Sun Hydraulics Declares 4th Quarter 2002 Dividend

SARASOTA, FLA, December 18, 2002 - Sun Hydraulics Corporation (NASDAQ: SNHY) has announced a $0.04 per share dividend on its common stock. The dividend is payable on January 15, 2003, to shareholders of record as of December 31, 2002.

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