The document is a transcript from a conference call discussing Quepasa's third quarter 2011 financial results and recently completed merger with myYearbook. Key points include: - The merger with myYearbook closed on November 10th and creates a leading social discovery platform with over 74 million users. - myYearbook saw its highest revenue quarter, was profitable for the quarter, and saw growth in monthly active users, page views, and mobile users. - The combined company vision is to be the best place to meet new people through social games and apps on a global scale by bringing myYearbook's monetization and mobile products to a larger international audience. - Integration plans include migrating Quepas

1. Third Quarter 2011 Financial
Results Conference Call
November 14, 2011

2. Cautionary Note Regarding Forward Looking Statements
Certain statements in this presentation and responses to various questions includes forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. All statements other than statements of historical facts contained herein are forward-looking statements,
including statements regarding the benefits of the merger, integration, moving to one platform, creating the public market leader in social discovery,
future growth including expanding internationally, mobile growth, and virtual currency monetization, our future financial performance, our liquidity, our
business strategy and the plans and objectives of management for future operations. The words “believe,” “may,” “estimate,” “continue,” “anticipate,”
“intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify
forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events
and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Important factors that
could cause actual results to differ from those in the forward-looking statements include: Quepasa Games’ ability to develop other social games which
users are attracted to, the risk that myYearbook and Quepasa.com users will be willing to purchase virtual currency for the various offerings, the
effectiveness of the mobile software on smartphones and tablets, international risks including currency fluctuations and political instability, technology
development risk, the risk that the Quepasa and myYearbook businesses will not be integrated successfully, and disruption from the merger making it
more difficult to maintain business and operational relationships. Further information on our risk factors is contained in our filings with the SEC, including
the Form S-4/A filed on October 4, 2011 and our Form 10-K for the year ended December 31, 2010. Any forward-looking statement made by us herein
speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not
possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new
information, future developments or otherwise, except as may be required by law.
QPSA 2

3.  John Abbott, CEO
 Business update and review of recently completed merger with myYearbook
 Mike Matte, CFO
 Third Quarter and Year To Date 2011 Quepasa standalone results and pro forma
financial results
 Geoff Cook, COO and President, Consumer Internet Division
 myYearbook highlights for Q3 and YTD 2011
 Combined company vision, integration, and pipeline overview
 Jim Bugden, Senior VP, Finance
 Third Quarter and Year to Date 2011 myYearbook standalone results and pro forma
operating metrics
QPSA 3

4. I. Opening Remarks / Merger Update
II. Quepasa Financial Review
III. myYearbook Update / Vision, Integration, Pipeline
IV. myYearbook Financial Review
VIII. Questions
QPSA 4

5.  Merger with myYearbook closed on November 10
 $18 million cash and 17 million shares
 Creates leading publicly traded platform for social
discovery
 Over 74 million combined registered users
 Rapidly growing mobile applications
 Industry leading engagement and
monetization
 Vibrant virtual economy
 Global footprint
QPSA 5

6. I. Opening Remarks / Merger Update
II. Quepasa Financial Review
III. myYearbook Update / Vision, Integration, Pipeline
IV. myYearbook Financial Review
VIII. Questions
QPSA 6

7. I. Opening Remarks / Merger Update
II. Quepasa Financial Review
III. myYearbook Update / Vision, Integration, Pipeline
IV. myYearbook Financial Review
VIII. Questions
QPSA 7

8.  Highest revenue quarter in myYearbook history
 Bottom-line profitable for the quarter
 Monthly Active User (MAU) up 29% over Q3 2010
 46% of daily visitors use a mobile device. Up from 2% in January 2010
 7.1 billion page views (up 70% yoy); 261 million visits (up 59% yoy)
 Awards won in third quarter:
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9.  The best place to meet new people
 Make meeting people fun through social games and apps
 We engineer serendipity
 We are the platform for meeting new people
 Combination creates the public market leader in social discovery
 Bring monetization, engagement, and mobile products to a large
international audience
 Build global brand with mass appeal
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10.  A single platform brings operational and product efficiencies
 The myYearbook platform’s strong monetization, engagement, and
mobile offerings make it the platform of choice
 Leverage Quepasa team to build more product faster for larger audience
 The first step, internationalization, is underway. Smartling chosen to
expedite effort. The second step, migration, will be compete Q4 2012
 Q2 2012: Localize Mobile Apps
 Q3 2012: Localize web experience
 Q4 2012: Migrate Quepasa users to new platform
 Q4 2012: Launch in at least 6 new languages
QPSA 10

11.  Product pipeline focused on three major opportunities:
 Mobile Growth
 Virtual Currency Monetization
 International Expansion
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12.  Mobile: Majority mobile in the next few months
 iPad launching in Q1 2012
 Virtual currency monetization of mobile begins Q1 2012
QPSA 12

13. Off-the-Chart Mobile Engagement: Mobile users visit for shorter sessions,
but much more often, resulting in more daily time spent per user than on
the web – over 20 years’ worth of minutes on Android alone, every day!
QPSA 13

14. Mobile App Market and Mobile Ad Market Growing Fast
http://techcrunch.com/2011/10/18/mary-meekers-2011-presentation-on-internet-trends-slides/ QPSA 14

15. Smartphone Penetration Among myYearbook
Users Set to Increase
Source: myYearbook Internal
QPSA 15

16.  Virtual Currency: Dual-currency enhances monetization
 Paid currency launching on the web Q4 2011 and on mobile Q1 2012
 Dual-currency model drives monetization
 Internationalization: Single, global platform drives growth
QPSA 16

17. I. Opening Remarks / Merger Update
II. Quepasa Financial Review
III. myYearbook Update / Vision, Integration, Pipeline
IV. myYearbook Financial Review
VIII. Questions
QPSA 17

18. I. Opening Remarks / Merger Update
II. Quepasa Financial Review
III. myYearbook Update / Vision, Integration, Pipeline
IV. myYearbook Financial Review
VIII. Questions
QPSA 18

19. QPSA 19