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May 13, 2009

MercadoLibre, Inc. to Participate in J.P. Morgan Global Technology, Media and Telecom Conference

BUENOS AIRES, Argentina, May 13, 2009 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq:MELI) (http://www.mercadolibre.com) today announced that the Company is scheduled to present at the J.P. Morgan Global Technology, Media and Telecom Conference on May 18, 2009 at 3:40 p.m. Eastern Time in Boston.

A live webcast of the presentation can be accessed via the Company's website at http://investor.mercadolibre.com under the Events & Presentations section. The presentation slides may also be accessed via the Company's website.

About MercadoLibre

MercadoLibre.com is the leading internet trading platform in Latin America where millions of users meet to buy and sell a wide range of goods and services in an easy, entertaining, secure and efficient way. MercadoLibre has operations in 12 countries including Argentina, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Mexico, Panama, Peru, Uruguay and Venezuela. MercadoLibre.com is the leading e-commerce platform in Latin America based on unique visitors and page views during 2008.

For more information about MercadoLibre.com, visit: http://www.mercadolibre.com.

The MercadoLibre, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4193

CONTACT:  MercadoLibre, Inc.
          Investor Relations Contact:
          Pedro Arnt
            pedro@mercadolibre.com
            http://investor.mercadolibre.com
          Media Relations Contact:
          Lorena Diaz Quijano
            (54.11) 5352-8026
            lorena.diazquijano@mercadolibre.com

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