  LATAM Airlines Group S.A. now includes
LATAM  Airlines and its affiliates in Peru, Argentina, Colombia and Ecuador, and
LATAM  Cargo and its  affiliates, as well  as TAM S.A.  and its subsidiaries TAM
LinhasAereas  S.A.,  including  its  business  units  TAM  TransportesAereos del
Mercosur  S.A.,  TAM  Airlines  (Paraguay)  and  Multiplus S.A. This association
creates  one of  the largest  airline groups  in the  world in  terms of network
connections, providing passenger transport services to about 150 destinations in
22 countries  and cargo services to about 169 destinations in 27 countries, with
a  fleet of  311 aircraft. In  total, LATAM  Airlines Group  S.A. has  more than
52,000 employees  and its shares are  traded in Santiago, as  well as on the New
York  Stock Exchange, in the form of ADRs,  and Sao Paulo Stock Exchange, in the
form of BDRs.

Each airline will continue to operate under their current brands and identities.
For  any inquiry of LATAM or  TAM, please visit www.LATAM.com or www.tam.com.br,
respectively. Further information at www.latamairlinesgroup.net
  

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