LinnCo LLC Announces Cash Dividend

LinnCo LLC Announces Cash Dividend

HOUSTON, Jan. 24, 2013 (GLOBE NEWSWIRE) -- LinnCo, LLC (Nasdaq:LNCO) announced
today its second quarterly cash dividend of $0.71 per common share, which
reflects a reduction for taxes of $0.015 per common share from the LINN Energy
distribution of $0.725 per unit. The cash dividend will be payable on February
15, 2013, to shareholders of record at the close of business February 7, 2013.

ABOUT LINNCO

LinnCo was created to enhance LINN Energy's ability to raise additional equity
capital to execute on its acquisition and growth strategy. LinnCo is a
Delaware limited liability company that has elected to be taxed as a
corporation for United States federal income tax purposes, and accordingly its
shareholders will receive a Form 1099 in respect of any dividends paid by
LinnCo. LinnCo will have no assets or operations other than those related to
its ownership of LINN units. More information about LinnCo is available at
www.linnco.com.

The LINN Energy logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6573

This press release includes "forward-looking statements." All statements,
other than statements of historical facts, included in this press release that
address activities, events or developments that the company expects, believes
or anticipates will or may occur in the future are forward-looking statements.
These statements include, but are not limited to forward-looking statements
about acquisitions and the expectations of plans, strategies, objectives and
anticipated financial and operating results of the company, including the
company's drilling program, production, hedging activities, capital
expenditure levels and other guidance included in this press release. These
statements are based on certain assumptions made by the company based on
management's experience and perception of historical trends, current
conditions, anticipated future developments and other factors believed to be
appropriate. Such statements are subject to a number of assumptions, risks and
uncertainties, many of which are beyond the control of the company, which may
cause actual results to differ materially from those implied or expressed by
the forward-looking statements. These include risks relating to the company's
financial performance and results, availability of sufficient cash flow to pay
distributions and execute its business plan, prices and demand for oil,
natural gas and natural gas liquids, the ability to replace reserves and
efficiently develop current reserves and other important factors that could
cause actual results to differ materially from those projected as described in
the company's reports filed with the Securities and Exchange Commission. See
"Risk Factors" in the company's Annual Report filed on Form 10-K and other
public filings and press releases.

Any forward-looking statement speaks only as of the date on which such
statement is made and the company undertakes no obligation to correct or
update any forward-looking statement, whether as a result of new information,
future events or otherwise.

CONTACT: LinnCo, LLC
        
         Investors & Media:
        
         Clay Jeansonne, Vice President, Investor & Public Relations
         281-840-4193
         Brook Wootton, Director, Investor & Public Relations
         281-840-4099

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