MERCADOLIBRE INC — Director's Dealing 2011

Nov 9, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MERCADOLIBRE INC (MELI)
CIK: 0001099590
Period of Report: 2011-11-08

Reporting Person: SPENCE A MICHAEL (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-08	Common Stock	S	8000	$87.58	Disposed	34354	Direct

Footnotes

F1: Represents the weighted-average sale price per share of a series of transactions, all of which were executed on November 08, 2011. The actual sale prices ranged from a low of $87.58 to a high of $87.65. The Reporting Person undertakes to provide upon request of the SEC Staff, MercadoLibre, Inc. or a MercadoLibre, Inc. security holder full information regarding the number of shares sold at each price within the range.