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May 12, 2011

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

BUENOS AIRES, Argentina, May 12, 2011 (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, 2011 at 9:20 a.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.

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 13 countries including Argentina, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Mexico, Panama, Peru, Uruguay, Venezuela and Portugal. MercadoLibre.com is the leading e-commerce platform in Latin America based on unique visitors and page views during 2010.

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

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

CONTACT: MercadoLibre, Inc.

         Investor Relations Contact: 

         Diego Escobar

         investor@mercadolibre.com

         http://investor.mercadolibre.com



         Media Relations Contact: 

         Valeria Bazzi

         valeria.bazzi@mercadolibre.com


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