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Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under
the Securities Exchange Act of 1934.

Yes ______ No ___X___

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GOL LINHAS AÉREAS INTELIGENTES S.A.

C.N.P.J. n.º 06.164.253/0001 -87
N.I.R.E. 35.300.314.441

MINUTES OF THE BOARD OF DIRECTORS’ MEETING,
HELD ON DECEMBER 11, 2007

Date, time and place: Held on December 11, 2007, at 9:00 am, at Rua Gomes de Carvalho, no. 1.629, in Vila Olímpia, in the Capital of the State of São Paulo, at the Meeting Room of the Board of Directors of Gol Linhas Aéreas Inteligentes S.A. (“Company”). Attendance: Totality of the members of the Board of Directors of the Company. Presiding Board: Mr. Henrique Constantino, as chairman of the meeting, invited me, Richard F. Lark, to be the Secretary of the meeting. Call: Waived, due to the attendance of all the members of the Board of Directors. Agenda: Resolve on: (i) distribution of interest on stockholder’s capital (“JCP”) and supplementary dividends, referring to the fourth quarter of 2007 and (ii) grant of guarantee. Resolutions taken: After necessary clarifications, (i) it was approved by unanimity the proposal to pay JCP and supplementary quarterly dividends to the shareholders, for the fourth quarter of fiscal year 2007, as established in paragraph 1, of article 9, of Law 9,249/95. The Board approved the payment to the shareholders of the total amount of R$ 76,518,720.62, corresponding to R$ 0.37825 (gross) and R$ 0.35 (thirty five cents of reais) per quarter, per common and preferred shares of the Company, according to the Company’s Dividend Policy, approved by the meeting of the Board of Directors held on January 29, 2007. We remark that, from the above referred total amount, and by way of JCP, the Company will pay the gross amount of R$ 38,097,542.49, corresponding to R$ 0.18832 (gross) and 0.16007, net of withhold income tax, per common and preferred share, and R$ 38,422,178.13, as supplementary dividends, corresponding to R$ 0.18993 per common and preferred share of the Company. The credit of the JCP and complementary dividends in the Company’s accounting records shall be made on December 28, 2007, considering the shareholder position as of December 24, 2007 the “record date”. The Company’s shares shall be traded “ex” right as of December 26, 2007, inclusive. The amount of the interest on stockholder’s capital is subject to withholding income tax, at the rate of 15%, except for shareholders that evidence to be exempt or immune, or those domiciled in a tax heaven jurisdiction, subject to an income tax rate of 25%. Shareholders immune or exempted from withheld income tax, according to the applicable law, shall prove such status until December 27, 2007, delivering the relevant documentation to Gol Linhas Aéreas Inteligentes S.A., to the attention to the Investor Relations Department, at Rua Gomes de Carvalho nº 1.629, Vila Olímpia, São Paulo, SP, CEP 04547-006, Telephone: (+55-11) 3169-6224/6222; Fax: (+55-11) 3169-6257/6245, Email: ri@golnaweb.com.br. Such interest on stockholder’s capital, net of withholding income tax, and supplementary dividends will be imputed to mandatory dividends for fiscal year 2007, according to article 9, paragraph 7, of Law 9.249/95, item V, and Resolution CVM 207/96, and paragraph 4, of article 25 of Company’s By-Laws, and will be paid to the shareholders on February 1, 2008, added by no interest whatsoever. The payment of JCP and supplementary dividends is resolved herein according to the Company’s policy of distribution of quarterly interim dividends approved by the meeting of the Board of Directors held on January 29, 2007, in the fixed amount of thirty five cents of reais (R$ 0.35) per common and preferred share per quarter, during fiscal year 2007. Regardless of the amount that may be fixed, the payment of the minimum dividend of 25% of the profit for the current year is ensured to the shareholders, it being certain that, if necessary, the Company, by the end of the fiscal year, will pay supplementary dividends and; (ii) to guarantee the accomplishment of VRG Linhas Aéreas S.A. obligations, according to the Leasing Agreement of an aircraft Boeing, 737- 300ER, serial number 27619 registered under the registration mark PR-VAE and authorize the Officers to take all necessary action to comply with the current deliberation. All acts and/or measures already taken are hereby ratified. rawing-up and Reading of the Minutes: After the chairman offered the floor to anyone who intended to make use of it, although no one did, the meeting was adjourned for the time necessary to draw up these presents. After reopening this Meeting, minutes were read and checked by those attending the meeting, who signed the document. These minutes were drawn-up in a summary form, in the proper book.

São Paulo, December 11, 2008.

	________________________________		________________________________
	Henrique Constantino		Richard F. Lark, Jr.
	Chairman		Secretary

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This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will a ctually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

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