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About This Report

Addressing Critical Sustainability Challenges

Marathon Oil Corporation's 2010 Living Our Values Corporate Social Responsibility Report provides information on the Company's non-financial performance and actions to promote sustainable social, environmental and economic benefits. Last year, Marathon transitioned to reporting around a widely recognized Environmental, Social and Governance (ESG) framework. To this we added Workforce (W) to address issues related to our employees. This reporting is based on our core values - health and safety, environmental stewardship, honesty and integrity, corporate citizenship and a high performance team culture - and aims to give concrete examples of how Marathon is "living our values" through all business endeavors.

Most significantly last year, Marathon conveyed 16 broad goals across the ESGW framework. The 2010 printed report continues the streamlined approach initiated last year, summarizes progress and describes selected activities intended to achieve these goals. Additional information is contained in the  online report.

This is the last report for Marathon as an integrated oil company. Information is presented for the Upstream (exploration and production, integrated gas and oil sands mining) and Downstream (refining, marketing and transportation) operations. Downstream information includes the St. Paul Park, Minnesota, refinery and related assets, the sale of which closed in December 2010.

Marathon uses the Oil & Gas Industry Guidance on Voluntary Sustainability Reporting, published jointly by IPIECA, the American Petroleum Institute (API) and the International Association of Oil & Gas Producers (OGP) to help select indicators to demonstrate non-financial ESGW performance. This Guidance provides a common framework for the petroleum industry to use in reporting non-financial performance. In late 2010, IPIECA, API and OGP issued an update to this Guidance, which Marathon used to report on 2010 ESGW performance. We continue to include quantitative and qualitative metrics to provide relevant and meaningful information about our operations and non-financial performance.

This report has not been evaluated by any third party or external assurance agency, with the exception of the financial and operational highlights excerpted from the 2010 Annual Report on Form 10-K.

Note: IPIECA/API/OGP indicators are noted in bold or italics throughout this report.