LinnCo LLC Announces the Estimated Tax Characteristics of 2012 Cash Distributions

LinnCo LLC Announces the Estimated Tax Characteristics of 2012 Cash

HOUSTON, Jan. 25, 2013 (GLOBE NEWSWIRE) -- LinnCo, LLC (Nasdaq:LNCO) announced
today the estimated federal income tax characteristics of its 2012 cash
distribution to holders of its Common Shares. The table below describes the
distribution made by the Company in 2012 and the estimated reporting of such
payments on United States Internal Revenue Service ("IRS") Form 1099-DIV. The
Company is releasing information at this time to aid banks, brokerage firms,
and institutional investors that are required to issue Form 1099s to their
account holders. The final determination of the tax characteristics of 2012
cash distributions is not expected to be made until mid-March 2013, and at
that time the Company will announce the final tax characteristics and post the
corrected Form 8937 (if applicable). 

LinnCo, LLC – Common Shares (CUSIP: 535782-10-6)

                                   Percentage    Percentage    Percentage
                      Cash        Reported as    Reported as    Reported as
Record     Payment    Distribution Total Ordinary Qualified      Nondividend
Date       Date       (per share)  Dividends in   Dividends      Distributions
                                   Box 1a of      in Box 1b of   in Box 3 of
                                  Form 1099-DIV  Form           Form 1099-DIV
11/07/2012 11/15/2012 $0.71        13%            13%            87%
Total 2012           $0.71        13%            13%            87%

In accordance with IRS Code Section 6045B, the Company has posted Form 8937,
Report of Organizational Actions Affecting Basis of Securities, which can be
found at This form
provides detailed information on the return of capital portion of the common
share distributions.

Shareholders are encouraged to consult with their personal tax advisors as to
their specific tax treatment of LinnCo, LLC cash distributions.For additional
information, contact LinnCo's Investor Relations Department.


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

The LinnCo LLC logo is available at

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.

         Investors & Media:
         Clay Jeansonne, Vice President, Investor & Public Relations
         Brook Wootton, Director, Investor & Public Relations

LinnCo LLC Logo
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