Groupe SNPE Terminates Negotiations Regarding the Restructuring of Its Ownership in DMC BOULDER, Colo., April 22 /PRNewswire-FirstCall/ -- Dynamic Materials Corporation, , "DMC", today reported that it has been advised by Groupe SNPE, which owns a 54% interest in DMC through a U.S. subsidiary, SNPE, Inc., that Groupe SNPE has terminated negotiations with Sagard, a French investment fund, that were the subject of a previously announced Memorandum of Understanding. On October 6, 2003, DMC had announced that Groupe SNPE and Sagard had agreed to form a new U.S. holding company to hold Groupe SNPE's ownership interest in DMC, with each party to own a 50% interest in the new holding company. Based in Boulder, Colorado, Dynamic Materials Corporation is a leading metalworking company, and its products include explosion bonded clad metal plates and other metal fabrications for the petrochemical, chemical processing, power generation, 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/ DATASOURCE: Dynamic Materials Corporation CONTACT: Richard A. Santa, Vice President and Chief Financial Officer of Dynamic Materials Corporation, +1-303-604-3938 Web site: http://www.dynamicmaterials.com/

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