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"The Best of Latin America 2008" Ranking, Latin Trade magazine:

LATIN TRADE RANKS LAN AS THE BEST AIRLINE OF LATIN AMERICA

Santiago, February 15th, 2008.

LAN was voted leading airline in the region, according to "The Best of Latin America 2008" ranking, published by the distinguished publication Latin Trade. The company ranked the highest from a total of 12 participating airlines.

This prestigious publication creates its annual ranking for business travel in Latin America based on readers' votes-most of them executives and frequent travelers-. Over 1,200 of the publication's readers provided their comments about airlines, airports, car rental companies, hotels and restaurants in the region.

LAN was awarded first place among participating airlines, obtaining the highest averaged points in the various categories including: Business Class, general onboard service, food and beverage, frequent flyer program and boarding-ticketing. LAN was awarded the highest points in all of the above mentioned categories.

At the same time, LAN's VIP Neruda lounge in the Santiago airport was voted Best in the Region, with the best ambiance, office supplies, accessibility , food & beverages and customer service.

Armando Valdivieso, CEO LAN's passenger division, stated: "We are proud of such an important award, which reflects the preferences of experienced travelers in this region. Their preference is the best encouragement to continue our daily efforts in bringing a service focused on excellence, consistency and distinction, with the goal of providing the best possible travel experience ."

Latin Trade - an international trade publication in Latin America - published its ranking for best in the region in its February edition. It has brought to over 350,000 readers, during 15 years, a global perspective of business development in Latin America and the Caribbean. The magazine is published in Spanish, Portuguese and English.