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July 30, 2008

MercadoLibre, Inc. to Participate in Two Upcoming Investor Conferences

BUENOS AIRES, Argentina, Jul 30, 2008 (PrimeNewswire via COMTEX News Network) -- MercadoLibre, Inc. (Nasdaq:MELI) (http://www.mercadolibre.com) today announced that the Company is scheduled to present at two upcoming investor conferences.


 Conference:  Pacific Crest Securities 10th Annual Technology
              Leadership Conference
 Date/Time:   August 5, 2008 at 10:00 a.m. Mountain Time
 Location:    Vail, CO

 Conference:  RBC Capital Markets Technology, Media & Communications
              Conference
 Date/Time:   August 6, 2008 at 3:00 p.m. Pacific Time
 Location:    San Francisco, CA

Live webcasts of both presentations 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.

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

MELI_G

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

SOURCE: MercadoLibre, Inc.

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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