GOL Announces Distribution of Dividends

SAO PAULO, April 27, 2011 /PRNewswire/ -- GOL Linhas Aereas Inteligentes S.A. (BM&FBovespa: GOLL4 andNYSE: GOL), (S&P/Fitch: BB-/BB-, Moody's: Ba3), the largest low-cost and low-fare airline in Latin America, communicates to the shareholders that the General Shareholders' Meeting, at a session held on April 27, 2011, approved the payment of dividends to the shareholders in connection with the profits earned in fiscal year 2010, as follows:

Dividends Payment

1. Amount of Dividends: R$ 50,871,877.16 (fifty million, eight hundred and seventy-one thousand, eight hundred and seventy-seven reais and sixteen cents), corresponding to R$ 0.18814478 per common and preferred share.

2. Ex-right Date: The shares shall be traded at the Sao Paulo Stock Exchange (BOVESPA) and at the New York Stock Exchange (NYSE), ex-right to the dividends, beginning on and including May 5, 2011.

3. Dividends Payment: The dividends shall be paid to the shareholders on June 22, 2011.

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

Contact
Investor Relations
Leonardo Pereira – CFO
Rodrigo Alves - Planning Officer
Raquel Kim - Investor Relations
Gustavo Mendes - Investor Relations
Phone.: (55 11) 2128-4700
E-mail: [email protected]
Website: www.voegol.com.br/ir
Twitter: www.twitter.com/GOLinvest

Corporate Communications
Phone.: (55 11) 2128-4413
E-mail: [email protected]
Twitter: www.twitter.com/GOLcomunicacao

Media Relations
Edelman (USA and Europe):
Meaghan Smith and Robby Corrado
Phone.: +1 (212) 704-8196 / 704-4590
E-mail: [email protected]
or [email protected]

SOURCE GOL Linhas Aereas Inteligentes S.A.