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May 6, 2008

MercadoLibre, Inc. to Participate in Merrill Lynch Technology Conference

BUENOS AIRES, May 6, 2008 (PrimeNewswire via COMTEX News Network) -- MercadoLibre, Inc. (Nasdaq:MELI) (http://www.mercadolibre.com) today announced that the Company is scheduled to present at the Merrill Lynch Technology Conference on May 7, 2008 at 2:15 p.m. Eastern Time in New York City.

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 2007.

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

This news release was distributed by PrimeNewswire, www.primenewswire.com

SOURCE: MercadoLibre, Inc.

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

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