Agenda

o LinkedIn Overviewo Key financialso Growth Outlooko Stock performanceo Technical Analysiso Why LinkedIno Recommendation

LinkedIn OverviewGeneral LinkedIn NetworkLinkedIn membership is now more than

32M+ professionals1M+ new members every month133 Countries150 industries

The CompanyFounded 2003, HQ in Mountain View, CAOffices in San Francisco, Omaha, New

York, Chicago, Denver, Atlanta, London

2,447 employees

LinkedIn Corporate Solutions

Offers exclusive products and services designed specifically for your corporate staffing department

700+ Corporate Customers

The LinkedIn NetworkTop 5 U.S. Metro Regions(by membership)

Greater New York City AreaGreater Los Angeles AreaSan Francisco Bay AreaWashington D.C. Metro AreaGreater Chicago Area

Fastest Growing U.S. Regions

Cumberland, Maryland AreaBismarck, North Dakota AreaGrand Forks, North Dakota AreaCharleston, West Virginia AreaJonesboro, Arkansas Area

Top 10 Industries on LinkedIn (by membership)

4. Information Technology & Services5. Computer Software6. Financial Services7. Marketing & Advertising8. Real Estate9. Hospital & Health Care10. Telecommunications11. Education Management 12. Accounting13. Banking

Key financials

Ticker (NYSE:LNKD)52-week 55.98 - 122.70Vol/Avg. 2,290.00/3.41MMkt.cap. 11.08BP/E 663.26Div/yield -EPS 0.16Shares 103.30MBeta -Inst.own 35%

Operating Cash Flow Operating Cash Flow Operating Cash Flow Operating Cash Flow

Operating Cash Flow 170.08M

Profit Margin 2.40%

Operating Margin 5.70%

Return on Assets 3.61%

Return on Equity 3.75%

Debt to equity Ratio 0.00

Growth Outlook

o Revenue doubled in the first quarter and rose 12% sequentially.

o Roughly 54% of revenue now comes from recruiter clients, about10 percentage points over 2010 levels.

o Ad sales -- once more than a third of the business -- now account for just 26% of revenue

o Management estimates the company's immediate addressable market at $27 billion, and $80 billion over the very long term

Growth Outlook o Adjusted profits rose even more, rising to $0.15 a share from last

year's$0.06. Corporate recruiters are finding more reasons to use the system. Take a look

Segment Q1 2012 Q1 2011 Growth Hiring Solutions $102.6 million $46.3 million 121.6%Marketing Solutions $48.0 million $27.7 million 73.3%Premium Subscriptions $37.9 million $19.9 million 90.5%

Stock performance

Technical Analysiso Moving In a Channelo 50-Days SMA at 104o 100-Days SMA at 88o 23.60 % Retracement at 105.24o 38.20% Retracement at 95.81o Support 1@105o Support2@97o Resistance1@110o Resistance@115

Analyst Summary

Strong Buy……….9Buy………………….0Hold………………..10Underperform…..0Sell…………………..0

Why LinkedIn

o 115 million active users world-wideo Users 97 times more likely to have college or post-

grad degreeo LinkedIn is the number 2 most popular social

media networko Nearly 2.5 billion people searches on LinkedIn in

2011

Why LinkedIn61% of B2B companies acquired a customer using LinkedIn

Recommendation

o Based on a strong future growth,we expect the company to do well going forward.

o Buy@103-104o Buy on dips o We recommend that the company be kept on the

watch list