PARK ELECTROCHEMICAL CORP. ANNOUNCES SPECIAL DIVIDEND

Melville, New York, July 19, 2007…..Park Electrochemical Corp. (NYSE – PKE) announced that its Board of Directors has declared a special cash dividend of $1.50 per share payable August 22, 2007 to stockholders of record at the close of business on August 1, 2007.

This special cash dividend is in addition to the regular quarterly cash dividend of $0.08 per share that the Company announced on June 6, 2007 payable August 8, 2007 to stockholders of record on July 6, 2007.

Park Electrochemical Corp. is a global advanced materials company which develops and manufactures high-technology digital and RF/microwave printed circuit materials (the Nelco® product line) and advanced composite materials (the Nelcote™ product line) principally for the telecommunications and internet infrastructure, high-end computing and aerospace markets. Park focuses on the general aviation aircraft segment of the aerospace market. Park’s core capabilities are in the areas of polymer chemistry formulation and coating technology. The Company’s manufacturing facilities are located in Singapore, China, France, Connecticut, New York, Arizona and California.