Park Electrochemical Corp. Announces Election of Stephen E. Gilhuley as Executive Vice President.

MELVILLE, N.Y. -- Park Electrochemical Corp. (NYSE:PKE) announced the election of Stephen E. Gilhuley as Executive Vice President, as well as Secretary and General Counsel, of the Company. Mr. Gilhuley has been employed by the Company since 1994 and has served as General Counsel since 1994, Secretary

since July 1996 and Senior Vice President since March 2001. Prior to joining the company, Mr. Gilhuley was General Counsel, Secretary and Vice President of Allen Telecom, Inc. (formerly The Allen Group, Inc.), where he was employed for fifteen years, after having been an associate lawyer with the law firm of Shearman & Sterling in New York City. Mr. Gilhuley received a B.A. degree from Yale University and a J.D. degree from Vanderbilt University School of Law.

Brian Shore, Park's President and CEO, said, "Obviously, Steve is one of the company's very key employees. Steve's mental toughness, integrity and unwavering dedication are extremely valuable to the company. Certainly, Steve has earned the distinction of being Park's only Executive Vice President."

Park Electrochemical Corp. is a global advanced materials company which develops and manufactures high-technology digital and RF/microwave printed circuit materials (the Nelco[R] product line) and advanced composite materials (the Nelcote[TM] 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.

Additional corporate information is available on the Company's web site at www.parkelectro.com.