Friday, May 09, 2008

Odyssey Marine Exploration Responds To Recent Media Reports Following Spain's Black Swan Shipwreck Press Conference

Tampa, FL - May 8, 2008 - Following a significant amount of international media coverage based on a press conference held by the Spanish Ministry of Culture in Madrid on May 8, 2008, Odyssey Marine Exploration, Inc. (NasdaqCM: OMEX) wishes to publicly address the most frequently asked questions by media and the public.

To clarify, Odyssey was not in attendance at the press conference, which was presided over by representatives of the Spanish government as well as Spain's legal counsel. Our statements are therefore based on media reports of the actual event and Spain's Responses to the Court's Interrogatories that Spain filed in U.S. District Court for the Middle District of Florida on May 8, 2008.

What is Odyssey's point of view regarding Spain's definitive statement that the site code-named "Black Swan" is that of the "Nuestra SeƱora de las Mercedes y las Animas"?


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