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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000926851-10-000001.txt : 20100330
<SEC-HEADER>0000926851-10-000001.hdr.sgml : 20100330
<ACCEPTANCE-DATETIME>20100330160059
ACCESSION NUMBER:		0000926851-10-000001
CONFORMED SUBMISSION TYPE:	D/A
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
ITEM INFORMATION:		Investment Company Act Section 3(c)
ITEM INFORMATION:		Section 3(c)(1)
FILED AS OF DATE:		20100330
DATE AS OF CHANGE:		20100330
EFFECTIVENESS DATE:		20100330

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MARATHON-LONDON INTERNATIONAL INVESTMENT TRUST I
		CENTRAL INDEX KEY:			0000926851
		IRS NUMBER:				043237387
		STATE OF INCORPORATION:			NH
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-92685-1N
		FILM NUMBER:		10713904

	BUSINESS ADDRESS:	
		STREET 1:		20 TRAFALGAR SQUARE, SUITE 449
		STREET 2:		SUITE 449
		CITY:			NASHUA
		STATE:			NH
		ZIP:			03063
		BUSINESS PHONE:		(617) 376-4950

	MAIL ADDRESS:	
		STREET 1:		20 TRAFALGAR SQUARE, SUITE 449
		STREET 2:		SUITE 449
		CITY:			NASHUA
		STATE:			NH
		ZIP:			03063

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MARATHON LONDON INTERNATIONAL INVESTMENT TRUST I
		DATE OF NAME CHANGE:	19940714
</SEC-HEADER>
<DOCUMENT>
<TYPE>D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0000926851</cik>
        <entityName>MARATHON-LONDON INTERNATIONAL INVESTMENT TRUST I</entityName>
        <issuerAddress>
            <street1>20 TRAFALGAR SQUARE, SUITE 449</street1>
            <street2>SUITE 449</street2>
            <city>NASHUA</city>
            <stateOrCountry>NH</stateOrCountry>
            <zipCode>03063</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>(617) 376-4950</issuerPhoneNumber>
        <jurisdictionOfInc>NEW HAMPSHIRE</jurisdictionOfInc>
        <edgarPreviousNameList>
            <previousName>MARATHON LONDON INTERNATIONAL INVESTMENT TRUST I</previousName>
        </edgarPreviousNameList>
        <entityType>Other</entityType>
        <entityTypeOtherDesc>Pooled Investment Trust</entityTypeOtherDesc>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>See Clarification</firstName>
                <lastName>See Clarification</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>20 Trafalgar Square</street1>
                <street2>Suite 449</street2>
                <city>Nashua</city>
                <stateOrCountry>NH</stateOrCountry>
                <zipCode>03063</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>State Street Bank and Trust Company of New Hampshire, as Trustee</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>See Clarification</firstName>
                <lastName>See Clarification</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Orion House</street1>
                <street2>5 Upper St. Martin's Lane</street2>
                <city>London</city>
                <stateOrCountry>X0</stateOrCountry>
                <zipCode>WC2H 9EA</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Marathon Asset Management LLP, as Investment Manager</relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
                <investmentFundType>Other Investment Fund</investmentFundType>
                <is40Act>false</is40Act>
            </investmentFundInfo>
        </industryGroup>
        <issuerSize>
            <aggregateNetAssetValueRange>Over $100,000,000</aggregateNetAssetValueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
            <item>3C</item>
            <item>3C.1</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>0000926851-09-000006</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>1994-07-01</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>25000000</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>1366256836</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>49</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>10327876</dollarAmount>
                <isEstimate>true</isEstimate>
            </grossProceedsUsed>
            <clarificationOfResponse>This is an estimate amount of the fees paid to the Investment Manager for the period March, 2009 through March, 2010. The Investment Manager pays the Trustee</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>MARATHON-LONDON INTERNATIONAL INVESTMENT TRUST I</issuerName>
                <signatureName>Steven P. Bouchard</signatureName>
                <nameOfSigner>Steven P. Bouchard</nameOfSigner>
                <signatureTitle>Authorized Officer</signatureTitle>
                <signatureDate>2010-03-30</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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