FOR IMMEDIATE RELEASE

July 3, 2003

For More Information Contact:

Barbara J. Carpenter, Assistant Secretary

(952) 937-4006

MTS Announces Third Quarter 2003

Financial Release and Conference Call

Eden Prairie, Minn., July 3, 2003 - MTS Systems Corporation (NASDAQ: MTSC) will issue its third quarter results on Tuesday, July 22, 2003 after the market closes. A conference call will be held on Wednesday, July 23, at 9:00 a.m. CDT (10:00 a.m. EDT).

Live Conference Call:

Call +1-773-756-4703; state the Passcode "Third Quarter" and conference leader "Chip Emery".

Conference Call Replay:

Call +1-402-530-8077, Passcode "4006". Replay through 5:00 p.m. (CDT), August 22, 2003.

Live and Archived Webcast:

If you prefer to listen live over the Internet - please log on to the web at http://www.mts.com/news/financial_news.htm and click on the Vcall webcast image. The call will be archived through 5:00 p.m. (CDT), August 22, 2003.

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 products for automating manufacturing processes. 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.