Management Directors Governance Documentation Committees Section 16 filings R. Randall Rollins Inside Director Chairman of the Board Age: 80 Director Since: 2001 Marine Products Corporation Ownership: 23,897,259 Marine Products Corporation Committee Membership: Executive Committee Other Directorships: Rollins, Inc., RPC, Inc., SunTrust Banks, Inc., SunTrust Banks of Georgia, Dover Downs Gaming and Entertainment, Inc., Dover Motorsports Mr. Rollins began working for Rollins, Inc. in 1949. At the time of the spin-off of RPC from Rollins, in 1984, Mr. Rollins was elected Chairman of the Board and Chief Executive Officer of RPC. He remains Chairman of RPC, Inc. and has served as Chairman of the Board for Marine Products Corporation (boat manufacturing) since February 2001 and Chairman of the Board of Rollins, Inc. (consumer services) since October 1991. He is also on the boards of SunTrust Banks, Inc., SunTrust Banks of Georgia, Dover Downs Gaming and Entertainment, Inc., and Dover Motorsports, Inc. Prior to October 1991, he was Vice Chairman of the Board of Rollins, Inc. Mr. Rollins attended the University of Delaware. Linda H. Graham Inside Director Vice President and Secretary Age: 75 Director Since: 2001 Marine Products Corporation Ownership: 327,122 Other Directorships: RPC, Inc. Ms. Graham has been Vice President and Secretary of Marine Products Corporation since it was spun off in 2001, and Vice President and Secretary of RPC, Inc. since 1987. Previously, she was Vice President and Secretary of Rollins Communications, Inc., a media company. Ms. Graham received a B.A. in English from Berea College. Richard A. Hubbell Inside Director President and Chief Executive Age: 67 Director Since: 2001 Marine Products Corporation Ownership: 1,181,097 Marine Products Corporation Committee Membership: Executive Committee Other Directorships: RPC, Inc. Mr. Hubbell has been the President and Chief Executive Officer of Marine Products Corporation (boat manufacturing) since February 2001. He has also been President of RPC, Inc. since 1987 and CEO of RPC since April 2003. Mr. Hubbell serves on the Board of Directors for both of these companies. Previously, he was Executive Vice President of Rollins Communications, Inc., a media company. He joined Rollins, Inc. in 1970. Mr. Hubbell received a B.A. in Economics from Westminster College. James A. Lane, Jr. Inside Director Executive Vice President of Marine Products and President of Chaparral Boats Age: 68 Director Since: 2001 Marine Products Corporation Ownership: 475,295 Other Directorships: RPC, Inc. Mr. Lane has served as a director for Marine Products since its inception in February of 2001, and of its former parent company, RPC, Inc., since 1987. He has held the position of President of Chaparral Boats (the flagship brand of Marine Products) since 1976. Mr. Lane has worked as a CPA and was the CFO of a publicly traded company. He has a degree in accounting from the University of Florida. Wilton Looney Independent Director Honorary Chairman of the Board, Genuine Parts Company (automotive parts distributor) Age: 91 Director Since: 2001 Marine Products Corporation Ownership: 1,620 Marine Products Corporation Committee Membership: Audit Committee, Compensation Committee, Diversity Committee, Nominating and Governance Committee Other Directorships: Genuine Parts Company (automotive parts distributor), RPC, Inc., Rollins, Inc. Mr. Looney has served on the Marine Products Corporation Board of Directors since it spun off from RPC, Inc. in 2001. He also currently serves as the Honorary Chairman of the Board for Genuine Parts Company and on the Board of Directors for Rollins, Inc. and RPC, Inc. Gary W. Rollins Inside Director President and Chief Executive Officer of Rollins, Inc. Age: 67 Director Since: 2001 Marine Products Corporation Ownership: 23,675,203 Marine Products Corporation Committee Membership: Executive Committee Other Directorships: Rollins, Inc., RPC, Inc. Mr. Rollins has served on the Marine Products Board of Directors since Chaparral Boats was spun off from RPC, Inc. in 2001. He has been President of Orkin, Inc., a wholly-owned subsidiary of Rollins, Inc. since 1978. He was appointed President of Rollins, Inc. in 1984 and CEO in 2001. Mr. Rollins received a BS in Business Administration from the University of Tennessee. Henry B. Tippie Independent Director Chairman of the Board and Chief Executive Officer of Tippie Services, Inc. Age: 84 Director Since: 2001 Marine Products Corporation Ownership: 363,501 Marine Products Corporation Committee Membership: Audit Committee, Compensation Committee, Diversity Committee, Nominating and Governance Committee Other Directorships: RPC., Inc., Rollins, Inc., Downs Gaming and Entertainment, Inc., Dover Motorsports, Inc. Mr. Tippie has served on the Board of Directors for Marine Products Corporation since it was spun off from RPC in 2001. He is also on the board for RPC. Mr. Tippie is the Chairman of the Board and Chief Executive Officer of Tippie Services, Inc. and Chairman of the Board of Dover Downs Gaming and Entertainment, Inc. Since January 2002, he has served as the Chairman of the Board of Dover Motorsports, Inc. He has been associated with the Rollins interests in different capacities for over 50 years. He is also a director of Rollins, Inc., which owns Orkin, the largest pest-control company in the country, and Marine Products Corporation which owns Chaparral Boats. James B. Williams Independent Director Chairman of the Executive Committee, SunTrust Banks, Inc. Age: 78 Director Since: 2001 Marine Products Corporation Ownership: 54,000 Marine Products Corporation Committee Membership: Audit Committee, Compensation Committee, Diversity Committee, Nominating and Governance Committee Other Directorships: The Coca-Cola Company, Genuine Parts Company, Georgia-Pacific Corporation, Rollins, Inc., RPC , Inc., and Marine Products Corporation James B. Williams is Chairman of the Executive Committee, SunTrust Banks, Inc. A life-long banker, Mr. Williams has been president of Peachtree Bank & Trust Company, Sun Banks, Inc., and Trust Company of Georgia. He has also been Chairman of The First National Bank & Trust Company of Augusta, all in the SunTrust system of banks. Bill J. Dismuke Outside Director Retired President, Edwards Baking Company Age: 76 Director Since: 2005 Marine Products Corporation Ownership: 1,500 Marine Products Corporation Committee Membership: Audit Committee Bill J. Dismuke is the Retired President of Edwards Baking Company (manufacturer of pies and pie parts). Larry L. Prince Independent Director Chairman of the Executive Committee, Genuine Parts Company Age: 74 Director Since: 2009 Marine Products Corporation Ownership: 2,000 Other Directorships: Chairman of the Executive Committee, Genuine Parts Company; and Director of Crawford & Company; SunTrust Banks, Inc.; and RPC, Inc. Larry L. Prince is the Retired Chairman of the Board of Directors of Genuine Parts Company; previously he was Chairman of the Board from 1990 through February 2005, as well as Chief Executive Officer from 1989 through August 2004 of the Genuine Parts Company.  Forward-Looking Statement: Certain statements and information included within this Web site contain and constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements regarding our belief that our dealer inventory and current production levels are conservative as we participate in the 2012 winter boat show season; our belief that our smaller models will increase unit sales in a segment in which we have an opportunity to increase market share; our hope to capture additional market share as purchasers of these entry-level models purchase larger Chaparral or Robalo models in the future; our belief that these entry-level Chaparral and Robalo models will maintain our profitability because of higher production volumes which increase manufacturing efficiencies; our intention to continue seeking the most advantageous purchasing arrangements from our suppliers; our ability to execute our marketing strategy to increase market share by expanding our presence by building dedicated sales, marketing and distribution systems; our intention to continue to strengthen our dealer network and build brand loyalty with dealers and customers; our ability to locate and complete strategic acquisitions that will complement our existing product lines, expand our geographic presence and strengthen our capabilities; our belief that our corporate infrastructure and marketing and sales capabilities, in addition to our cost structure and nationwide presence, enable us to compete effectively; our belief that we do not currently anticipate that any material expenditures will be required to continue to comply with existing environmental or safety regulations; our belief that the increase in prices of certain commodities is likely to lead to higher costs in 2012 and that we may not be able to increase prices to compensate for increased costs and that the Company may not be able to implement manufacturing strategies that will significantly reduce usage of raw materials that will compensate for these increased costs; our belief that it is likely that these increased commodity prices will negatively impact our operating results in 2012 compared to 2011; our belief that our product liability insurance will be adequate; our belief that we have not suffered an increased risk of default among our municipal securities investments; our intention to pursue acquisitions and form strategic alliances that will enable us to acquire complementary skills and capabilities, offer new products, expand our customer base and obtain other competitive advantages; our belief that the ultimate outcome of litigation arising in the ordinary course of business will not have a material adverse effect on our liquidity, financial condition or results of operations; our ability to execute stated business and financial strategies in the future to better manage our Company; our belief that net sales will increase moderately in 2012 compared to 2011 and that our operating results will improve; our belief that indications are that retail demand in recreational boating has stabilized and may be increasing; our belief that our operating results should moderately improve due to higher volumes and an improved gross margin from improved product efficiencies and cost absorption; our belief that retail sales will increase in 2012 and that such increase will be modest due to slowly improving consumer confidence; our belief that advertising and consumer targeting efforts will benefit the industry and Marine Products; our anticipation that the Company will continue to be challenged by the effect of an uncertain level of consumer demand; our belief that emphasizing entry-level models in our Chaparral and Robalo product lines will appeal to value-conscious boaters who want to buy a new boat, as well as first-time boat buyers who are interested in a smaller investment in boat ownership; our belief that these new products will increase our net sales and enhance our profitability by improving our cost absorption; our belief that these models will increase our sales in market segments in which we would like to increase our market share, and that these models will encourage consumers of these products to purchase larger, more expensive boats from us in the future; our belief that we do not expect to report any gains similar to those reported as Other Income during 2011 in 2012; expectations about the amount of contributions to our defined benefit plan and capital expenditures during 2012 and the purpose of those capital expenditures; the adequacy of the Company’s capital resources; the amount and timing of future contractual obligations; judgments about the Company’s critical accounting policies; and the effect of various recent accounting pronouncements on the Company, its operating results and financial condition. 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 involve the outcome of current and future litigation, the impact of interest rates, economic conditions, fuel costs and weather on our business, our dependence on a network of independent boat dealers, the possibility of defaults by our dealers in their obligations to third-party dealer floor plan lenders, and our reliance on third-party suppliers. 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, 2011.

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