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February 17, 2010

MercadoLibre, Inc. to Participate in Upcoming Goldman Sachs and Morgan Stanley Conferences

BUENOS AIRES, Argentina, Feb. 17, 2010 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq:MELI) (http://www.mercadolibre.com) today announced its participation in two upcoming conferences.

The Company is scheduled to present at the Goldman Sachs Technology and Internet Conference 2010 in San Francisco on February 23, 2010 at 4:00 p.m. PT.   A live webcast of the presentation can be accessed via the Company's website at http://investor.mercadolibre.com under the Events & Presentations section. Additionally, a replay of the webcast will be available on the Company's website for 30 days.

MercadoLibre will also attend the Morgan Stanley Technology, Media & Telecom Conference 2010 in San Francisco on March 1 and 2, 2010. 

About MercadoLibre

Founded in 1999 and headquartered in Buenos Aires, Argentina, MercadoLibre is Latin America's leading e-commerce technology company. Through its primary platforms, MercadoLibre.com and MercadoPago.com, it provides solutions to individuals and companies buying, selling, advertising, and paying for goods online.   

MercadoLibre.com serves millions of users and creates a market for a wide variety of goods and services in an easy, safe and efficient way. The site is among the top 50 in the world in terms of page views and is the leading retail platform in unique visitors in each country in which it operates according to metrics provided by comScore Networks.  

MercadoLibre maintains a leadership position in 12 Latin American countries. The Company is listed on Nasdaq (Nasdaq:MELI) following its initial public offering in 2007. For more information about the company 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:
          Pedro Arnt
          Media Relations Contact:
          Lorena Diaz Quijano
            (54.11) 5352-8026     

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