Exhibit 99 [LOGO] MARINE PRODUCTS CORPORATION FOR IMMEDIATE RELEASE Marine Products Corporation Announces Third Quarter Cash Dividend ----------------------------------------------------------------- ATLANTA, October 26, 2005 -- The Marine Products Corporation (NYSE: MPX) Board of Directors declared a regular quarterly cash dividend of $0.04 per share payable December 12, 2005 to common shareholders of record at the close of business on November 11, 2005. 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. For information about Marine Products Corporation please contact: Ben M. Palmer Chief Financial Officer 404.321.7910 irdept@marineproductscorp.com Jim Landers Corporate Finance 404.321.2162 jlanders@marineproductscorp.com