Forward Looking Statement

Except for historical information, this presentation contains forward-looking information with respect to the timing and levels of the company’s worldwide liquid hydrocarbon and natural gas and condensate production, integrated gas segment earnings, net interest, administrative and exploration expenses, the Alvheim/Vilje development projects and possible Hamsun development, exploration and drilling plans, the re-entry into Libya, the LNG project along with possible expansions and refinery expansions at the Detroit and Garyville facilities. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied from such information. The projected earnings and expense items are preliminary estimates and are subject to change. In accordance with the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, Marathon Oil Corporation has included in its Annual Report on Form 10-K for the year ended December 31, 2004, and in subsequent Forms 10-Q and 8-K, cautionary language identifying important factors, though not necessarily all such factors, that could cause future outcomes to differ materially from those set forth in the forward-looking statements.