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Jeff K

10/22/08 4:21 PM

#1191 RE: capt AL #1190

MIAMI, FL--(MARKET WIRE)--Oct 22, 2008 -- Marine Exploration, Inc. (Other OTC:MEXP.PK - News) announced today that it has reached its first financing milestone, exceeding $2mil invested. This funding will allow MEXP to commence its treasure surveying and salvaging activities in the Caribbean. The ship is finishing its refit and is expected to set sail to the Dominican Republic in the near future.