Board of Directors

Mr. José Cox Donoso, has served on Lan Airlines' board of directors from April 1994 to June 1995 and from September 1995 to the present. Mr. Cox's term as a director ends on the date of the next annual shareholders' meeting. Mr. Cox has also served as chairman of the board of directors of Lan Cargo since September 1995. In addition, Mr. Cox has served on the board of directors of another Chilean company, CMB-Prime Asset Managing Corp., since September 1993. Mr. Cox is also chairman of the Chilean Electronic Stock Exchange.

Mr. Juan Cueto Sierra, was one of the founders of Fast Air in 1978 and has served on Lan Airlines' board of directors since 1998. Mr. Cueto's term as a director ends on the date of the next annual shareholders' meeting. Mr. Cueto has wide experience in a range of business activities.

Mr. Ramón Eblen Kadis, has served on Lan Airlines' board of directors since June 1994. Mr. Eblen's term as a director ends on the date of the next annual shareholders' meeting. Mr. Eblen has served as President of Comercial Los Lagos Ltda., Inversiones Santa Blanca S.A., and TJC Chile S.A.. Mr. Eblen is a member of the Eblen Group (a major shareholder of Lan Airlines).

Mr. Darío Calderón González, has served on Lan Airlines' board of directors since 1994. Mr. Calderón's term as a director ends on the date of the next annual shareholders' meeting. Mr. Calderón has been a partner in Calderón y Cía., a Chilean law firm, since 1970. Mr. Calderón currently serves on the board of directors of other Chilean companies, including Integramedica S.A, Imprenta A Molina Flores S.A., Inmobiliaria Cumbres S.A., and Calzados Gino S.A.

Mr. Juan José Cueto Plaza, has served on Lan Airlines' board of directors since 1994. Mr. Cueto's term as a director ends on the date of the next annual shareholders' meeting. Mr. Cueto currently serves as Executive Vice President of Inversiones Costa Verde S.A., a position he has held since 1990, and serves on the boards of directors of Forestal Copihue S.A. and Minera Michilla S.A.

Mr. Andrés Navarro Haeussler, joined Lan Airlines' board of directors in April 2004. Mr. Navarro's term as a director ends on the date of the next annual shareholders' meeting. Mr. Navarro holds a Civil Engineering degree from Universidad Católica de Chile. He is the president and founder of Sonda S.A. , a leading IT services provider in Latin America, which has operations in 11 Latin American countries, including Mexico , Brazil , Argentina , Chile and Colombia . This company had its IPO during 2006 and is listed in the Santiago Stock Exchange. He is also the Chairman of the Board of Clínica Las Condes and of Inmobiliaria y Constructora Aconcagua S.A. and member of the board of Fundación Teleton, a non-profit organization.

Bernardo Fontaine Talavera , has served on Lan Airlines' board of directors since April 2005. Mr. Fontaine's term ends on the date of the next annual shareholders' meeting. Mr. Fontaine has held various responsibilities on the financial services branch of Falabella, a major Chilean retailer, and served as Executive Director of CMR Falabella and Vice-Chairman of the Board of Banco Falabella. Mr. Fontaine also served as head of the M&A Corporate Finance division of Citicorp-Citibank Chile . Mr. Fontaine currently serves on the boards of Almagro S.A. , Loginsa S.A. and Polygon S.A.

Mr. Ignacio Guerrero joined LAN Airlines' board of directors in April 2008. Mr. Guerrero term ends on the date of the annual shareholders' meeting of 2010. Mr. Guerrero holds a MBA degree from Harvard Business School and an Economics degree from Catholic University , Santiago, Chile. Mr. Guerrero has an extensive experience in the banking and financial fields, having worked as commercial banker in Banco de Chile and as investment banker in Citibank N.A. and in NMB Bank, New York. From 1990 to 1994, he served as CFO of Codelco Chile, one of the largest copper mining companies in the world. Mr. Guerrero is currently a partner at CMB Chile, an investment company focused on investment management and private equity.