Sun Hydraulics Corporation Declares 2nd Quarter Dividend

SARASOTA, Fla., Jun 10, 2003 /PRNewswire-FirstCall via COMTEX/ --

Sun Hydraulics Corporation (Nasdaq: SNHY) has announced a $0.04 per share dividend on its common stock. The dividend is payable on July 15, 2003, to shareholders of record as of June 30, 2003.

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Sun Hydraulics will announce its 2nd quarter 2003 results on the morning of Monday, August 4, 2003. A webcast of the Company's conference call will take place the following day, August 5, 2003 at 2:30 P.M. Eastern Time. Questions can be submitted to the Company via email, which will then be answered during the webcast. Questions can be submitted to anytime prior to the webcast.

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 .

SOURCE Sun Hydraulics Corporation

Richard K. Arter, Investor Relations, or Richard J. Dobbyn,
Chief Financial Officer, both of Sun Hydraulics, +1-941-362-1200
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