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Clarification to Marathon News Release on Costs Incurred
 

HOUSTON, Feb. 20 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO) issued a news release yesterday, Feb. 19, with details regarding the Company's 2008 reserve additions and costs incurred for property acquisition, exploration and development activities related to oil and gas properties. The total costs incurred were $3.4 billion for 2008 and $9.0 billion for the three-year period ended Dec. 31, 2008. In the original release, dollar amounts were rounded to the nearest billion and were reported as $3 billion and $9 billion, respectively. 

    Media Relations Contacts:     Lee Warren           713-296-4103
                                  Leslie Hiltabrand    713-296-4102

    Investor Relations Contacts:  Howard Thill         713-296-4140
                                  Chris Phillips       713-296-3213
                                  Michol Ecklund       713-296-3919


SOURCE Marathon Oil Corporation