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Dynamotive Announces Successful Production Run of BioOil

29 March 2000

Dynamotive Technologies Announces Successful Production Run of BioOil Made from Sugar Cane Bagasse, Opening Significant Opportunities for Its Technology Worldwide
    VANCOUVER, March 29 /CNW-PRN/ - DynaMotive Technologies Corporation
(OTCBB: DYMTF) today announced completion of a production run of BioOil made
from sugar cane bagasse using its patented BioOil pyrolysis technology. The
production run, which produced high quality BioOil, was carried out at the
Company's pilot plant in Vancouver, BC with bagasse shipped from Usina Santa
Helena - Cosan Bom Jesus Group, one of Brazil's largest sugar and ethanol
producers. The run was completed without modifications to the Company's BioOil
plant and with only minor modifications to the feed system.
    Commenting on this development, Raymond McAllister, Director, Corporate
Communications and DynaMotive spokesperson said, ``Validating production of
BioOil from sugar cane bagasse is a major milestone in the commercial
development of DynaMotive's pyrolysis technology. Bagasse - a solid, pulp
material remaining after the extraction of juice from sugar cane - is an
abundant waste by-product from the sugar producing process.
    ``Sugar cane production worldwide represents a major opportunity for
DynaMotive,'' said McAllister. ``Approximately 1,340 million metric tonnes of
sugar cane were processed in 1999, with world sugar production reaching a
record 134 million tonnes in the same period. This equates to approximately
375 million tonnes of bagasse waste, 50% of which is typically burned. Main
sugar producers include Brazil, Australia, South Africa, Cuba, China, Thailand
and Indonesia amongst others. Sugar production is also significant in tropical
and subtropical islands where production of BioOil from sugarcane bagasse
could displace fossil fuel imports for power generation purposes.
    ``A commercial BioOil production plant processing 100 tonnes of dry
bagasse per day would produce approximately 22,000 tonnes or 4.8 million US
gallons (18.3 million litres) of BioOil per annum, displacing 2.7 million US
gallons (10.3 million litres) of diesel oil and providing 30,000 tonnes of
green house gas (GHG) credits.''

    DynaMotive Technologies is a world leader in the development of
technology to produce BioOil clean fuels for power generation in gas turbines,
diesel engines and boilers. BIoOil is produced using a patented technology
that converts low value forest and agricultural wastes into a liquid fuel.
Unlike fossil fuels, BioOil is clean burning, low in SO(x) and NO(x)
emissions, greenhouse gas neutral and can be produced economically from
renewable biomass waste materials.

    Forward Looking Statement
    Statements in this news release concerning the company's business outlook
or future economic performance; anticipated profitability, revenues, expenses,
or other financial items; and statements concerning assumptions made or
expectations as to any future events, conditions, performance or other
matters, are ``forward-looking statements'' as that term is defined under the
Federal Securities Laws. Forward-looking statements are subject to risks,
uncertainties and other factors which could cause actual results to differ
materially from those stored in such statements. Such risks, uncertainties and
factors include, but are not limited to, changes and delays in product
development plans and schedules, customer acceptance of new products, changes
in pricing or other actions by competitors, patents owned by the Company and
its competitors, and general economic conditions, as well as other risks
detailed in the Company's filings with the Securities and Exchange Commission.