<SEC-DOCUMENT>0001144204-17-053957.txt : 20171025
<SEC-HEADER>0001144204-17-053957.hdr.sgml : 20171025
<ACCEPTANCE-DATETIME>20171025070024
ACCESSION NUMBER:		0001144204-17-053957
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20171025
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20171025
DATE AS OF CHANGE:		20171025

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MARINE PRODUCTS CORP
		CENTRAL INDEX KEY:			0001129155
		STANDARD INDUSTRIAL CLASSIFICATION:	SHIP & BOAT BUILDING & REPAIRING [3730]
		IRS NUMBER:				582572419
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-16263
		FILM NUMBER:		171152044

	BUSINESS ADDRESS:	
		STREET 1:		2801 BUFORD HIGHWAY NE, SUITE 520
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30329
		BUSINESS PHONE:		404-321-2140

	MAIL ADDRESS:	
		STREET 1:		2801 BUFORD HIGHWAY NE, SUITE 520
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30329
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>tv477567_8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 0pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt"><B>UNITED
STATES</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt"><B>SECURITIES
AND EXCHANGE COMMISSION</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-variant: small-caps"><B>washington,
d.c. 20549</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER" STYLE="margin-top: 0pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 50%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER" STYLE="margin-top: 0pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 50%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 12pt"><B>CURRENT REPORT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 12pt"><B>PURSUANT TO
SECTION 13 OR 15(d) OF THE</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 12pt"><B>SECURITIES
EXCHANGE ACT OF 1934</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 12pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Date of Report (Date of earliest event reported):
October 25, 2017</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 14pt"><B>MARINE PRODUCTS
CORPORATION</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Exact name of registrant as specified in its
charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER" STYLE="margin-top: 0pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 50%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 34%; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Delaware</B></FONT></TD>
    <TD STYLE="width: 33%; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>1-16263</B></FONT></TD>
    <TD STYLE="width: 33%; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>58-2572419</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(State or Other Jurisdiction</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">of Incorporation)</P></TD>
    <TD STYLE="font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">(Commission File Number)</FONT></TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(IRS Employer</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Identification No.)</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">2801 Buford Highway NE, Suite 520, Atlanta,
Georgia 30329</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Address of principal executive office) (zip
code)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Registrant's telephone number, including
area code: (404) 321-7910</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Check the appropriate box below if the Form
8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions
(see General Instruction A.2. below):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></TD><TD STYLE="text-align: justify">Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></TD><TD STYLE="text-align: justify">Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></TD><TD STYLE="text-align: justify">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></TD><TD STYLE="text-align: justify">Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&sect;230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (&sect;240.12b-2 of this chapter).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Emerging growth company <FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If an emerging growth company, indicate by
check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. <FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 0pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 2pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Gainsboro 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Item 2.02 Results of Operations and Financial
Condition.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Courier; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On October
25, 2017, Marine Products Corporation issued a press release titled &quot;Marine Products Corporation Reports Third Quarter 2017
Financial Results,&quot; that announced the financial results for the third quarter ended September 30, 2017.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Item 9.01 Financial Statements and Exhibits.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: left">(d)</TD><TD STYLE="text-align: justify">Exhibits.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt"><A HREF="tv477567_ex99.htm" STYLE="-sec-extract: exhibit">Exhibit 99 - Press Release dated October 25, 2017.</A></FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 2; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Gainsboro 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence -->-</TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: justify">Pursuant to the requirements
of the Securities Exchange Act of 1934, Marine Products Corporation has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 50%">Marine Products Corporation</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Date:&nbsp;&nbsp;October 25, 2017</TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ Ben M. Palmer</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Ben M. Palmer</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Vice President,</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Chief Financial Officer and Treasurer</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 3; Options: Last -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Gainsboro 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence -->-</TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>tv477567_ex99.htm
<DESCRIPTION>EXHIBIT 99
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Exhibit 99</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: left"><IMG SRC="tv477567_ex99img1.jpg" ALT=""><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marine
Products Corporation Reports Third Quarter 2017 Financial Results</FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">ATLANTA, October 25, 2017 &ndash; Marine Products Corporation (NYSE:
MPX) announced its unaudited results for the quarter ended September 30, 2017. Marine Products is a leading manufacturer of fiberglass
boats under two brand names: Chaparral and Robalo. Chaparral&rsquo;s sterndrive models include H2O Sport and Ski &amp; Fish Boats,
SSi and SSX Sportboats, Sunesta Sportdecks and Signature Cruisers. In addition, Chaparral manufactures SunCoast Sportdeck outboards,
Vortex Jet Boats and the Surf Series of Chaparral SSi and SSX Sportboats and Sunesta Sportdecks. Robalo builds outboard sport fishing
boats which include center console, dual console, walkaround cabin and Cayman bay boat models.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">For the quarter ended September 30, 2017, Marine
Products generated net sales of $59,201,000, a 6.9 percent increase, compared to $55,361,000 in the same period of the prior year.
The increase in net sales was due to a 5.7 percent increase in the average selling price per boat as well as an increase in parts
and accessories sales. Consolidated unit sales were unchanged for the quarter compared to the prior year. During the quarter we
generated higher unit sales in our Robalo sport fishing boats and several of our larger Chaparral models, offset by continued weakness
in industry-wide sterndrive sales. Average selling prices increased during the quarter due to a model mix which included larger
boats.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">Gross profit for the quarter was $13,461,000,
a 14.4 percent increase compared to gross profit of $11,768,000 in the same period of the prior year. Gross profit for the third
quarter increased compared to the prior year due to higher net sales and improved profitability. Gross margin was 22.7 percent
in the third quarter of 2017, compared to 21.3 percent in 2016. Gross margin improved during the third quarter of 2017 as compared
to the prior year due to the increase in average selling prices and improved manufacturing efficiencies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Operating profit for the quarter was $6,669,000, an increase of
22.1 percent, compared to $5,461,000 in the third quarter of last year. Selling, general and administrative expenses were $6,792,000
in the third quarter of 2017, an increase of 7.7 percent compared to the third quarter of 2016. Selling, general and administrative
expenses increased compared to the prior year due primarily to higher incentive compensation consistent with improved results.
Selling, general and administrative expenses were 11.5 percent of net sales during the third quarter of 2017, comparable to the
same period of the prior year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Net income for the quarter ended September 30, 2017 was $4,564,000,
an increase of $280,000 or 6.5 percent, compared to net income of $4,284,000 for the third quarter of 2016. The effective income
tax rate for the third quarter of 2017 was 32.4 percent, compared to 23.3 percent in the third quarter of 2016. The lower effective
tax rate in the third quarter of 2016 was due to tax planning that generated tax benefits. Diluted earnings per share were $0.13
in the third quarter of 2017, an increase of $0.02 per share compared to the third quarter of the prior year. Diluted earnings
per share increased due to higher net income as well as a lower share count resulting from the Company&rsquo;s open market share
repurchases and partial tender offer conducted during the past year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Net sales for the nine months ended September 30, 2017 were $201,725,000,
an increase of 9.6 percent compared to the first nine months of 2016. Net income for the nine-month period increased by 22.4 percent
to $15,944,000 or $0.46 diluted earnings per share, compared to net income of $13,023,000, or $0.34 diluted earnings per share
in the prior year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Gainsboro 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Page 2</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Third Quarter 2017 Earnings Press Release</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Richard A. Hubbell, Marine Products&rsquo; President and Chief Executive
Officer stated, &ldquo;Our third quarter 2017 financial results were driven by continued improvement in sales of our Robalo outboard
sport fishing boats and selected Chaparral models such as our popular new Chaparral Surf Series, offset by continued weakness in
the sterndrive recreational boat market. Average selling prices improved due to a favorable model mix which featured larger models.
Industry-wide retail sales continued to be strong during the quarter, although the long-term weakness in U.S. domestic sterndrive
sales and the international markets have continued thus far during the second half of 2017. Also, we noted that our sales for the
third quarter were negatively impacted by approximately three percent due to manufacturing plant closures and delayed deliveries
resulting from Hurricane Irma, which impacted our manufacturing operations late in the third quarter. Delayed shipments due to
the hurricane occurred early in the fourth quarter of 2017.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">We are pleased to report continued market share gains in both our
sterndrive and outboard sport fishing boat product lines. For the 12-month period ending in June 2017, Chaparral&rsquo;s market
share increased to 16.0 percent of the sterndrive market in its size category, and Robalo&rsquo;s market share increased to 5.2
percent of its market, and was the fourth largest brand in this category. At the end of the third quarter of 2017, our dealer inventory
levels were lower than at the end of the second quarter as our dealers sold large numbers of boats to their retail customers through
the end of the 2017 retail selling season while continuing to accept our shipments,&rdquo; concluded Hubbell.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: left"><FONT STYLE="font-weight: normal; text-transform: none">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Marine Products Corporation will hold a conference call today, October
25, 2017 at 8:00 a.m. Eastern Time to discuss the results for the quarter. Interested parties may listen in by accessing a live
webcast in the investor relations section of Marine Products&rsquo; website at www.marineproductscorp.com. The live conference
call can also be accessed by calling (800) 239-9838 or (323) 794-2551 for international callers and using the conference ID #4477324.
A replay will be available in the investor relations section of Marine Products&rsquo; website beginning approximately two hours
after the call.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: left"><FONT STYLE="font-weight: normal; text-transform: none">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: left"><FONT STYLE="font-weight: normal; text-transform: none">Marine
Products Corporation (NYSE: MPX) designs, manufactures and distributes premium-branded Chaparral sterndrive, jet drive and outboard
pleasure boats, and Robalo outboard sport fishing boats.&nbsp; The Company continues to diversify its product lines through product
innovation.&nbsp; With premium brands, a solid capital structure, and a strong independent dealer network, Marine Products Corporation
is prepared to capitalize on opportunities to increase its market share and to generate superior financial performance to build
long-term shareholder value.&nbsp; For more information on Marine Products Corporation visit our website at www.marineproductscorp.com.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Certain statements and information included in this press release
constitute &quot;forward-looking statements&quot; within the meaning of the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements include statements that look forward in time or express management&rsquo;s beliefs, expectations or
hopes. In particular, such statements include, without limitation, our belief that we are prepared to capitalize on opportunities
to increase our market share and generate superior financial performance to build long-term shareholder value. These statements
involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements
of Marine Products Corporation to be materially different from any future results, performance or achievements expressed or implied
in such forward-looking statements. These risks include possible decreases in the level of consumer confidence and available funds
impacting discretionary spending, increased interest rates and fuel prices, weather conditions, changes in consumer preferences,
deterioration in the quality of Marine Products&rsquo; network of independent boat dealers or availability of financing of their
inventory, continued weakness in the sterndrive recreational boat market, and competition from other boat manufacturers and dealers.
Additional discussion of factors that could cause the actual results to differ materially from management's projections, forecasts,
estimates and expectations is contained in Marine Products' Form 10-K, filed with the Securities and Exchange Commission for the
year ending December 31, 2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">For information contact:</FONT></TD>
    <TD STYLE="width: 50%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">BEN M. PALMER</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">JIM LANDERS</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">Chief Financial Officer</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">Vice President, Corporate Finance</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">(404) 321-7910</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">(404) 321-2162</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>irdept@marineproductscorp.com</U></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>jlanders@marineproductscorp.com</U></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Gainsboro 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Page 3</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">Third Quarter 2017 Earnings Press Release</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="25" NOWRAP STYLE="font-weight: bold; border-bottom: Black 2px solid">MARINE PRODUCTS CORPORATION AND SUBSIDIARIES</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="25" NOWRAP STYLE="font-weight: normal; border-bottom: Black 2px solid; text-decoration: none; font-style: normal"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CONSOLIDATED
    STATEMENTS OF OPERATIONS </B>&nbsp;<FONT STYLE="font-weight: normal"><I>(In thousands except per share data)</I></FONT></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="border-bottom: Black 2px solid">Periods ended September 30, (Unaudited)</TD><TD NOWRAP STYLE="font-weight: bold; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD COLSPAN="6" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 2px solid">Third Quarter</TD><TD NOWRAP STYLE="font-weight: bold; border-bottom: Black 2px solid">&nbsp;</TD><TD NOWRAP STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="text-align: center; border-bottom: Black 2px solid">&nbsp;</TD><TD NOWRAP STYLE="border-bottom: Black 2px solid">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 2px">&nbsp;</TD>
    <TD COLSPAN="10" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 2px solid">Nine Months</TD><TD NOWRAP STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="border-bottom: Black 2px solid">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 2px solid">2017</TD><TD NOWRAP STYLE="font-weight: bold; border-bottom: Black 2px solid">&nbsp;</TD><TD NOWRAP STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="text-align: center; border-bottom: Black 2px solid">2016</TD><TD NOWRAP STYLE="border-bottom: Black 2px solid">&nbsp;</TD><TD NOWRAP STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="text-align: center; border-bottom: Black 2px solid">% BETTER<BR> (WORSE)</TD><TD NOWRAP STYLE="border-bottom: Black 2px solid">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 2px">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 2px solid">2017</TD><TD NOWRAP STYLE="font-weight: bold; border-bottom: Black 2px solid">&nbsp;</TD><TD NOWRAP STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="text-align: center; border-bottom: Black 2px solid">2016</TD><TD NOWRAP STYLE="border-bottom: Black 2px solid">&nbsp;</TD><TD NOWRAP STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="text-align: center; border-bottom: Black 2px solid">% BETTER<BR>
(WORSE)</TD><TD NOWRAP STYLE="border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 40%; font-weight: bold; text-align: left">Net Sales</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 7%; text-align: right"><B>59,201</B></TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 7%; text-align: right">55,361</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 7%; text-align: right">6.9</TD><TD STYLE="width: 1%; text-align: left">%</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 7%; text-align: right"><B>201,725</B></TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 7%; text-align: right">184,092</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 7%; text-align: right">9.6</TD><TD STYLE="width: 1%; text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; border-bottom: Black 2px solid">Cost of Goods Sold</TD><TD STYLE="font-weight: bold; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2px solid">45,740</TD><TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2px solid">43,593</TD><TD STYLE="text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2px solid">(4.9</TD><TD STYLE="text-align: left; border-bottom: Black 2px solid">)</TD><TD STYLE="font-weight: bold; padding-bottom: 2px">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2px solid">157,071</TD><TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2px solid">145,828</TD><TD STYLE="text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2px solid">(7.7</TD><TD STYLE="text-align: left; border-bottom: Black 2px solid">)</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left">Gross Profit</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">13,461</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">11,768</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">14.4</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">44,654</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">38,264</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">16.7</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; border-bottom: Black 2px solid">Selling, General and Administrative Expenses</TD><TD STYLE="font-weight: bold; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2px solid">6,792</TD><TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2px solid">6,307</TD><TD STYLE="text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2px solid">(7.7</TD><TD STYLE="text-align: left; border-bottom: Black 2px solid">)</TD><TD STYLE="font-weight: bold; padding-bottom: 2px">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2px solid">22,365</TD><TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2px solid">20,446</TD><TD STYLE="text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2px solid">(9.4</TD><TD STYLE="text-align: left; border-bottom: Black 2px solid">)</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left">Operating Profit</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">6,669</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5,461</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">22.1</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">22,289</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">17,818</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">25.1</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; border-bottom: Black 2px solid">Interest Income</TD><TD STYLE="font-weight: bold; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2px solid">81</TD><TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2px solid">121</TD><TD STYLE="text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2px solid">(33.1</TD><TD STYLE="text-align: left; border-bottom: Black 2px solid">)</TD><TD STYLE="font-weight: bold; padding-bottom: 2px">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2px solid">189</TD><TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2px solid">364</TD><TD STYLE="text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2px solid">(48.1</TD><TD STYLE="text-align: left; border-bottom: Black 2px solid">)</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left">Income Before Income Taxes</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">6,750</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5,582</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">20.9</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">22,478</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">18,182</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">23.6</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; border-bottom: Black 2px solid">Income Tax Provision</TD><TD STYLE="font-weight: bold; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2px solid">2,186</TD><TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2px solid">1,298</TD><TD STYLE="text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2px solid">(68.4</TD><TD STYLE="text-align: left; border-bottom: Black 2px solid">)</TD><TD STYLE="font-weight: bold; padding-bottom: 2px">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2px solid">6,534</TD><TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2px solid">5,159</TD><TD STYLE="text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2px solid">(26.7</TD><TD STYLE="text-align: left; border-bottom: Black 2px solid">)</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 4px double">Net Income</TD><TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 4px double">$</TD><TD STYLE="text-align: right; border-bottom: Black 4px double"><B>4,564</B></TD><TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 4px double">$</TD><TD STYLE="text-align: right; border-bottom: Black 4px double">4,284</TD><TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 4px double">6.5</TD><TD STYLE="text-align: left; border-bottom: Black 4px double">%</TD><TD STYLE="padding-bottom: 4px">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 4px double">$</TD><TD STYLE="text-align: right; border-bottom: Black 4px double"><B>15,944</B></TD><TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 4px double">$</TD><TD STYLE="text-align: right; border-bottom: Black 4px double">13,023</TD><TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 4px double">22.4</TD><TD STYLE="text-align: left; border-bottom: Black 4px double">%</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">EARNINGS PER SHARE</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 9pt; padding-bottom: 4px">Basic</TD><TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 4px double">$</TD><TD STYLE="text-align: right; border-bottom: Black 4px double"><B>0.13</B></TD><TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 4px double">$</TD><TD STYLE="text-align: right; border-bottom: Black 4px double">0.11</TD><TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 4px double">18.2</TD><TD STYLE="text-align: left; border-bottom: Black 4px double">%</TD><TD STYLE="padding-bottom: 4px">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 4px double">$</TD><TD STYLE="text-align: right; border-bottom: Black 4px double"><B>0.46</B></TD><TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 4px double">$</TD><TD STYLE="text-align: right; border-bottom: Black 4px double">0.34</TD><TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 4px double">35.3</TD><TD STYLE="text-align: left; border-bottom: Black 4px double">%</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 9pt; padding-bottom: 4px">Diluted</TD><TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 4px double">$</TD><TD STYLE="text-align: right; border-bottom: Black 4px double"><B>0.13</B></TD><TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 4px double">$</TD><TD STYLE="text-align: right; border-bottom: Black 4px double">0.11</TD><TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 4px double">18.2</TD><TD STYLE="text-align: left; border-bottom: Black 4px double">%</TD><TD STYLE="padding-bottom: 4px">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 4px double">$</TD><TD STYLE="text-align: right; border-bottom: Black 4px double"><B>0.46</B></TD><TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 4px double">$</TD><TD STYLE="text-align: right; border-bottom: Black 4px double">0.34</TD><TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 4px double">35.3</TD><TD STYLE="text-align: left; border-bottom: Black 4px double">%</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">AVERAGE SHARES OUTSTANDING</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 9pt; padding-bottom: 4px">Basic</TD><TD STYLE="font-weight: bold; border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 4px double">34,829</TD><TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 4px double">38,355</TD><TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="padding-bottom: 4px">&nbsp;</TD>
    <TD STYLE="text-align: left; padding-bottom: 4px">&nbsp;</TD><TD STYLE="text-align: right; padding-bottom: 4px">&nbsp;</TD><TD STYLE="text-align: left; padding-bottom: 4px">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 4px">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 4px double">34,898</TD><TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 4px double">38,339</TD><TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="padding-bottom: 4px">&nbsp;</TD>
    <TD STYLE="text-align: left; padding-bottom: 4px">&nbsp;</TD><TD STYLE="text-align: right; padding-bottom: 4px">&nbsp;</TD><TD STYLE="text-align: left; padding-bottom: 4px">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 9pt; padding-bottom: 4px">Diluted</TD><TD STYLE="font-weight: bold; border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 4px double">34,829</TD><TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 4px double">38,355</TD><TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="padding-bottom: 4px">&nbsp;</TD>
    <TD STYLE="text-align: left; padding-bottom: 4px">&nbsp;</TD><TD STYLE="text-align: right; padding-bottom: 4px">&nbsp;</TD><TD STYLE="text-align: left; padding-bottom: 4px">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 4px">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 4px double">34,898</TD><TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 4px double">38,339</TD><TD STYLE="text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="padding-bottom: 4px"><I>&nbsp;</I></TD>
    <TD STYLE="text-align: left; padding-bottom: 4px">&nbsp;</TD><TD STYLE="text-align: right; padding-bottom: 4px">&nbsp;</TD><TD STYLE="text-align: left; padding-bottom: 4px">&nbsp;</TD></TR>
</TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Gainsboro 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Page 4</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">Third Quarter 2017 Earnings Press Release</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="9" NOWRAP STYLE="font-weight: bold; border-bottom: Black 2px solid">MARINE PRODUCTS CORPORATION AND SUBSIDIARIES</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="9" NOWRAP STYLE="font-weight: bold; border-bottom: Black 2px solid">CONSOLIDATED BALANCE&nbsp;&nbsp;SHEETS</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="border-bottom: Black 2px solid">At September 30, (Unaudited)</TD><TD NOWRAP STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD COLSPAN="6" NOWRAP STYLE="text-align: center; border-bottom: Black 2px solid">(in thousands)</TD><TD NOWRAP STYLE="padding-bottom: 1pt; border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="border-bottom: Black 2px solid">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 2px solid">2017</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold; border-bottom: Black 2px solid">&nbsp;</TD><TD NOWRAP STYLE="font-weight: bold; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 2px solid">2016</TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold; border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">ASSETS</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 70%; text-align: left">Cash and cash equivalents</TD><TD STYLE="width: 1%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 1%; font-weight: bold; text-align: left">$</TD><TD STYLE="width: 12%; font-weight: bold; text-align: right">4,052</TD><TD STYLE="width: 1%; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 12%; text-align: right">5,182</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left">Marketable securities</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">3,329</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">11,516</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left">Accounts receivable, net</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">7,438</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">6,040</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Inventories</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">41,442</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">37,698</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left">Income taxes receivable</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">995</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">520</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding-bottom: 1pt; border-bottom: Black 2px solid">Prepaid expenses and other current assets</TD><TD STYLE="font-weight: bold; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2px solid">1,466</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2px solid">1,734</TD><TD STYLE="padding-bottom: 1pt; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 9pt; border-bottom: Black 2px solid">Total current assets</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2px solid">58,722</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2px solid"><FONT STYLE="font-weight: normal; font-style: normal">62,690</FONT></TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left">Property, plant and equipment, net</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">13,742</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">13,229</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Goodwill</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">3,308</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3,308</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left">Other intangibles, net</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">465</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">465</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left">Marketable securities</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">10,177</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">30,183</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left">Deferred income taxes</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">5,481</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">4,570</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding-bottom: 1pt; border-bottom: Black 2px solid">Other assets</TD><TD STYLE="font-weight: bold; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2px solid">9,197</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2px solid">9,128</TD><TD STYLE="padding-bottom: 1pt; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 9pt; border-bottom: Black 4px double">Total assets</TD><TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 9pt; border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left; border-bottom: Black 4px double">$</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 4px double">101,092</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left; border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left; border-bottom: Black 4px double"><FONT STYLE="font-weight: normal; font-style: normal">$</FONT></TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 4px double"><FONT STYLE="font-weight: normal; font-style: normal">123,573</FONT></TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 4px double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: left">LIABILITIES AND STOCKHOLDERS' EQUITY</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left">Accounts payable</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">$</TD><TD STYLE="font-weight: bold; text-align: right">8,278</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">9,128</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding-bottom: 1pt; border-bottom: Black 2px solid">Accrued expenses and other liabilities</TD><TD STYLE="font-weight: bold; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2px solid">13,625</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2px solid">11,212</TD><TD STYLE="padding-bottom: 1pt; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding-left: 9pt">Total current liabilities</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">21,903</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">20,340</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left">Long-term pension liabilities</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">6,466</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5,497</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding-bottom: 1pt; border-bottom: Black 2px solid">Other long-term liabilities</TD><TD STYLE="font-weight: bold; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2px solid">57</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2px solid">68</TD><TD STYLE="padding-bottom: 1pt; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 9pt; border-bottom: Black 2px solid">Total liabilities</TD><TD STYLE="font-weight: bold; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2px solid">28,426</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2px solid">25,905</TD><TD STYLE="padding-bottom: 1pt; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left">Common stock</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">3,478</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3,836</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Capital in excess of par value</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">-</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5,107</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left">Retained earnings</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">71,281</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">90,546</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding-bottom: 1pt; border-bottom: Black 2px solid">Accumulated other comprehensive loss</TD><TD STYLE="font-weight: bold; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2px solid">(2,093</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left; border-bottom: Black 2px solid">)</TD><TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2px solid">(1,821</TD><TD STYLE="padding-bottom: 1pt; text-align: left; border-bottom: Black 2px solid">)</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 9pt; border-bottom: Black 2px solid">Total stockholders' equity</TD><TD STYLE="font-weight: bold; border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 2px solid">72,666</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2px solid">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2px solid">97,668</TD><TD STYLE="padding-bottom: 1pt; text-align: left; border-bottom: Black 2px solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; padding-bottom: 2.5pt; padding-left: 9pt; border-bottom: Black 4px double">Total liabilities and stockholders' equity</TD><TD STYLE="font-weight: bold; border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; font-weight: bold; text-align: left; border-bottom: Black 4px double">$</TD><TD STYLE="font-weight: bold; text-align: right; border-bottom: Black 4px double">101,092</TD><TD STYLE="padding-bottom: 2.5pt; font-weight: bold; text-align: left; border-bottom: Black 4px double">&nbsp;</TD><TD STYLE="border-bottom: Black 4px double">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left; border-bottom: Black 4px double">$</TD><TD STYLE="text-align: right; border-bottom: Black 4px double">123,573</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left; border-bottom: Black 4px double">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 4; Options: Last -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Gainsboro 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>tv477567_ex99img1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tv477567_ex99img1.jpg
M_]C_X  02D9)1@ ! @  9 !D  #_[  11'5C:WD  0 $    9   _^X #D%D
M;V)E &3      ?_; (0  0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0(" @(" @(" @(" P,# P,# P,# P$! 0$! 0$" 0$"
M @(! @(# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,#
M P,# P,# P,#_\  $0@ 1 #_ P$1  (1 0,1 ?_$ +H   $$ P # 0
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M\IGCL37%L/+W"7N%4]DW;9O=1%0!V /D$:F0,&_\0#V_MT@_Z@X5.7YM3?\
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MLV7KG/;IS(\6H[K[G$%8A:I)2EOA+"!(U\QL-?B',@_CXA%PH1V99VNU^.9
MIR")@V',M>(X'Q#?$7.MO2GKGM$F]$Z=R@"3[C[.R&YFG/GJ9^HOQU7<:V'B
MFW4V+E0J!<RY5^'3KI_X@J&*E00T\XM +/A(;6LE13(@SCJOBY!G*QL?)QRR
M;F/DF+1^P<I&!1)PR>()N&JZ9RB)3$614 P" B @.K)LO)J645"/N.)"A[E"
M8_MC3+44[M)4.4CZ2A]I:D*21(I4DE*@09$$$$$$ CI'OZ]8\8H$/Y3<NQ?E
M=>\)IRGT)'#']2V&.FMI*C)HVPLK.X_2M,(X6=G?A%F]^7W0[02W$@AMUW'4
M%GE"\_ZI_P!'+;1^4^9\N5:S'\$NCV3Z3/=&S<>A/"W_ $-L^IBV7>Z/YZ]:
MGKDY1H2V:0,LUYHGMQ"?$FAL)4?FZ@Z2C9<&O*'E[E/SJRYQXF:=18G$]7C\
MHS%%L$*E*C9I6,I-^2J,8]E'+E\NR/\ D&X'4.":92B.PEV#IKO@_)USRO.*
MO%GD)30TQ<6A8T*FTG^'/LD01K"=ZD/1#AO!_I<L',UNNMSJ\XKJNVL5=*\E
ML,,JKZ(5CB&R$A92W,)22HS'43$;;R!>4*[<1.6^#,(5"IU6PTR<:T:7S=9)
MPDB,K5H&\W[^5(W\6=H\09-U?@MG"Y#+D4W,8 Z!OK,SSDZOQG,;;C-,A/D*
MMQ.\R,QN(Z'XS,^LI1@^E?T/V'U <(9-RI>KG<:&_P!$JO9L](R$EFL=I*+S
M+J7)I)EX@:3\J@1N,2(\J?,[)?"?CU5\IXEA*I8K18<J5K'Y6-Q3>N(I-G-Q
MLR[.Y($>[9K>_P"^Q3 #=_:4AQ';2YR?F=QP^RTUQLS:'7*BI#?S=#.<OM(D
M/;$3>ASTZ8IZG>7J_ LVKZZWVNDL516K\H$*<!IU,)*#O2H2'C:Z3T$-!PW\
M@'(RW<N+9PKY?XGH5$RHUQVTRC2[#C&>D):!L$"X;,)0[9RC(+.@(<\0_P#=
M343,0P*(*)*$ >TPI>&Y]>;MESN(912I9K?*AYLC5)00#,Z:3GIKWB'CS_Z5
M^,\3X HO4AP1?[G>L*=NZ[;5T]Q:2U4T[Z"I)6WLD%(W(( V]"E4]2 YO$CF
MGD_/G-CFQQMM5=JD53.-DVRC:;,1*<A^>D2N)A:-4-.JN':S1PJ9(G< I)I@
M4>FVVE/$,\K+YFEVQE]L(9MY5MD)$I"]HG_MKUAJ\\>FC%N+/37QQR_8KG<J
MC)\UI75U#3Z4>"TA "B6B$A4B3IN)^742G$!JIYFLK2JWD;K<U3L>L+IQ8@K
MY9\*IH-Y8K6VQ%"O#RHRS2V(JR9EWKMFW69.CBU%'<#J#L %#=AL<OU58<DH
MWT)%3;D%; !,E!"Y&?=.0,XM#D/TZL-H/]&\BM-WN+F/<AOTE-=5*2T'*9RK
MI$5*/+?P-6]WB)05[R9)U,S$K^7_ )"<P8 \=&".750KM'D\BY0-ATLW 2S>
M35JK/^H58?3,J2/3;R"$@G[3MJ4B F6,)""(FWVTY,IY%N=JXZMV66UE!K*W
MPB4GIN<3,R]QT$0AZ??21AW+GJ]R7T^7^YW.CQNRM7D-U#(0:A?Y=5-LL*="
MD%(4MIS<L!(UT$H?+A9D;R-7FUR[CE_B##&/<<NJ8REZ=+8\M19F9?3SQXS6
M;,9%A^5?J-F?X=8YQ,8A1!4 +OOIRX=69W6U'CY(Q;&[<ZR%I+"E%_Y@"/$!
M)$Y'YI  'I$4^H3#_2UBU"W3< 7_ "*\9:S5+:JF[@PVRVEM!4DE!2D;CO'N
MEK%C$B[%M'/5T=O=;-W)DNFX"X2;J*D((= V,<!T\JE2VZ-QQB>]#1=$^IE,
MZ^^45>I@PMYD*^6C\8)5+LFX&_[3'*Y6O-)S89X[=<D[Q@O"\]QIK6<2X4NS
MVO3,Y#7V,DU3?*1?,V"TB\1V4BA'L4,F=%1<HD,! $#!79CFG+D49R1VW4)Q
M[SWE5*W*"^O:"3T&O=,=)1NIR3Z9? ]7F(X0QO+\CIN;JW%$WJF;<9;-O=:'
MREG>A*53*AME,$),]3I%C'D'YY<@>/\ ?>'F/>,53QM=97E4XD&$3_4H\NV9
ME>+*U5.LD2?QCYD#!N[)8A,NJ8B@%V#;TT^,[S:\XY76>W8XS0*_,75A(4H@
M2.W:=#H#NU.NHE**E>D[TM\;\OXSR)E?,EUO5EM^"T[3CZ:!#:U@!3Z'4@+9
M7N*2SI)4R28<'QY\\LA\D9CD=BCD3CFM8JSCQ?LA(C(#.I2SB3JCV-4-*(G?
MLE7BCEPBHQ<1"O?LJHFHF=,Y1#<2AF8)GE?D#]QLE\ITHN=LF'2@S0I0)GM]
MA(TAL>J?TNXYPU:\-S[BN\55^XPS>C546]ZI;2U4MNI* IET)D"MP+!,DIVJ
M2I)&DS6;*^9WE^<D]RJKF#,=NN!E7SPAA9\\=R+DV27I%UR=ED;N@D2F(Y58
M&!4I2-3,TUU"(&$?N.$>GFK)0ZK)5V]/^GR*ORZE@_Q)]_=+4=G4RG.47!M_
MTWN&$U]/PC=,MO ]2]9B9O:&4LH_+4?(7#3+61XF@DF>],P"N4OEBQ'R;\^\
MF\/\0<?\@8(KM+N,GG'(,95HXET))GBSQ4_71FH9TW&/?,#(+NW#A ICG,8A
M"&-OZ;Z?_)F;7/$;;27>S4E*ZJL<2B;I(4-R9C0$3]NLA%3_ $4^EK%_4!FF
M58MR97U=GH\7M3M:_P"22A2@67BVXD;VE@RD3[^V,<)O(#G+*'(O)7#?EUAF
MO8;Y#4*J,KS'%IT^I-5>VUIQ\)1RLT^0N\,59%M)(+IJ(K*HJI"<![#DV'TP
M[.*^X9"_AN1T*:6\LM[PML[FEB05-)^.FICCU'^E?!\$XCL?J(X+R)_)N);M
M<%4+PJ&PU5T=0-QV/I 2F?RJ_ DCY=%!0(]'$WD!RO?.2_D9PS+U>G-H#B%5
M)BPXY>L&\F23G%HYA(."HVHZTB9NX14%J03?'(B8"B/ZAI.M^=7:YY!DV.O!
M$K92*6T1U5M!,S[S*,_./2CA^*\.<2<BT=RK%W/D.M0S6-K"-C!+NT^6DR2J
M22/O*7\WV1OL.>0UZZ\8:?/C,M>BD9YM4K=.2%4J174?%3$Y'6N3K%:A(O\
M(.7CEJ65>D;E4.8YQ3W.?KV[:5+/R(ZYQF,YNJ$!]#:@$I[2%E E/]J0A&Y*
M](C='ZUG?2A@5345;5354;"*JH WMLJ8:J'7'0A*!_#"UG1*9A*1VQ$SC3Y/
M^9ALT<6X3E_AW&U2Q!S>:O76$;%2WSHDQ75U46ZE?8V!%R_=^XE(&=MBB"Q$
M7 D=IG  V.0&9CO*&2NW:@H<@HD"WWALKIE(,S*9T4)G73H9'H>AB>.7/15P
M0QQSF]\X"RFZ7C/N-7D(O5/6--HIG4S*7WJ%2$@J0S)8)*E34VL?LDZ?EEY%
MO)I@CE/%8 K''G"S]AF2Z35?XV.I>3=+R5YAV;Y%E'.Y1PUM39K$N%CKE[_D
ME;]3?N[!KC+.1.0[#E+6*VZ@HUOUC@52E1.\LB04%)"P)S!))D1W=I4N ?2!
MZ/\ EGA"OY=NF9Y$S4XU:V*J^(9:;+=.M:7'"ALJIUJ4D;" =RID=8DQS YS
M\G,#T7B'B&E8OI3SFWRF38PQX.Q2G9CJAV1NUBR6),7(R*:4BE^<E"MVP'=>
MR":9S&$X]I3.7,,]O&*BVVB@H6EY)<D[E-H)+86D * /7[T^GOB$_3]Z6^(^
M4[WG^?9!?;JUZ>,$#KRZIE"#<ZUE3BUL)9;4@(!"$!2IHET3(3)#[<<<X\VL
MG\8LYO,I<?6^+.6&-&>2*I1H5^)T\<Y2O$'57J]*L$"9U(&6-5I>S@@W<* X
M^.8-S)*]@[E7<?O677+&*UV\6[P,EIFW2U/[CKH2I302>LMVU)B,>4^,/3QA
M7-6/6K"\NJ;]P7>10.UE0E*?S"UT;SZ$UC3J-@1YIICQ%(2$R*MJ2G0S<3/'
M'3,G(*X)1SSE)?<-8()#LT7./\)QC"J9"M<N/R#29[)E=^$G+1T,LD)")LXQ
MLW. %W,KN.LJ\X]=;Q5%!N/E[&A$E4]+(K7KJ=_WDZ]PAD<8\I8%QK8S45.)
MT%^Y(\4E%1>5K>HV!^$,6Y!2P^H]5>.MY(,I('2$;2_%#P&IA_GGX^5Z_P X
M8-W5CR]*6#*<\_4$/N7>/+I+3":BIS?<(@0O7T /37C2<:X72G<NB+JSK-Q2
MEGXS/ZH>=Z]:?J7N: U;<HJ+52)2 EJU-,VYM"1T2D4:&" !H)GI#G2'CYX,
MR;51B[XHX'^,J04SE;8SKD:X H@)1]MY',6KQ(0 >@D4 ?VZ[O<?X8\)?E-K
M)]M,/[A#:HO5?ZF:"I\S39[E07_^_4G7XDQ!C+7@:X/Y"%:4QY'WSCQ: .=9
MA-8JMDBFV8N0V]E8(:PJRZ)2IB&X W5;&W_B#38O/"F%UB=UK\2WO]9MJ(3,
MZZ)F!+V&<6,P3ZG?J8QUL6S.';/F=@.BF[I1I<6H2E(O !<^\ZSB+<MQ$\UW
M$A@NEQBY<Q7)6B1Y1"/J&44(]>SL6#<1]MJV;7X))JX6!,I2B",TD41'[2%#
MIILU&+\S8N@?D%R;N5,#)*%CYI?A!4=3IW'XQ,=NYQ^FSSI4RYBP2MP?)W$
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M_0=/)',W'BT[OS%M,^PA7]T017_32]:-%5EA&#OO-#\3=11%!EVIW/@R/43
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M>5^X2TG,)R1Y!XVD6*BJ#F1,X$Q #;W"B78O6DL6-4-@79J-I*+,ZRMI20)
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MBI4T5&S1IEM9:2@2T'RI"=/LCXG\@O=9D]^KLDN1W7&XUCU4Z>]VH<4ZL_\
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MH976B\.\NII>L7%TY:LXJ.CJ37%'U^B08I+/'%DH21AE&*9.SO60 !.3J.H
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MC#QYG\FY.\D7@,HY%NV!R^=J&564[>]50PF,(B.^A"&FD;&TI0@=B4@"9[9
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-0:((-$$&B"#1!'__V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
