FOR IMMEDIATE RELEASE

August 28, 2003

For More Information Contact:

Barbara J. Carpenter, Assistant Secretary

(952) 937-4006

 
 

MTS Declares Eighty-Seventh Consecutive Quarterly Dividend

Eden Prairie, Minn., Aug. 28, 2003 - MTS Systems Corporation (Nasdaq: MTSC) - At their regular quarterly meeting held on August 26, 2003, the MTS Board of Directors declared a cash dividend as follows:

          Amount: $0.06

          Record Date: September 16, 2003

          Payable Date: October 1, 2003

This represents MTS Systems Corporation's eighty-seventh consecutive quarterly dividend.

About MTS Systems Corporation:

MTS Systems Corporation is a global supplier of integrated simulation solutions that help customers accelerate and improve their design, development, and manufacturing processes. MTS supplies products for determining the mechanical behavior of materials, products and structures - including computer-based testing and simulation systems, modeling and testing software, and consulting services - as well as a provider of industrial products. MTS had 1,900 employees and revenue from continuing operations of $327 million for the fiscal year ended September 28, 2002.

Additional information on MTS can be found on the worldwide web at http://www.mts.com.