Kuhns Committee Self Destructs.

MONTREAL--(BUSINESS WIRE)--Aug. 8, 1997--Dominion Bridge Corporation (NASDAQ/NMS: DBCO; VSE: DMO.U), in response to a press release issued by Kuhns committee earlier, the Company announced that the last ditch slanderous allegations of Kuhns, which bear no relationship to truth or reality, only demonstrate the desperate condition of the Kuhns committee and underline the fact that Kuhns committee does not have the votes and needs to revert to his corporate terrorist acts.

Value oriented shareholders have given their majority support to the proposal of the Board of the Company to mandate Legg Mason, its investment Banker, to find a strategic investor for the Company. Further, the majority of shareholders see no need for supporting the Kuhns committee, which brings nothing to the table, and whose business plan fell apart and was ridiculed by its own supporters.

The Company also announced that it had been approached indirectly by representatives of the Kuhns committee to pay its expenses, and a finder's fee for Kuhns personally in light of an imminent defeat by the Kuhns committee. The Company would not entertain such a proposal which amounted only to green mail and brought no value to shareholders.

Michel L. Marengere commented that "at a time when the Company is Seeing some very positive developments and the Legg Mason process is well advanced, we find it unfortunate for all shareholders that Kuhns is trying to bring this to his lower level and reinitiating a slander campaign which delivers nothing but negatives to the company's shareholders, and is strictly aimed at undermining share value and hindering corporate progress."

Dominion Bridge was established in 1879. The Company is active in the international engineering and infrastructure markets. It manages projects and operates facilities in North and South America, Europe and the Asia Pacific. The Company, together with its subsidiaries, employs more than 6,500 people, with this year's anticipated revenues of over US $600 million consolidated backlog is approximately US $500 million.

Dominion Bridge Corporation's subsidiaries are Dominion Bridge, Inc., Steen Becker, Inc. and Davie Industries. Its Australia subsidiary, McConnell Dowell Corporation is a major Asia Pacific engineering firm.

This release was neither approved nor disapproved by the Vancouver Stock Exchange.

CONTACT: Michael Porter 

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