Marathon Project accepted into MPMO Projects List

     TORONTO, Dec. 11 /CNW/ - Marathon PGM Corporation ("Marathon" or "the
Company", MAR-TSX) is pleased to announce the Marathon PGM-Cu Project has been
officially accepted into the Major Project Management Office ("MPMO")
Initiative.

     MPMO

     The MPMO is a Government of Canada organization whose role is to provide
overarching project management and accountability for major resource projects
in the federal regulatory review process and to facilitate improvements to the
regulatory system for major resource projects. The MPMO, which works
collaboratively with other federal departments and agencies, serves as a
single window into the federal regulatory process.
     Phillip Walford, President and CEO, noted "We are very pleased about the
Project being accepted through the MPMO Initiative, as it represents an
important step in the permitting process, as well as in the overall
development of the Marathon property. As the permitting is expected to take
approximately 2 years to complete, we now have our timelines clearly set."
     Marathon is presently completing a Definitive Feasibility Study on the
Project and carrying out environmental and permitting related activities that
are required as part of the mine's development. Marathon initiated baseline
environmental data collections more than 3 years ago. These data, along with
data generated from ongoing sampling programs, will facilitate rapid
completion of the documentation needed to fulfill the approval process
requirements of both the Federal and Provincial Agencies.
     Ray Mason, VP of Operations stated "Marathon is dedicated to meet and
exceed the high levels of environmental stewardship that are required to
enable this Project to advance towards production. We welcome our addition to
the MPMO Initiative and look forward to working with MPMO staff as we progress
through the federal regulatory approval process."

     About Marathon PGM Corporation:

     Marathon is in the process of completing a Definitive Feasibility Study
on the Marathon PGM-Cu deposit. Marathon also has development and exploration
stage properties in southeastern Manitoba and western Newfoundland and
Labrador. Marathon's management plans to build on this focus through the
advancement of its properties, focusing on resource development and by
examining other strategic PGM and base metal opportunities within Canada.

     Cautionary Statement Regarding Forward Looking Information:

     Except for statements of historical fact relating to the Company, certain
information contained herein constitutes "forward-looking statements".
Forward-looking statements are frequently characterized by words such as
"plan," "expect," "project," "intend," "believe," "anticipate" and other
similar words, or statements that certain events or conditions "may" or "will"
occur. Forward-looking statements are based on the opinions and estimates of
management at the date the statements are made and are subject to a variety of
risks and uncertainties and other factors that could cause actual events or
results to differ materially from those projected in the forward-looking
statements. These risks and uncertainties include but are not limited to those
identified and reported in Management's Discussion and Analysis for the year
ended December 31, 2007. Circumstances or management's estimates or opinions
could change, and management disclaims any obligation to revise or update
forward-looking statements, whether for new information, future events or
otherwise. The reader is cautioned not to place undue reliance on
forward-looking statements.

     On Behalf of Marathon PGM:
     "Phillip C. Walford"
     Phillip C. Walford, P.Geo.
     President, Chief Executive Officer
     Tel: +1.416.987.0711
     gen@marathonpgm.com

     %SEDAR: 00020574E

For further information: David Leng, P.Geo: Tel: (416) 849-3432, Fax: (416)
861-1925, dleng@marathonpgm.com