São Paulo, September 22, 2014 – GOL Linhas Aéreas Inteligentes S.A. (“Company”) (BM&FBOVESPA: GOLL4 and NYSE: GOL), (S&P: B, Fitch: B-, Moody’s: B3), the largest low-cost and best-fare airline in Latin America, in compliance with Article 12, paragraph 4, of CVM Rule 358 of January 3, 2002, as amended by CVM Rule 449 of March 16, 2007, hereby announces that it has received from Wellington Management Company, LLP ("Wellington Management") on  September 19, 2014, the letter transcribed below, which informs the Company a reduction to its shareholding position:

 “Wellington Management Company, LLP ("Wellington Management"), a limited liability partnership validly existing under the laws of the Commonwealth of Massachusetts, USA, headquartered at 280 Congress Street, Boston, Massachusetts, 02210, USA, in its capacity as a discretionary investment manager, in compliance with Article 12 of the CVM Instruction No. 358, dated January 3, 2002, as amended (“CVM Instruction 358”), hereby informs that one or more of our discretionary client accounts (the “Accounts”) has disposed, through certain transactions on stock exchanges, directly or through American Depositary Receipts (“ADRs”), 187,200 preferred shares issued by Gol Linhas Aéreas Inteligentes S.A. (“Company”). After the aforementioned alienation Wellington Management´s holds   7,629,547 ADRs of the Company. On a converted basis this is equal to 7,629,547 preferred shares, representing 5.48% of all preferred shares issued by the Company.

Wellington Management declares that the alienation is not aimed to alter the Company’s shareholding control or administrative structure.  Wellington Management does not hold rights to subscribe shares, options to purchase shares and convertible debentures in shares of the Company, and has no agreement or contract regulating the exercise of voting rights or the purchase and sale of securities issued by the Company.”

ABOUT GOL LINHAS AÉREAS INTELIGENTES S.A.

GOL Linhas Aéreas Inteligentes S.A. (BMF&BOVESPA: GOLL4 and NYSE: GOL), the largest low-cost and best-fare airline in Latin America, offers around 910 daily flights to 67 destinations, 15 international, in South America, the Caribbean and the United States under the GOL and VARIG brands, using a young, modern fleet of Boeing 737-700 and 737-800 Next Generation aircraft, the safest, most efficient and most economical of their type. The SMILES loyalty program allows members to accumulate miles and redeem tickets to more than 560 locations around the world via flights with foreign partner airlines. The Company also operates Gollog, a logistics service which retrieves and delivers cargo and packages to and from more than 3,500 cities in Brazil and six abroad. With its portfolio of innovative products and services, GOL Linhas Aéreas Inteligentes offers the best cost-benefit ratio in the market.