THE BANK OF NEW 
YORK
NEW YORKS FIRST BANK - FOUNDED 1784 BY ALEXANDER 
HAMILTON
101 BARCLAY STREET, NEW YORK, N.Y. 10286
AMERICAN  DEPOSITARY  RECEIPTS


December 12, 2005

U.S. Securities & Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.  20549
Attn.:  Document Control

Re:   American Depositary Shares 
evidenced by American Depositary 
Receipts representing preferred shares 
of  Gol Linhas Aereas Inteligentes S.A. 
(Form F-6, Registration No.  333-
116181).

************************

Ladies and Gentlemen:

Pursuant to Rule 424(b)(3) under the Securities 
Act of 1933, as amended, on behalf of The Bank 
of New York, as Depositary for securities 
against which American Depositary Receipts are 
to be issued, we attach a copy of the new 
prospectus (Prospectus) reflecting the new ratio 
of the Company.

As required by Rule 424(e), the upper right hand 
corner of the cover page has a reference to Rule 
424(b)(3) and to the file number of the 
registration statement to which the Prospectus 
relates.

Pursuant to Section III B of the General 
Instructions to the Form F-6 Registration 
Statement, the Prospectus consists of the revised 
form of ADR certificate.
                                                                     
Please contact me with any questions or 
comments on 212 815-4831. 

Very truly yours,


___________________
Monica Vieira
Assistant Treasurer
Tel (212) 815-4831
Fax (212) 571-3050
E-mail: mvieira@BankofNY.com	
 

Encl.

cc:    Paul Dudek, Esq.