Marathon Oil Corporation Announces Increase in Quarterly Dividend

Published: Jan 27, 2012

HOUSTON, Jan. 27, 2012 - Marathon Oil Corporation (NYSE: MRO) announced
today that the Company's board of directors has approved a 13 percent
increase in the quarterly dividend payable on Marathon Oil Corporation
common stock, resulting in a new quarterly dividend rate of 17 cents per
share. The dividend is payable on March 12, 2012, to stockholders of
record on Feb. 16, 2012.

For more information on Marathon Oil Corporation, visit the Company's
website at (http://www.marathonoil.com/) http://www.marathonoil.com.

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Media Relations Contacts
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John Porretto: 713-296-4102

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






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Source: Marathon Oil Corporation via Thomson Reuters ONE



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