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AMETEK Acquires Assets of Darmet Corp.

13 July 1998

AMETEK Acquires Assets of Darmet Corp.; Broadens Product Platform in Electronic and Communications Markets

    PAOLI, Pa., July 13 -- AMETEK Inc. today
announced that it has acquired the assets of Darmet Corporation, a privately
held manufacturer of specialty wire alloys located in Providence, R.I., with
1997 sales of about $4.5 million.
    "The Darmet acquisition creates a superb fit with AMETEK's Specialty Metal
Products (SMP), which already is a leader in powder metal alloys, strip and
wire technology," said Frank S. Hermance, AMETEK president and chief operating
officer.
    "Darmet expands our line of nickel- and copper-based wire alloys and adds
to our capabilities for manufacturing specialty wire used for electrical
resistance and for electronic connectors in automotive, data communications,
and computer applications."
    SMP is one of the world's leading producers of metal powder, strip, wire,
and composite products using wrought powder metallurgy and holds numerous
patents in powder metallurgy processing and products.  For over 30 years, it
has developed innovative, proprietary alloying technologies, adding valuable
qualities to its products and producing alloys tailored to specific product
applications.  End-use applications include: telecommunications, electronics,
automotive, aerospace, and energy.
    SMP also produces fully dense metal components from metal powders and a
variety of metal matrix composites for electronics packaging applications.  It
has manufacturing plants in Eighty Four, Pa., and Wallingford, Conn.
    AMETEK, Inc. is a leading global manufacturer of electric motors and
electronic instruments as well as a leader and innovator in specialty metal
alloys and powders.  AMETEK's Corporate Growth Plan is based on Four Key
Strategies: Operational Excellence, New Products, Strategic Acquisitions &
Joint Ventures, and Global & Market Expansion.  Its objective is double-digit
earnings per share growth and a superior return on total capital.

    Forward-looking Information
    Information contained in this news release, other than historical
information, are considered "forward-looking statements" and may be subject to
change based on various factors and uncertainties that may cause actual
results to differ significantly from expectations.  Those factors are
contained in AMETEK's Securities and Exchange Commission filings.