Announcement of Second Quarter 2003 Earnings Conference Call and Webcast


SARASOTA, FLA, July 29, 2003 - Sun Hydraulics Corporation (NASDAQ: SNHY) today announced that it will release its 2nd quarter 2003 earnings on Monday, August 4, 2003, at approximately 11:00 AM Eastern Time. Earnings will be released one day prior to the webcast of the Company's conference call with analysts, which is scheduled for Tuesday, August 5, 2003, at 2:30 PM Eastern Time. The day between the earnings release and conference call gives anyone an opportunity to review the release and then submit questions to the Company via email, which will then be answered during the webcast. Questions can be submitted to investor@sunhydraulics.com anytime prior to the webcast.

Webcast information:

When:
Tuesday, August 5, 2003

Time:
2:30 pm, ET

Where:
http://investor.sunhydraulics.com/medialist.cfm

If you are unable to listen to the live webcast, the call will be archived for a period of one month and will be accessible via the company's website.

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.