GOLLOG Celebrates 11 years of Operations

by Opening New Cargo Terminal

São Paulo, February 1^st , 2012 – GOL Linhas Aéreas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL),(S&P/Fitch: BB-/BB-,Moody’s: B1), the largest low-cost and low-fare airline in Latin America, announces the opening of its new cargo terminal at Guarulhos airport.

GOL was one of the first airlines in the world to operate under a low-cost platform and offer an air cargo transport service. For the last 11 years, GOLLOG, GOL's cargo transport division, has been innovating and providing its clients with increasingly rapid, punctual, and secure services.

GOLLOG’s last two years were marked by substantial investments. In 2010, it built a new cargo terminal at Congonhas airport, more than doubling its cargo storage and handling capacity. In 2011, it received its largest ever investment, totaling R$11 million, to build a new cargo terminal at Guarulhos, which will begin operations on February 1^st. “In addition to investments in infrastructure, we will also be acquiring more technology, with additional shipment monitoring tools, as well as focusing on operational automation,” declared Carlos Figueiredo, head of GOL’s cargo division.

The new logistics terminal is three times larger than the previous one, with a built-up operational area of around 5,000 square meters on a 10,000-square-meter site. The building’s layout was specially designed to ensure a handling capacity of around 150 tonnes/day, almost four times more than before.

The new terminal is part of GOL’s strategy of increasing GOLLOG’s competitiveness, in addition to ensuring greater comfort, safety and flexibility in the services provided by the Company. It has 13 customer service stations and 16 weighing machines, eight for large volumes and eight exclusively for express deliveries. The building also has a large parking lot and a maneuvering area for trucks of different sizes, which speeds up cargo delivery even further, in addition to an exclusive entrance for express deliveries and light vehicles. “The goal is to improve performance in regard to sorting, handling and customer service,” Figueiredo added.

GOLLOG currently has more than 100 franchises and is present in 3,500 Brazilian municipalities. Since it began operations, on January 30, 2001, GOLLOG has transported over 450,000 tonnes of cargo. Its contribution to GOL’s revenue has increased substantially, with cargo revenue moving up by 18% on YTD basis.

Approximately three years ago, GOLLOG entered the express delivery market. With a comprehensive service portfolio, the segment already accounts for around 23% of the cargo division’s revenue. The products – GOLLOG VOO CERTO, GOLLOG EXPRESS, GOLLOG DEZ HORAS and GOLLOG DOC – were developed to meet growing demand for door-to-door deliveries, defined deadlines and differentiated optional services. In 2012, the Company intends to tap into a new segment, e-commerce. According to Figueiredo, investments in infrastructure and technology will be needed in order to meet new demand and understand the profile of the new consumers. “The changes in the economic and social scenario have posed new challenges for cargo transport. We need to understand this new reality and create intelligent alternatives by making use of digital media.”