GOL Announces Material Fact

                         GOL Announces Material Fact

PR Newswire

SAO PAULO, July 19, 2012

SAO PAULO, July 19, 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-cost, low-far airline in Latin America, in accordance with the
provisions of Instruction 358/2002 of the Brazilian Securities and Exchange
Commission ("CVM"), hereby notifies its shareholders and the market in general
that on July 17, 2012, Leonardo Porciuncula Gomes Pereira, Vice-President of
Finance and Strategy and Investor Relations was indicated by Finance Minister
Guido Mantega to become the new President of the CVM. The indication of
Leonardo Gomes Pereira, who is an economist and engineer, will be referred for
approval by the Senate.

Due to this nomination, Leonardo Porciuncula Gomes Pereira presented today his
resignation as Investor Relations Officer, to be effective on July 24, 2012.
On the same date, Edmar Prado Lopes Neto will be elected at a Board of
Directors meeting for the position of Investor Relations Officer together with
his current position as Financial Director. Mr. Edmar Lopes joined the Company
in 2011 as Capital Markets Director. Leonardo continues to exercise its role
as Vice President of Finance and Strategy in the Company until the approval of
his indication as President of CVM by the Senate.

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

Contact

Investor Relations
Edmar Lopes - Finance Director

Andre Brandi - Planning and IR Manager
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

SOURCE GOL Linhas Aereas Inteligentes S.A.

Website: http://www.voegol.com.br/ir