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GOL Announces New Chief Executive Officer

Translations:

English

SAO PAULO, June 18, 2012 /PRNewswire/ -- GOL Linhas Aereas Inteligentes S.A. (BM&FBovespa: GOLL4 and NYSE: GOL), (S&P: B+, Fitch: B+, Moody's: B3), the largest low-fare, low-cost airline in Latin America, hereby announces, pursuant to CVM Instruction 358, as amended, that in a Board of Director's Meeting held on this date, Paulo Sergio Kakinoff was elected as the new Company's Chief Executive Officer (CEO). Paulo Sergio Kakinoff will be invested in the new position as the CEO as of July 2, 2012. The position is currently occupied by Constantino de Oliveira Junior .

To access the document, please visit our website: www.voegol.com.br/ir

Contact
Investor Relations
Leonardo Pereira – Vice-President and CFO
Edmar Lopes – Finance and IR Officer
Gustavo Mendes – Investor Relations
Ricardo Rocca – Investor Relations

Phone.: (11) 2128-4700
E-mail: ri@golnaweb.com.br
Website: www.voegol.com.br/ri
Twitter: @GOLinvest

Corporate Communications
Phone.: (11) 2128-4413
E-mail: comcorp@golnaweb.com.br
Twitter :@GOLcomunicacao

Media Relations

Edelman (USA and Europe):
Meaghan Smith and Robby Corrado
Phone.: +1 (212) 704-8196 / 704-4484
E-mail: meaghan.smith@edelman.com
robert.corrado@edelman.com