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Marathon and Partners Announce $28 Million, 5-Year Extension of Life Saving Malaria Control Project in Equatorial Guinea
Date:9/25/2008

ren aged 2 to 15 infected with malaria parasites,

-- 85 percent reduction in reported malaria cases in government health facilities,

-- 95 percent reduction in the number of mosquitoes infected with the malaria parasite based on specimens collected from window traps, and

-- 73 percent of children aged 2 to 15 reported sleeping under an insecticide treated bed net the night before the surveys, exceeding the Abuja Declaration targets.

The $28 million co-investment will jump-start a capital campaign orchestrated by the Global Business Coalition on HIV/AIDS, TB and Malaria, Malaria No More and the UN Foundation which leverages the leadership of the world's most prominent business leaders to raise $100 million by the end of 2010.

"Thanks to Marathon Oil Corporation's commitment, malaria is in retreat in Equatorial Guinea," said Global Business Coalition Chairman Sir Mark Moody-Stuart. "They already have nearly wiped out the disease on Bioko Island. This co-investment will produce an even deeper, closer and better financed partnership. There's every reason to believe this will keep people more healthy throughout the entire country. I hope governments around the world are paying attention. Business is ready to be your partner in this fight. We know this works."

According to estimates from international organizations, prior to the BIMCP, malaria accounted for approximately 40 percent of all deaths among children under the age of 5 and a comparable high percentage of all illnesses on Bioko Island. Marathon and its partners consulted global public health experts, who concluded that a dramatic reduction in malaria transmission would significantly improve the health status of the population and reduce the heavy economic burden associated with the disease, thus contributing to economic development in the country.

In an effort to build the strong institutional configuration necessary to assure the success of such a complex undertak
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SOURCE Marathon Oil Corporation
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