PARK ELECTROCHEMICAL CORP. DECLARES CASH DIVIDEND

Melville, New York, December 15, 2006…..The Board of Directors of Park Electrochemical Corp. (NYSE – PKE) declared a regular quarterly dividend of $0.08 per share payable February 7, 2007 to stockholders of record at the close of business on January 7, 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’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.