Sunday, December 26, 2004

MPX comments on unusual trading activity

Boating Industry
Thursday December 23, 2004


ATLANTA -- Marine Products Corp. issued a brief release yesterday commenting on unusual trading activity in its common stock, and said there has been no material development in its business and affairs not previously disclosed publicly, or to its knowledge, any other reason to account for the unusual market activity.

The trading volume of Marine Products Corp.'s stock was about 168,000 shares on Wednesday and the closing price was $24.07, a decline of $3.18 or 11.7 percent from the previous day's closing price.

Marine Products manufactures fiberglass boats, including Chaparral pleasure boats and Robalo sport fishing boats.

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