Sun Hydraulics Announces Third Quarter Dividend

SARASOTA, FLA, August 23, 2001 - Sun Hydraulics Corporation (NASDAQ: SNHY) announced a $0.04 per share dividend on its common stock. The dividend is payable on October 15, 2001, to shareholders of record as of September 30, 2001.

Sun Hydraulics Corporation is a leading designer and manufacturer of high performance screw-in hydraulic cartridge valves and manifolds for worldwide industrial and mobile markets. For more information about Sun, please visit our website at