Eurogamer reveals that the 4-player co-operative Exterminatus mode for Space Marine will be released for all three platforms on Oct 25, 2011.

The normal multiplayer classes are used in Exterminatus, and experience earned in co-op will apply to your PvP multiplayer profile. There will be two scenarios ("Assault on Hab Center Andreas" and "Escape from Kalkys Facility") where you face Orks and Chaos. Teams will be scored according to general performance and dynamic challenges.

Eurogamer also says there will be future DLC to follow, including both free and paid components.

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