LinnCo LLC Announces the Final Tax Characteristics of 2012 Cash Distributions

LinnCo LLC Announces the Final Tax Characteristics of 2012 Cash Distributions

HOUSTON, March 13, 2013 (GLOBE NEWSWIRE) -- LinnCo, LLC (Nasdaq:LNCO)
announced today the final determination of the 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
reporting of such payments on United States Internal Revenue Service ("IRS")
Form 1099-DIV. The Company is releasing this information to aid banks,
brokerage firms, and institutional investors that are required to issue Form
1099s to their account holders.

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

                                                                        
                                   Reported  Reported
                                   as        as        Reported as
                                   Total     Qualified Nondividend
Record     Payment    Cash        Ordinary  Dividends Distributions
Date       Date       Distribution Dividends in        in
                      (per share)  in        Box 1b of Box 3 of
                                   Box 1a of Form      Form 1099-DIV
                                   Form      1099-DIV
                                   1099-DIV
11/07/2012 11/15/2012 $0.71        0%        0%        100%
Total 2012           $0.71        0%        0%        100%

In accordance with IRS Code Section 6045B, the Company has posted its
Corrected Form 8937, Report of Organizational Actions Affecting Basis of
Securities, which can be found at
http://www.linnco.com/about/tax-considerations.htm. 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.

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 LinnCo LLC logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=15371

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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