/ CORRECTION - Sun Hydraulics Corporation Declares 1st Quarter Dividend

SARASOTA, FL, Mar. 16, 2004 (MARKET WIRE via COMTEX) -- In the news release, "Sun Hydraulics Corporation Declares 1st Quarter Dividend" issued earlier today by Sun Hydraulics Corporation, we are advised by the company that there has been a correction. The corrected text follows.

Sun Hydraulics (NASDAQ: SNHY) announces the correction of the dividend record date stated in today's earlier press release. The record date stated in the earlier release, March 15, 2004, is incorrect. The correct record date for the 1st quarter dividend is March 31, 2004. The dividend is payable on April 15, 2004.

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 www.sunhydraulics.com.

Richard K. Arter
Investor Relations
Richard J. Dobbyn
Chief Financial Officer

SOURCE: Sun Hydraulics Corp.

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