For Immediate Release

Contact:  Mark W. Jarman                     Richard A. Santa
          VP of Corporate Development        Chief Financial Officer
          Dynamic Materials Corporation      Dynamic Materials Corporation
          303-604-3923                       303-604-3938


                   DMC DEAL WITH SNPE APPROVED BY STOCKHOLDERS

              DMC Receives $5.8 Million in Cash at $2.75 Per Share
         and an Additional $1.2 million in Cash for Convertible Sub-debt

(Lafayette,  CO - June 15, 2000) Dynamic Materials Corporation,  (Nasdaq: BOOM),
'DMC',  today announced that at the Company's  Special Meeting of stockholders a
Stock Purchase Agreement (the Agreement) with SNPE, Inc. (SNPE), was approved by
a strong  majority  making SNPE a 50.8%  stockholder  of the Company.  The stock
purchase was executed  immediately  following the Special  Meeting  activating a
$5.8 million cash payment to the Company in exchange for 2,109,091 shares of the
Company's common stock at a price of $2.75 per share. An additional $1.2 million
cash  payment  was made under a  five-year,  5%  Convertible  Subordinated  Note
convertible in whole or in part into common stock by SNPE at a conversion  price
of $6 per share.  DMC will use the $7 million  primarily to repay debt,  finance
working capital  requirements and make selective capital  investments.  DMC also
entered into a new credit  facility  agreement  with SNPE,  which provides up to
$3.5 million in borrowings  for working  capital  requirements  through June 30,
2001.  The Company will continue to maintain a letter of credit with its bank in
support of $6.35  million in  outstanding  industrial  development  revenue bond
debt.

Organizational Changes

DMC has also  undergone  a  management  restructuring  in  conjunction  with the
transaction. Joseph P. Allwein has assumed the title of Vice President and Chief
Operating  Officer and has resigned from the post of Chief Executive  Officer as
well as from the Company's  board of  directors.  Bernard  Hueber,  Chairman and
Chief Executive  Officer of Nobel Explosifs France has been named to DMC's board
of directors in place of Joseph P.  Allwein,  and has been named as the Chairman
of the Board. Bernard Fontana,  Vice President of Groupe SNPE, North America and
President  of SNPE,  Inc.,  has  assumed  the  office  of  President  and  Chief
Executive.  Mr.  Fontana  has also  joined  the board of  directors  in place of
Michael  C.  Franson  who has also  stepped  down  from the  board.  Mr.  Michel
Philippe,  Corporate Senior Vice-President  Finance and Legal Affairs for Groupe
SNPE,  and Mr. Bernard  Riviere,  Senior Vice President and CEO for Groupe SNPE,
each  have  been   appointed  to  the  board  of  directors  in  newly   created



directorships.  John Banker, a former officer of DMC and president of Clad Metal
Products,  Inc., has joined the senior staff of the Company as Vice President of
Sales and Marketing for DMC's Explosion Metalworking Group.

Future Business Direction

"We believe that both DMC and SNPE can benefit from this enhanced relationship,"
said Bernard Fontana,  DMC's new president and chief executive officer. "We want
DMC to focus its  priorities  on the global  market for clad  plate,"  concluded
Fontana.

Safe Harbor Statement

This news release  contains  forward-looking  statements  that involve risks and
uncertainties,  including,  but not  limited  to:  the  ability  to  obtain  new
contracts  at  attractive  prices;  the  size and  timing  of  customer  orders;
fluctuations in customer demand;  competitive  factors; the timely completion of
contracts; any actions which may be taken by SNPE as the controlling shareholder
of the Company  with respect to the Company and its  businesses;  the timing and
size of  expenditures;  the timely receipt of government  approvals and permits;
the  adequacy  of  local  labor  supplies  at  the  Company's  facilities;   the
availability  and  cost  of  funds;  and  general  economic   conditions,   both
domestically  and  abroad;  and other  risks  detailed  from time to time in the
Company's SEC reports,  including the Company's report on Form 10-K for the year
ended  December 31, 1999,  and reports on Form 10-Q for the quarter ending March
31, 2000.

SNPE,   Inc.  is  a  wholly   owned   subsidiary   of  Groupe   SNPE,  a  French
government-owned fine chemicals, aerospace and defense company with interests in
the explosion bonding of clad metal plates.

Based in Lafayette,  Colorado,  Dynamic Materials Corporation is a leader in the
metal working  industry,  and its products  include bonded clad metal plates and
other  metal   fabrications   for  the   petrochemical,   chemical   processing,
satellite/launch  vehicle,  commercial aircraft,  defense and a variety of other
industries.

              For more information on Dynamic Materials Corporation
         visit the Company's web site at http://www.dynamicmaterials.com

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