FOR IMMEDIATE RELEASE

February 17, 2003

For More Information Contact:

Barbara J. Carpenter, Assistant Secretary

(952) 937-4006

 
 

MTS Systems Corporation

Declares A Quarterly Dividend

Eden Prairie, Minn., February 17, 2003 - MTS Systems Corporation (Nasdaq: MTSC) - At their regular quarterly meeting held on February 12, 2003, the MTS Board of Directors declared a cash dividend as follows:

    Amount: $0.06

    Record Date: March 7, 2003

    Payable Date: April 1, 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 of $356 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.