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AMETEK Acquires Division of Dynamic Materials Corp.

24 June 1999

AMETEK Acquires Division of Dynamic Materials Corp.
    PAOLI, Pa., June 23 -- AMETEK, Inc. today
announced that it has signed a definitive agreement to acquire the Clad Metal
Bonding Division ("Bonding Division") of Dynamic Materials Corporation
a manufacturer of specialty metals in Lafayette, CO.  Closing
is expected in the latter part of 1999, pending the satisfaction of certain
conditions.
    "The Bonding Division, with 1998 sales of approximately $28 million, will
be an excellent fit with AMETEK's Specialty Metal Products Division (SMP),
which already is a leader in metal bonding technology," said Frank S.
Hermance, AMETEK president and chief operating officer.  "As a result, we will
be providing our customers with an expanded range of bonded metal plate
thicknesses and technologies."
    "As a part of SMP, we expect substantial cost synergies from this
profitable acquisition.  SMP has a long history of consistent growth with
superior operating margins and return on assets; we believe this acquisition
will complement that track record."
    SMP is one of the world's leading producers of metal powder, strip, wire,
and bonded products, holding numerous patents in technically advanced
metallurgical products.  For over 30 years, it has developed innovative,
proprietary products tailored to specific customer applications.  End markets
include:  telecommunications, electronics, automotive, aerospace, general
industry, and energy.  It has manufacturing plants in Eighty Four, Pa., and
Wallingford, Conn. and is a part of AMETEK's Electromechanical Group.

    Corporate Profile
    AMETEK is a leading global manufacturer of electric motors and electronic
instruments in North America, Europe, and Asia.  Sales are expected to
approach $1 billion in 1999.  Its Corporate Growth Plan is based on Four Key
Strategies:  Operational Excellence, New Products, Global & Market Expansion,
and Strategic Acquisitions & Joint Ventures.  Its objective is double-digit
percentage growth in earnings per share from continuing operations and a
superior return on total capital.  The common stock of AMETEK is a component
of the S & P Mid Cap 400 Index and the Russell 2000 Growth Index.

    Forward-looking Information
    Statements in this news release that are not historical are considered
"forward-looking statements" and are 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.
    CONTACT:  William F. Cleary of AMETEK, 610-889-5249.