GOL Announces New Chief Executive Officer

18-Jun-2012 GOL Linhas Aéreas Inteligentes S.A. (BM&FBovespa: GOLL4 and NYSE: GOL), (S&P: B+, Fitch: B+, Moody`s: B3), the largest low-fare, low-cost airline in Latin America, hereby announces, pursuant to CVM Instruction 358, as amended, that in a Board of Director's Meeting held on this date, Paulo Sergio Kakinoff was elected as the new Company's Chief Executive Officer (CEO). Paulo Sergio Kakinoff will be invested in the new position as the CEO as of July 2, 2012. The position is currently occupied by Constantino de Oliveira Junior.