MERCADOLIBRE INC — Director's Dealing 2007

Aug 30, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MERCADOLIBRE INC (MELI)
CIK: 0001099590
Period of Report: 2007-08-13

Reporting Person: Tolda Stelleo (Country Manager Brazil)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-08-13	Common Stock	S	14368	$17.19	Disposed	110157	Direct

Footnotes

F1: Represents additional shares sold by the reporting person as a selling stockholder in the Issuer's initial public offering (the "IPO") pursuant to the underwriters' over-allotment option, which was exercised on August 13, 2007. The IPO closed on August 15, 2007.