LAN Argentina Non-Stop Miami-Buenos Aires Service; Limited $399(a) Introductory Fare Space Available.

MIAMI -- Effective October 10, 2006, LAN Argentina's new Miami-Buenos Aires non-stop service, which began operating earlier this week, will increase from three flights weekly to daily service.

Due to the success of the airline's $399(a) introductory fare, LAN Argentina is encouraging passengers still interested in taking advantage of this offer to book their tickets as soon as possible. Seats allocated to this fare are rapidly diminishing; therefore, to ensure that the maximum number of interested passengers is able to obtain the special rate, LAN Argentina has revised the last date for purchase at $399(a). All purchases at this rate must now be completed by August 28, 2006.

LAN Argentina's new non-stop flight departs from Ministro Pistarini de Ezeiza airport in Buenos Aires at 10:00 p.m. and arrives at Miami International Airport at 5:50 a.m. the following morning. The flight in turn departs Miami at 9:00 p.m. and arrives in Buenos Aires at 6:40 a.m. the following morning.

LAN Argentina operates an extensive network throughout Argentina, including daily flights from Buenos Aires to Cordoba, Mendoza, Bariloche and Iguazu, and one weekly flight to Comodoro Rivadavia and Rio Gallegos.

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.

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

(a) Fare conditions - fare: US$399; minimum stay: 1 day; maximum stay: 3 months; trip must be completed by December 13, 2006; refunds: not permitted; sales restrictions: tickets must be issued immediately, on/before August 28, 2006; travel restrictions: travel must be completed by December 13, 2006; charge for date/flight changes: before departure US$100, after departure US$200; tickets are non-transferable; seats are limited; airline: LAN Argentina; earns kilometers for traveled distance: yes; eligible for LANPASS purchase bonus: yes; fares subject to change without notice; fare does not include government fees and taxes of approximately US$65.50.