1 NEWS RELEASE CONTACTS: David P. Tusa, Senior Vice- TELEPHONE: 713/644-9974 President Finance & Administration Pat Solis, Treasurer and Investor Relations SERV-TECH ANNOUNCES TERMINATION OF MERGER DISCUSSIONS WITH HYDROCHEM HOUSTON, TEXAS (30 September 1996) -- Serv-Tech, Inc. (NASDAQ - STEC) today announced the termination of merger negotiations with HydroChem Industrial Services. The parties were not able to reach final mutually-agreeable terms and conditions. In light of this development the Company has engaged the investment banking firm of Simmons & Company International to assist in exploring strategic alternatives to enhance shareholder value. SERV-TECH provides innovative specialty maintenance, electrical and instrumentation, and environmental services and products to the hydrocarbon processing, oil production, food, power, and pulp and paper industries worldwide. ###