Beginning August 15: First International Destination; LAN Argentina Initiates Non-Stop International Service Miami-Buenos Aires.

MIAMI -- LAN Argentina announced that it will begin operating the Miami-Buenos Aires route on August 15, 2006, with a non-stop flight that departs from Ministro Pistarini de Ezeiza airport in Buenos Aires at 10:15 p.m. and arrives at Miami International Airport at 6:05 a.m. the following morning. The flight will in turn depart Miami at 9:00 p.m. and arrive in Buenos Aires at 6:40 a.m. the following morning.

The operation of this new international route will mark the incorporation of a Boeing 767-300 aircraft that is being added to LAN Argentina's fleet.

"We are proud to announce the beginning of LAN Argentina's first international operation. This new step constitutes a very important moment for the growth of the company in the country. To unite Buenos Aires and Miami with this non-stop flight allows us to offer our passengers and cargo clients a valuable and competitive service, which will operate with the highest standards of quality, safety and service that distinguish all of the airlines of the LAN alliance," said Damian Scokin CEO of LAN Argentina.

LAN Argentina operates from Buenos Aires with four daily flights to Cordoba, two daily flights to Mendoza, Bariloche and Iguazu, and one weekly flight to Comodoro Rivadavia y Rio Gallegos. On August 15, 2006, the Miami-Buenos Aires non-stop flight will begin. In addition to the LAN Argentina flights described above, LAN Airlines operates eight daily flights between Buenos Aires and Santiago, as well as two weekly flights from Cordoba, one daily flight from Rosario, two daily flights from Mendoza, and two weekly flights from Bariloche. LAN Peru operates 11 weekly flights between Buenos Aires and Lima, and LAN Ecuador operates two weekly non-stop flights from Buenos Aires to Quito and Guayaquil.

For additional information, contact LAN toll-free at 866-I-FLY-LAN (866-435-9526). Visit LAN's website at http://www.lan.com.

About LAN:

LAN Airlines (NYSE:LFL) and its affiliates LAN Argentina, LAN Ecuador and LAN Peru, offer a united spirit of reliability and charm that provides passengers the highest level of service and safety with the complete travel experience throughout the skies of the Americas.

LAN's vast route network reaches a large number of destinations throughout the world, including the Americas, Europe and the South Pacific. LAN and its affiliates offer flights from North America to Argentina, Brazil, Chile, Colombia, Dominican Republic, Ecuador, Peru, Uruguay and Venezuela with service from 29 North American cities, including daily flights from its Miami, New York and Los Angeles gateways. Passengers traveling with any of the LAN affiliates may accumulate frequent flier kilometers/miles in LANPASS or American Airlines' AAdvantage. Additionally, passengers traveling with LAN Airlines or LAN Peru may also accumulate frequent flier miles in any of the oneworld(TM) member frequent flier programs. LAN Airlines is a member of oneworld(TM) and LAN Peru is an affiliate of oneworld(TM), the world's leading quality alliance.