<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>e15253ex_99.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>
                                                                      Exhibit 99

       Marine Products Corporation Announces Second Quarter Cash Dividend

      ATLANTA, July 23 /PRNewswire-FirstCall/ -- The Marine Products Corporation
(Amex: MPX) Board of Directors declared a regular quarterly cash dividend of
$0.04 per share payable September 10, 2003 to common shareholders of record at
the close of business August 11, 2003.

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

      For information contact:

      BEN M. PALMER
      Chief Financial Officer
      404.321.7910
      irdept@marineproductscorp.com

      JIM LANDERS
      Corporate Finance
      404.321.2162

SOURCE  Marine Products Corporation

    -0-                             07/23/2003

    /CONTACT:  Ben M. Palmer, Chief Financial Officer, +1-404-321-7910, or
irdept@marineproductscorp.com , or Jim Landers, Corporate Finance,
+1-404-321-2162, both of Marine Products Corporation/
    /Web site:  http://www.marineproductscorp.com /

    (MPX)

CO:  Marine Products Corporation
ST:  Georgia
IN:  MAR
SU:  DIV

</TEXT>
</DOCUMENT>
