PARK ELECTROCHEMICAL CORP. ANNOUNCES ONE-TIME SPECIAL DIVIDEND

Melville, New York, October 19, 2005……Park Electrochemical Corp. (NYSE-PKE) announced that its Board of Directors has declared a one-time, special cash dividend of $1.00 per share payable December 15, 2005 to stockholders of record at the close of business on November 15, 2005.

This special cash dividend is in addition to the regular quarterly cash dividend of $0.08 per share that the Company announced on September 16, 2005 payable November 1, 2005 to stockholders of record on October 4, 2005.

Brian Shore, Park’s Chairman of the Board and CEO, said, “Since the Company’s cash and marketable securities position has once again crept over $200 million, we thought this would be a good opportunity to recognize and reward our shareholders for their continuing support and interest through the payment of this special dividend. We want to be clear, however, that this special dividend is not in any respect intended to set a precedent for the future. In addition, this special dividend is not intended to have any bearing on our ongoing efforts to expand our business in the Advanced Materials arena, which efforts continue unabated. Thank you, again, our shareholders, for your continuing support and interest in our company.”

Certain portions of this press release may be deemed to constitute forward looking statements that are subject to various factors which could cause actual results to differ materially from Park’s expectations. Such factors include, but are not limited to, general conditions in the electronics industry, Park’s competitive position, the status of Park’s relationships with its customers, economic conditions in international markets, the cost and availability of utilities, and the various factors set forth under the caption “Factors That May Affect Future Results” after Item 7 of Park’s Annual Report on Form 10-K for the fiscal year ended February 27, 2005.

Park Electrochemical Corp. is a global advanced materials company which develops and manufactures high-technology digital and RF/microwave printed circuit materials and advanced composite materials for the electronics, military, aerospace, wireless communication, specialty and industrial markets. The Company’s manufacturing facilities are located in Singapore, China (currently under construction), France (two facilities), Connecticut, New York, Arizona and California. The Company operates under the FiberCote™, Nelco® and Neltec® names.