LAN shareholders approve merger with TAM by broad majority

21-Dec-2011 LAN Airlines S.A. (NYSE: LFL; "LAN or "the Company"), one of Latin America's leading passenger and cargo airlines today announced that at an, Extraordinary Shareholders Meeting held today in Santiago, Chile, LAN shareholders approved the merger of LAN with Sister Holdco S.A. and Holdco II S.A., two special purpose companies created exclusively for purposes of this transaction, where shares of TAM S.A. will be held, directly or indirectly, prior to their consolidation into LAN.