Exhibit 99 [LOGO] MARINE PRODUCTS CORPORATION FOR IMMEDIATE RELEASE - --------------------- Marine Products Corporation Announces Share Repurchases in the Second Quarter of 2006 ----------------------------------------------- ATLANTA, July 13, 2006 -- Marine Products Corporation (NYSE: MPX) announced today that during the second quarter of 2006 it purchased 15,707 shares under its share repurchase program. 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 Palmer Chief Financial Officer 404.321.7910 irdept@marineproductscorp.com Jim Landers Corporate Finance 404.321.2162 jlanders@marineproductscorp.com