MOUNTAIN VIEW, Calif., Nov. 3, 2011 (GLOBE NEWSWIRE) -- LinkedIn
Corporation (NYSE:LNKD) announced today that it has filed a
registration statement with the U.S. Securities and Exchange Commission
(the "SEC") for a proposed public offering of shares of its Class A
common stock. LinkedIn is proposing to sell approximately $100 million
of its shares, as well as any shares issued to the underwriters to
cover over-allotments. The remaining shares will be sold by existing
stockholders.

The principal purposes of this offering are to raise capital for the
company, facilitate an orderly distribution of shares and increase the
company's public float. The proceeds of the primary portion of the
offering will be used to provide additional working capital for
LinkedIn, including further expansion of its product development and
field sales organizations, for capital expenditures and potential
strategic acquisitions or investments. As part of the underwriting
procedures, all selling stockholders, as well as all officers and
directors, have agreed to lock-up agreements for a period of 90 days
following the offering.

The bookrunning managers of the proposed offering will be Morgan
Stanley & Co. LLC, BofA Merrill Lynch and J.P. Morgan Securities LLC.
Allen & Company LLC and UBS Securities LLC will be acting as
co-managers. This offering will be made only by means of a prospectus.
A copy of the preliminary prospectus, when available, may be obtained
from the offices of Morgan Stanley & Co. LLC, Attention: Prospectus
Department, 180 Varick Street, 2nd Floor, New York, New York 10014, or
by email at prospectus@morganstanley.com; BofA Merrill Lynch, 4 World
Financial Center, New York, NY 10080, Attn: Prospectus Department, or
email dg.prospectus_requests@baml.com; or J.P. Morgan Securities LLC,
Attention: Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, New York 11717, or by telephone at (866) 803-9204.

A registration statement relating to these securities has been filed
with the SEC, but has not yet become effective. These securities may
not be sold nor may offers to buy be accepted prior to the time the
registration statement becomes effective. The registration statement on
Form S-1 may be accessed through the SEC's website at edgar.sec.gov.

This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state in which such offer, solicitation or sale would
be unlawful prior to registration or qualification under the securities
laws of any such state.


CONTACT: Press contact
         Hani Durzy
         hdurzy@linkedin.com
         650-605-0829
         
         Investor contact
         Matt Sonefeldt
         msonefeldt@linkedin.com
         650-605-0861