Marathon Oil Corporation Announces Increase In Quarterly Dividend

HOUSTON, July 31, 2013 (GLOBE NEWSWIRE) -- Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has approved a 12 percent increase in the quarterly dividend payable on Marathon Oil Corporation common stock, resulting in a new quarterly dividend rate of 19 cents per share. The dividend is payable on Sept. 10, 2013, to stockholders of record on Aug. 21, 2013.

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

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CONTACT: Media Relations Contacts         Lee Warren: 713-296-4103         John Porretto: 713-296-4102                  Investor Relations Contacts         Howard Thill: 713-296-4140         Chris Phillips: 713-296-3213

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