Sales estimates for GOL

Yearly Sales Estimates for GOL

Estimate Year	High Estimate	Low Estimate	Mean Estimate	Standard Deviation	Latest Estimate
2007	2952.46	2770	2840.353	70.873	1/30/2008
2008	4450	4450	4450	0	11/24/2008
2009	5938	2777	3675.644	1298.889	11/11/2009
2010	3589.59	3334	3461.863	127.795	9/29/2009
2011	3951.29	3720	3835.645	163.546	8/17/2009

Quarterly Sales Estimates for GOL

Qtr Ending	High Estimate	Low Estimate	Mean Estimate	Standard Deviation	Latest Estimate
03-2007	512.93	496.72	504.825	11.462	5/2/2007
06-2007	661.2	611.43	636.315	35.192	5/7/2007
09-2007	826.64	656.74	756.517	71.716	9/13/2007
12-2007	847.46	835.069	841.264	8.761	1/25/2008
03-2008	894.29	894.29	894.29	0	3/31/2008
06-2008	926	909.62	918.423	8.258	8/1/2008
09-2008	1017.33	876.28	946.805	99.737	8/21/2008
12-2008	930.46	930.46	930.46	0	8/21/2008
03-2009	900	563	700.713	176.736	4/28/2009
06-2009	1000	675.27	792.92	179.89	7/14/2009
09-2009	789	789	789	0	7/14/2009
12-2009	796.11	796.11	796.11	0	7/14/2009
03-2010	1000	1000	1000	0	3/31/2009
06-2010	1000	1000	1000	0	3/31/2009
09-2010	900	900	900	0	3/31/2009
12-2010	1000	1000	1000	0	3/31/2009