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2017-01-27

Marathon Petroleum Corporation: Marathon Petroleum Corp. announces dividend

FINDLAY, Ohio, Jan. 27, 2017 - Marathon Petroleum Corporation (NYSE: MPC)
announced today that its board of directors declared a dividend of $0.36 per
share on common stock. The dividend is payable March 10, 2017, to
shareholders of record as of the close of business Feb. 16, 2017.
On Feb. 1, MPC will provide an update on its 2016 fourth-quarter and full-year
results through an earnings release, to be followed by a conference call
scheduled for 9 a.m. EST that day. Interested parties may listen to the
conference call by dialing 1-800-447-0521 (confirmation number 44084607) or
by visiting MPC's website at http://www.marathonpetroleum.com and clicking on
the "2016 Fourth-Quarter and Full-Year Financial Results" link.

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About Marathon Petroleum Corporation
MPC is the nation's third-largest refiner, with a crude oil refining capacity
of approximately 1.8 million barrels per calendar day in its seven-refinery
system. Marathon brand gasoline is sold through approximately 5,500
independently owned retail outlets across 19 states. In addition, Speedway
LLC, an MPC subsidiary, owns and operates the nation's second-largest
convenience store chain, with approximately 2,730 convenience stores in 21
states. MPC owns, leases or has ownership interests in approximately 8,400
miles of crude and light product pipelines and more than 5,600 miles of gas
gathering and natural gas liquids (NGL) pipelines. MPC also has ownership
interests in 54 gas processing plants, 13 NGL fractionation facilities and
two condensate stabilization facilities. Through subsidiaries, MPC owns the
general partner of MPLX LP, a midstream master limited partnership. MPC's
fully integrated system provides operational flexibility to move crude oil,
NGLs, feedstocks and petroleum-related products efficiently through the
company's distribution network and midstream service businesses in the
Midwest, Northeast, East Coast, Southeast and Gulf Coast regions.

Investor Relations Contacts:

Lisa D. Wilson (419) 421-2071
Denice Myers (419) 421-2965
Doug Wendt (419) 421-2423

Media Contacts:

Chuck Rice (419) 421-2521
Jamal Kheiry (419) 421-3312

MPC Dividend - 2016 4Q
http://hugin.info/147922/R/2074079/779694.pdf

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Marathon Petroleum Corporation via Globenewswire

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