NEWS RELEASE

Contact: Martina Bar Kochva

48 South Service Road
Melville, NY 11747
(631) 465-3600

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

Melville, New York, August 5, 2009….Park Electrochemical Corp. (NYSE-PKE) announced that Brian E. Shore, its President and Chief Executive Officer, has sold 60,000 shares of common stock of the company. Mr. Shore acquired these shares pursuant to the exercise of stock options on June 10, 2009, shortly before the expiration of the ten year options which had been granted to him in June 1999. Mr. Shore must sell these shares before the end of the calendar year to avoid significant additional income tax obligations resulting from the exercise of the options, and he is selling the shares to obtain funds to finance the payment of the exercise price of the options and to pay the tax liability resulting from the exercise of the options. Mr. Shore has received no salary increase during the company’s last nine fiscal years and has received only one bonus since the company’s fiscal year ended February 25, 2001, which he received for the 2008 fiscal year and which he donated to charity. With the exception of the 2008 fiscal year bonus, Mr. Shore has declined to accept the Compensation Committee’s offer of bonuses and salary increases since 2001. In addition, although employment agreements have been offered to Mr. Shore on a number of occasions in the past, Mr. Shore has declined to accept such offers.


Park Electrochemical Corp. is a global advanced materials company which develops and manufactures high-technology digital and RF/microwave printed circuit materials principally for the telecommunications and internet infrastructure and high-end computing markets and advanced composite materials and parts principally for the aerospace markets. Park’s core capabilities are in the areas of polymer chemistry formulation and coating technology. Park also specializes in the manufacture of complex composite aircraft and space vehicle parts. The Company’s manufacturing facilities are located in Singapore, China, France, Connecticut, Kansas, Arizona, California and Washington.
 

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