Marathon Pledges $1.5 Million to Hurricane Ike and Gustav Relief Efforts

Marathon Oil Corporation (NYSE: MRO) announced today that the Company will contribute $1.5 million to the American Red Cross in support of Hurricanes Ike and Gustav relief efforts. One million dollars will be allocated to Hurricane Ike, with the remaining $500,000 targeted for ongoing Hurricane Gustav relief efforts. The Company is also closely monitoring the needs of its employees in the areas that are expected to be impacted by Hurricane Ike, and is prepared to provide assistance to these employees and their families as soon as the storm passes.

"Our thoughts and prayers are with the communities along the Texas and Louisiana Gulf Coast as we brace for Hurricane Ike. While we do not yet know the full extent of the damage this dangerous storm will cause, early predictions of a potentially severe impact to our region have prompted us to come forward with this initial contribution to help ensure our community has the resources necessary to respond to the needs of our neighbors," said Clarence P. Cazalot, Jr., president and CEO of Marathon. "Our Marathon family is committed to providing assistance to those who will be impacted by Ike, and we also want to assist in the ongoing relief efforts in Louisiana in the wake of Hurricane Gustav."

Marathon has significant onshore and offshore operations in the Gulf Coast region, including refineries in Texas City, Texas, and Garyville, La., as well as pipeline and oil and natural gas production and processing facilities.

Sept. 12, 2008