Exhibit 99

              Marine Products Corporation Reports Stock Buyback

    ATLANTA, July 10 /PRNewswire-FirstCall/ -- Marine Products Corporation
(Amex: MPX) today reported that during its fiscal quarter ended June 30, 2003
it had purchased for cash on the open market, and retired, a total of 95,000
shares of its $0.10 par value common stock.  The stock buyback program
authorizes the repurchase of up to one million shares.
    Marine Products Corporation (Amex: MPX) designs, manufactures and
distributes premium-branded Chaparral sterndrive pleasure boats and Robalo
outboard offshore fishing boats, and continues to diversify its product line
through product innovation and strategic acquisition.  With premium brands and
a solid capital structure, Marine Products Corporation is prepared to
capitalize on opportunities to increase its market share and to generate
superior financial performance to build long-term shareholder value.  For more
information on Marine Products Corporation visit www.marineproductscorp.com .

    For information contact:
    BEN M. PALMER                              JIM LANDERS
    Chief Financial Officer                    Corporate Finance
    404.321.7910                               404.321.2162
    irdept@marineproductscorp.com