Through the larger of its two product lines, Chaparral Boats, Marine Products is the top manufacturer of stern-drive powerboats in the United States. Marine Products also competes in the sport fishing boat marketplace with Robalo offshore sport fishing boats.  Sales of these products have grown significantly in recent years.  Marine Products Corporation's premium brands, proven management, solid capital structure and consistent performance place it in a strong position to capitalize on industry dynamics and market expansion opportunities in order to build long-term shareholder value.

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Forward-Looking Statement:
Certain statements and information included in this press release constitute "forward-looking statements" 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’s beliefs, expectations or hopes. In particular, such statements include, without limitation, statements related to our belief that prolonged winter weather during the first quarter has caused dealer inventories to be higher than normal and our concerns about continued cold weather in many of our domestic markets. 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’ network of independent boat dealers or availability of financing of their inventory, 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, 2013.

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