MERCADOLIBRE INC — Director's Dealing 2011

Jun 3, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MERCADOLIBRE INC (MELI)
CIK: 0001099590
Period of Report: 2011-06-01

Reporting Person: LEVY ANTON J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-01	Common Stock	S	23063	$90.725	Disposed	622346	Indirect
2011-06-01	Common Stock	S	13372	$91.023	Disposed	622346	Indirect
2011-06-01	Common Stock	S	299	$90.725	Disposed	622346	Indirect
2011-06-01	Common Stock	S	173	$91.023	Disposed	622346	Indirect
2011-06-01	Common Stock	S	55	$90.725	Disposed	622346	Indirect
2011-06-01	Common Stock	S	32	$91.023	Disposed	622346	Indirect
2011-06-01	Common Stock	S	25	$90.725	Disposed	622346	Indirect
2011-06-01	Common Stock	S	14	$91.023	Disposed	622346	Indirect
2011-06-01	Common Stock	S	995	$90.725	Disposed	622346	Indirect
2011-06-01	Common Stock	S	579	$91.023	Disposed	622346	Indirect
2011-06-01	Common Stock	S	192	$90.725	Disposed	622346	Indirect
2011-06-01	Common Stock	S	115	$91.023	Disposed	622346	Indirect
2011-06-01	Common Stock	J	461	—	Disposed	622346	Indirect
2011-06-01	Common Stock	J	120	—	Disposed	622346	Indirect
2011-06-03	Common Stock	S	76478	$91.303	Disposed	622346	Indirect
2011-06-03	Common Stock	S	991	$91.303	Disposed	622346	Indirect
2011-06-03	Common Stock	S	182	$91.303	Disposed	622346	Indirect
2011-06-03	Common Stock	S	83	$91.303	Disposed	622346	Indirect
2011-06-03	Common Stock	S	3287	$91.303	Disposed	622346	Indirect
2011-06-03	Common Stock	S	633	$91.303	Disposed	622346	Indirect
2011-06-03	Common Stock	J	1277	—	Disposed	622346	Indirect
2011-06-03	Common Stock	J	342	—	Disposed	622346	Indirect
2011-06-03	Common Stock	S	23063	$90.679	Disposed	622346	Indirect
2011-06-03	Common Stock	S	299	$90.679	Disposed	622346	Indirect
2011-06-03	Common Stock	S	55	$90.679	Disposed	622346	Indirect
2011-06-03	Common Stock	S	25	$90.679	Disposed	622346	Indirect
2011-06-03	Common Stock	S	995	$90.679	Disposed	622346	Indirect
2011-06-03	Common Stock	S	192	$90.679	Disposed	622346	Indirect

Footnotes

F1: By General Atlantic Partners 84, L.P ("GAP 84"). See footnote 7.

F2: By GapStar, LLC ("GapStar"). See footnote 7.

F3: By GAPCO GmbH & Co. KG ("KG"). See footnote 7.

F4: By GAP Coinvestments CDA, L.P. ("CDA"). See footnote 7.

F5: By GAP Coinvestments III, LLC ("GAPCO III"). See footnote 7.

F6: By GAP Coinvestments IV, LLC ("GAPCO IV"). See footnote 7.

F7: Amount of securities beneficially owned following June 3, 2011 represents 574,124 shares of common stock owned by GAP 84,
7,440 shares owned by GapStar, 32,062 shares owned by GAPCO III, 6,734 shares owned by GAPCO IV, 618 shares owned by CDA and
1,368 shares owned by KG.

F8: General Atlantic LLC ("General Atlantic") is the general partner of General Atlantic GenPar, L.P. ("GenPar") and CDA. GenPar
is the general partner of GAP 84. The officers of GapStar and the managing members of GAPCO III and GAPCO IV are managing
directors of General Atlantic. GAPCO Management GmbH ("GmbH Management") is the general partner of KG. The managing
directors of General Atlantic make voting and investment decisions with respect to the securities held by KG and GmbH
Management. Mr. Levy is a managing director of General Atlantic and a managing member of GAPCO III and GAPCO IV. Mr. Levy
disclaims beneficial ownership of such shares beneficially owned by them except to the extent of his pecuniary interest
therein.

F9: Distribution of shares of common stock to certain members of GAPCO III.

F10: Distribution of shares of common stock to certain members of GAPCO IV.