LINN Energy Announces Suspension of LINN'S Distribution and LinnCo's Dividend

LINN Energy, LLC

("LINN" or the "Company") and LinnCo, LLC

("LinnCo") announced today that the Board of Directors has approved management's recommendation to suspend LINN's distribution and LinnCo's dividend effective September 30, 2015. LINN's Board of Directors will evaluate the Company's ability to reinstate the distribution and dividend on an ongoing basis. LinnCo logo POTENTIAL TAX LIABILITIES LINN continues to evaluate opportunities to improve its balance sheet. Potential future repurchases or cancellations of outstanding senior notes at a discount and/or asset sales could result in a tax liability for LINN's unitholders. The effect to each unitholder would depend on the unitholder's individual tax position with respect to the units. If available, prior year passive losses from a unitholder's interest in the Company may serve to reduce or eliminate a unitholder's current and future year taxable income and related income tax liability.