PRESS RELEASE DATED MARCH 16, 2001

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For Immediate Release

Contact:      Richard A. Santa
              Vice President and Chief Financial Officer
              Dynamic Materials Corporation
              303-604-3938

                  DYNAMIC MATERIALS TO ACQUIRE NOBELCLAD EUROPE

(Lafayette, CO - March 16, 2001) Dynamic Materials Corporation,  (Nasdaq: BOOM),
"DMC",  today  announced  that it has reached  agreement  to acquire 100% of the
stock of Nobelclad Europe S.A.  (Nobelclad) and Nitro Metall  Aktiebolag  (Nitro
Metall) from Nobel  Explosifs  France (NEF).  Nobelclad and Nitro Metall operate
cladding  businesses  located  in  Rivesaltes,   France  and  Likenas,   Sweden,
respectively,  which generated combined revenues of approximately  $10.5 million
in  calendar  year  2000.  NEF is wholly  owned by  Groupe  SNPE and is a sister
company to SNPE, Inc., which owns 55% of DMC's common stock.

The  acquisition,  which is expected to close in the third  quarter of 2001,  is
subject  to the  customary  due  diligence  reviews  and the  finalization  of a
definitive  stock purchase  agreement.  An opinion that the transaction is fair,
from a financial point of view, to DMC's stockholders other than SNPE Inc., also
must be  obtained as a  condition  of the  transaction.  The  purchase  price of
approximately $5.4 million will be financed through a $4.0 million  intercompany
note  agreement  between DMC and SNPE Inc. and the  assumption of  approximately
$1.4  million  in third  party bank debt  associated  with  Nobelclad's  planned
acquisition of Nitro Metall from NEF prior to DMC's purchase of Nobelclad stock.
DMC's  acquisition  of  Nobelclad  is expected to further  strengthen  the world
leadership  that DMC and its majority  stockholder,  Groupe  SNPE,  enjoy in the
explosion cladding business.

Based in Lafayette,  Colorado,  Dynamic Materials Corporation is a leader in the
metal working  industry,  and its products  include  explosion 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.

Actual  results may vary  materially  from any  forward-looking  statements  the
Company makes.  For a description  of certain  investment  considerations,  risk
factors and uncertainties  that should be considered in evaluating the Company's
forward-looking  statements,  refer to the  Company's  Form 10-K  report for the
period ended December 31, 1999, as well as the Company's reports on Form10-Q for
the periods ended March 31, June 30, and September 30, 2000.

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