Marathon Oil Corporation Announces Increase In Quarterly Dividend

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

For more information on Marathon Oil Corporation, visit theCompany'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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