Exhibit 99

FOR IMMEDIATE RELEASE

       Marine Products Corporation Announces New Share Repurchase Plan to
                     Replace Previous Share Repurchase Plan

ATLANTA, September 15, 2005 -- Marine Products Corporation (NYSE: MPX) announced
today that on September 14, 2005, its Board of Directors approved a program
authorizing the repurchase of up to 3,000,000 shares of its common stock. This
program replaces a previous program authorized on April 25, 2001, and the new
program does not have an expiration date. Marine Products Corporation plans to
repurchase shares at times and prices considered appropriate by the Company.

Marine Products is a leading manufacturer of fiberglass boats, including
Chaparral pleasure boats and Robalo sport fishing boats. Marine Products
Corporation's investor Web site can be found on the Internet at
http://www.marineproductscorp.com.

Statements in this press release regarding potential repurchases of Company
common stock are forward looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. The timing and amount of future stock
repurchases are subject to a number of uncertainties, including market
conditions, the Company's liquidity and financial position, and applicable laws
and regulations.

For information about Marine Products Corporation please contact:

Ben Palmer
Chief Financial Officer
404.321.7910
irdept@marineproductscorp.com

Jim Landers
Corporate Finance
404.321.2162
jlanders@marineproductscorp.com