Shareholders Meeting

By a resolution of the board of Lan Airlines S.A. dated November 11, 2011, an Extraordinary Shareholders’ Meeting has been called, to be held on December 21, 2011, at 11:00am, at Club El Golf 50, avenida El Golf 50, Las Condes, Santiago, Chile. For the purposes of this meeting, and in conformity with Article 59 of Law 18,046, the Corporate Law, the following documents are made available:

Documents, Shareholders Meeting. 12-21-2011
I. Agenda of the Extraordinary General Shareholders Meeting for December 21, 2011
II. Letter from the CEO of LAN Airlines S.A.
III. Preliminary Form F-4 presented by LAN Airlines S.A. and Holdco II S.A. to the SEC (subject to disclaimers contained in the document)
IV. Agreements attached as Exhibits to the Preliminary Form F-4
1.- Implementation Agreement dated January 18, 2011
2.- Exchange Offer Agreement dated January 18, 2011
V. Forms of Shareholders' Agreements (attached to the Implementation Agreement)
1.- TAM Shareholders Agreement
2.- Holdco I Shareholders Agreement
3.- LATAM/TEP Shareholders Agreement
4.- Control Group Shareholders Agreement
VI. Free translation of the expert report on the merger by absorption into LAN Airlines S.A. of Sister Holdco S.A. and Holdco II S.A. issued by Mr. Enrique Cid
Appendix 2. Audited Financial Statements of LAN Airlines S.A. at September 30, 2011
Appendix 3. Audited Financial Statements of Sister Holdco S.A. at September 30, 2011
Appendix 4. Audited Financial Statements of Holdco II S.A. at September 30, 2011
Appendix 5. Audited Financial Statements of TAM S.A. at September 30, 2011
VII. JP Morgan Fairness Opinion
1.- JP Morgan Fairness Opinion, January 2011
2.- JP Morgan Fairness Opinion, November 2011
VIII. Investor Presentation
IX. Q&A related to the merger between LAN and TAM
X. Free translation of Bradesco BBI's valuation report of LAN Airlines S.A. and TAM S.A. according to CVM Instruction Number 361
XI. Extraordinary General Shareholders Meeting Presentation

For further information, please visit our website at http://www.latamairlines.com/