Marine Exploration, Inc. Comments about Recent Video Circulating on the Internet

MIAMI--(Business Wire)--
Marine Exploration, Inc. (OTCBB: MEXP) confirms that a video circulating on the
Internet was recently posted to the Company`s message board on Yahoo Finance by
third party sources. The video shows the R/V Hispaniola and Burt Webber's team
over an early 18th Century Spanish galleon shipwreck. The Company is salvaging
the wreck under newly expanded contract terms with the Dominican Republic.

http://finance.yahoo.com/q?s=mexp.ob
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Posting:

Marine Exploration CEO Mark Goldberg states: "We are aware of the Yahoo posting
and Internet video and can confirm that our team, led by Burt Webber, is
currently performing salvage of an early 18th Century Spanish galleon shipwreck.
The salvage is ongoing at this time, and regardless of the wording in the Yahoo
piece, we have neither confirmed nor denied the dollar value of the ornate gold
jewelry, coins, silver, and other items recovered or yet to be recovered. With
safety a primary concern, we will continue our operations and issue near term
updates to the public and our investors."

Marine Exploration, Inc. and joint venture partner Hispaniola Ventures, LLC,
headed by Burt D. Webber, Jr., plan to continue the shipwreck site survey and
salvage and anticipates locating and recovering additional historic shipwrecks
with valuable artifacts and treasure. Working under exclusive contract with the
Dominican Republic, the Company has plans in place to pursue multiple notable
shipwrecks in Dominican Republic territorial and jurisdictional waters.
http://www.mexp.biz/

Forward-Looking Statements

This press release contains statements, which may constitute "forward-looking
statements" within the meaning of the Securities Act of 1933 and the Securities
Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act
of 1995.

Prospective investors are cautioned
(http://www.sec.gov/cgi-bin/browse-edgar?type=424B3&dateb=&owner=include&count=40&action=getcompany&CIK=0001019654)
that any such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, and that actual results may
differ materially from those contemplated by such forward-looking statements.
Important factors currently known to management that could cause actual results
to differ materially from those in forward-looking statements include
fluctuation of operating results, the ability to compete successfully, and the
ability to complete before-mentioned transactions. The Company undertakes no
obligation to update or revise forward-looking statements to reflect changed
assumptions, the occurrence of unanticipated events or changes to future
operating results. To see our website, go to http://www.mexp.biz.

Emerson Gerard Associates
Media Relations Contact:
Jerry Jennings, 561-881-7318
mediareply@emersongerard.com

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