Exhibit 99.1



          Marine Products Corporation Announces Stock Buy-Back Program


ATLANTA,  April 25,  2001 --  Marine  Products  Corporation  (Amex:  MPX)  today
announced  a program of open  market  repurchases  of up to 1 million  shares of
common  stock.  The timing of the purchases and the exact number of shares to be
purchased will depend on future market conditions.

Marine  Products  became a public  company on February 28, 2001, the result of a
tax-free  spin-off  from RPC Inc.  (NYSE:  RES).  Its  wholly  owned  subsidiary
Chaparral Boats,  Inc.  (www.chaparralboats.com),  is the third largest domestic
manufacturer of sterndrive  fiberglass  recreational  boats. The company designs
and  produces  a  comprehensive  range  of boats  from 18 to 35 feet in  length,
including Signature cruisers, SSi sport boats, and Sunesta deck boats. Chaparral
is  recognized  as one of the  leading  boatbuilders  in the  United  States  as
evidenced by twenty-two  Powerboat  Magazine awards for product excellence since
1981, including eight coveted boat of the year titles.



SOURCE: Marine Products Corporation







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