Park Electrochemical Corp. Announces Election of President of Park’s Nelco New York Business Unit

Lake Success, New York, August 5, 2002….Park Electrochemical Corp. (NYSE – PKE) announced the election of M. Teresa Truppi as President of New England Laminates Co., Inc. (“Nelco New York“), Park’s high technology volume printed circuit material business located in Newburgh, New York. Ms. Truppi will succeed John Jongebloed in that capacity and will report to Brian E. Shore, Park’s President and Chief Executive Officer. Mr. Jongebloed also serves as Senior Vice President, Global Logistics of Park Electrochemical Corp. and will continue to serve in that capacity and report to Brian E. Shore.

Ms. Truppi has held senior operations positions at DMC² Corporation, a wholly owned subsidiary of Degussa AG, where she was Vice President, Global Operations for the Electronic Materials division from 1996 to 2000 and Executive Vice President since that time, at Alphatec USA/Indy Electronics, where she was Vice President of Operations from 1993 to 1995, and previously at Advanced Micro Devices where she held a manufacturing logistics management position. Ms. Truppi received a Bachelor of Science degree in chemical engineering from New Jersey Institute of Technology in 1983 and a Master of Business Administration degree from The Wharton School at the University of Pennsylvania in 1989.

Brian Shore, Park’s President and CEO, said, “I am very pleased that Teresa Truppi has joined our company as the leader of our very important Nelco/New York business unit. Teresa is joining Nelco/New York as its leader at a crucial time when Nelco/New York is enhancing and refining all of the new manufacturing technology which has been recently installed and brought on line. We are all very much looking forward to working with Teresa. I am also very pleased that John Jongebloed will now be able to focus all of his attention on the company’s crucial global logistics function.”

Park Electrochemical Corp. is a leading global designer and producer of electronic materials used to fabricate complex multilayer printed circuit boards and interconnection systems. Park specializes in advanced materials for high layer count circuit boards and high speed digital broadband telecommunications, internet and networking applications. Park’s electronic materials business operates through fully integrated business units in Asia, Europe and North America. The Company’s manufacturing facilities are located in Singapore, China, Germany, France, England, Connecticut, New York, Arizona and California. Park’s electronic materials business operates under the “Nelco” name.