Sun Hydraulics Corporation Declares Third Quarter Dividend of $0.05

SARASOTA, Fla., Sep 9, 2004 /PRNewswire-FirstCall via COMTEX/ -- Sun Hydraulics Corporation (Nasdaq: SNHY) has announced a $0.05 per share dividend on its common stock. The dividend is payable on October 15, 2004 to shareholders of record as of September 30, 2004.

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The Company will release its third quarter earnings the morning of November 2, at approximately 11:00 A.M. Eastern Time. The following day, Sun will host an investor open house from 2:30 P.M. to 5:00 P.M. at its facility located at 701 Tallevast Road in Sarasota, Florida. The third quarter conference call will be broadcast live from the open house and will include a question/answer session from both audience members and dial-in participants. Further details about the open house and webcast will be posted on the Company's website beginning in October.

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 Corporation, +1-941-362-1200
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