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Marathon Oil Corporation (MRO:NYSE) publishes 2007 Corporate Social Responsibility Report

Published 06-20-08

Issued by Marathon Oil Corporation

Summary

The report, covers the company's five core values - health & safety, environmental stewardship, honesty & integrity, corporate citizenship & a high performance team culture

Report Highlights

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Marathon Oil Corporation, an integrated international energy company headquartered in Houston, Texas, has released its 2007 “Living Our Values” Corporate Social Responsibility Report. The report is available on the Company’s website: http://www.marathon.com/Social_Responsibility/Living_Our_Values_Report/.

The report, which is divided into sections corresponding to the Company’s five core values - health and safety, environmental stewardship, honesty and integrity, corporate citizenship, and a high performance team culture – is based on the API/IPIECA Oil and Gas Industry Guidance on Sustainability Reporting.  Narrative descriptions of the Company’s CSR programs and efforts are combined with quantitative metrics to measure the Company’s non-financial performance.  Global metrics include safety performance, greenhouse gas emissions, and other environmental emissions and releases. A case study of CSR efforts in Equatorial Guinea is also provided to demonstrate how Marathon implements its CSR strategy – and its “Living Our Values” approach – as an integral part of the Company’s broader business strategy.

To order a hard copy of the report, email Marathon at CSRReport@marathonoil.com. Marathon is committed to improving stakeholder dialogue and is interested in feedback on the report. Please send comments via email to CSRReport@marathonoil.com.

Marathon Oil Corporation is engaged in oil and gas exploration and production; oil sands mining; integrated gas; and refining, marketing and transportation.  It has principal operations in the United States, Angola, Canada, Equatorial Guinea, Gabon, Indonesia, Ireland, Libya, Norway, Ukraine and the United Kingdom.  Marathon is the fourth largest U.S.-based integrated oil company and the nation’s fifth-largest refiner.

Marathon Oil Corporation

Marathon Oil Corporation

Marathon is an integrated international energy company engaged in exploration and production; oil sands mining; integrated gas; and refining, marketing and transportation operations. Marathon has principal operations in the United States, Angola, Canada, Equatorial Guinea, Gabon, Indonesia, Ireland, Libya, Norway and the United Kingdom. Marathon is the fourth largest United States-based integrated oil company and the nation's fifth largest refiner. Living Our Values guides the Company's approach to managing its business--what it believes in, how it behaves, what it invests in, and the projects and issues it influences and promotes. Marathon's actions, decision and operations must be consistent with the letter and spirit of its commitment to health and safety, environmental stewardship, honesty and integrity corporate citizenship, and a high performance team culture.

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