DynaMotive chosen first to trade on EASDAQ; company's environmental technologies expand in Europe.

VANCOUVER, British Columbia--(BUSINESS WIRE)--July 15, 1996-- DynaMotive Technologies Corp. (NASDAQ:DYMTF) announced today that it has been approved as the first company to list its stock on EASDAQ, the new pan-European stock exchange equivalent of NASDAQ.

In a separate announcement, officials of the new European Association of Securities Dealers Automated Quotation system (EASDAQ) confirmed their approval of DynaMotive Technologies Corp.'s listing.

The EASDAQ system, funded by over 60 European financial institutions and intermediaries, is expected to commence its trading operations in September 1996. This exchange is based on European securities regulations and intended to operate in a similar spirit to that of NASDAQ, where smaller, high-growth companies can trade.

Presiding over operations of the new exchange as chairman will be Stanislas Yassukovich, the former chairman of Merrill Lynch Europe. At a meeting recently held between the European Association of Securities Dealers and EASDAQ, Philippe Maystadt, the Belgian Finance Minister, announced that the new exchange would have its headquarters in Brussels.

"We are honored and delighted to be the first company chosen to trade on Europe's newest capital market," said Reinhold Roth, DynaMotive's president and chief executive officer. "The news coincides with the opening of our European office in response to strong interest in our biomass-derived fuels and additives that make coal a clean-burning fuel -- without the need for expensive flue gas treatments."

Roth continued, "Europe is taking the lead in reducing harmful `greenhouse' emissions that are implicated in ozone destruction and global warming by taxing fossil fuels and promoting recycling of waste that otherwise would decompose and emit carbon dioxide and methane.

"Our Biomass Refinery converts organic waste into patented clean-burning fuel additives that lower operating costs and reduce SO2, NOx, CO2 stack emissions and flue gas particulate in coal-fired boilers. We have planned demonstrations of this process at UK and Scandinavian sites next year."

The company pursued a listing on EASDAQ as a means to expand its current European shareholder base and facilitate anticipated future capital required to meet demand for its environmental products worldwide. The new listing will make DynaMotive's stock available to institutions who only invest in companies listed on a European exchange.

DynaMotive is an advanced technology firm that helps solve environmental problems while improving industrial efficiency. In addition to the Biomass Refinery, other core technologies have been commercialized, including acid-free metal cleaning systems for steel manufacturing and motion-control systems for automotive assembly.

DynaMotive is headquartered in Vancouver, with U.S. offices in Waltham, Mass. DynaMotive's Internet home page is http://www.dynamotive.com/dmcc/.

CONTACT: DynaMotive Technologies

Bayne Boyes, 604/222-5590

or

Coffin-KCSA Investor Relations

Steven B. Johnson, 818/789-0100