PARK ELECTROCHEMICAL CORP. ANNOUNCES STOCK SALE BY PRESIDENT AND CHIEF EXECUTIVE OFFICER

LAKE SUCCESS, New York, December 29th, 2004…Park Electrochemical Corp. (NYSE-PKE) announced that Brian E. Shore, its President and Chief Executive Officer, has sold 30,000 shares of common stock of the company. Mr. Shore acquired these shares pursuant to the exercise of an incentive stock option on May 7, 2004, shortly before the expiration of the ten year option which had been granted to him in May 1994. Mr. Shore must sell these shares before the end of the calendar year to avoid the significant alternative minimum Federal income tax obligations resulting from the exercise of an incentive stock option, and he is selling the shares to obtain funds to finance the payment of the exercise price of the option. Mr. Shore has received no salary increase during the company’s last four fiscal years and has received no bonus since the company’s fiscal year ended February 25, 2001. As he has in the past, Mr. Shore rejected the Compensation Committee’s offer of a bonus for the fiscal year ended February 29, 2004 and a salary increase for the fiscal year ending 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 electronics, military, aerospace, wireless communication 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.

Additional corporate information is available on the World Wide Web at http://www.parkelectro.com.