<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>enr4q04.txt
<DESCRIPTION>NEWS RELEASE 4TH QUARTER AND FYE RESULTS
<TEXT>


                   PARK ELECTROCHEMICAL CORP.
    NEWS RELEASE
Contact:  Murray Stamer
5 Dakota Drive
Lake Success, NY 11042

(516) 354-4100

PARK ELECTROCHEMICAL REPORTS FOURTH QUARTER AND FISCAL YEAR
RESULTS

LAKE SUCCESS, New York, April 27, 2004......Park Electrochemical
Corp.  (NYSE-PKE) reported sales from continuing  operations  of
$55,289,000  for  the  fourth quarter ended  February  29,  2004
compared to sales from continuing operations of $45,096,000  for
the  fourth  quarter of last year.  Park's sales from continuing
operations  for  the fiscal year ended February  29,  2004  were
$194,236,000   compared  to  last  fiscal  year's   sales   from
continuing operations of $195,578,000.  (As reported on February
4,   2004,  Park  discontinued  the  financial  support  of  its
Dielektra GmbH subsidiary in Germany.  Accordingly, the  Company
is treating Dielektra as a discontinued operation.)

Park  reported  a  net profit from continuing operations  before
special  items  of  $4,124,000  for  the  fourth  quarter  ended
February  29,  2004,  compared to a net profit  from  continuing
operations  before  special items of $505,000  for  last  year's
fourth  quarter.  For the fiscal year ended February  29,  2004,
Park  reported  a  net profit from continuing operations  before
special  items  of  $7,031,000 compared to  a  net  profit  from
continuing operations before special items of $3,589,000 for the
prior  fiscal year.  Park reported net earnings from  continuing
operations of $7,748,000 for the quarter ended February 29, 2004
compared to net losses from continuing operations of $44,127,000
for   the  quarter  ended  March  2,  2003.   The net  loss  was
$15,424,000 for the quarter ended February 29, 2004 compared  to
a net loss of $46,406,000  for the prior year's fourth  quarter.
Net earnings from continuing operations were $29,909,000 for the
year ended February  29,  2004  compared  to  a  net  loss  from
continuing operations of $43,864,000 for the year ended March 2,
2003. The net loss was $3,852,000 for the year ended February 29,
2004 compared to a net loss of $50,759,000 for the prior year.

Park's  diluted  earnings  per share from  continuing  operations
before  special  items  were $.20 for the  fourth  quarter  ended
February 29, 2004 compared to diluted earnings per share of  $.03
for  last year's fourth quarter.  Diluted earnings per share from
continuing  operations before special items  were  $.35  for  the
fiscal  year  ended February 29, 2004 compared to  $.18  for  the
prior  fiscal  year.  Diluted earnings per share from  continuing
operations  were  $.38 for the quarter ended  February  29,  2004
compared  to a loss per share from continuing operations of $2.24
for the quarter ended March 2, 2003.  The loss per share was $.76
for the  quarter  ended  February 29, 2004 compared to a loss per
share of $2.36 for the prior year's fourth quarter. Diluted earn-
ings per share from continuing operations were $1.50 for the year
ended  February  29, 2004  compared  to a  loss per  share  from
continuing operations of $2.23 for the year ended March 2,  2003.
The loss per share was $.19 for the year ended February 29, 2004
compared to a loss per share of $2.58 for the prior year.

Brian Shore, Park's President and CEO, said, "Although the global
markets  for  our  electronic  materials  products  have  clearly
improved  from the industry depression which began a little  over
three  years  ago, there still are some mixed signals  about  the
near-term  prospects  for  our industry.   Notwithstanding  these
mixed  short-term signals, it is clear to us that the future  for
our  business  is in Asia and in technology!  As  a  result,  our
focus  as  a company is toward continuing to expand and grow  our
business  presence  in Asia and toward upgrading,  enhancing  and
driving our technology.  As always, our resources and our efforts
are dedicated toward building the long-term fundamental value  of
the   company   rather  than  toward  achieving  short-term   and
transitory objectives."

The  Company  will  conduct a conference  call  to  discuss  its
financial  results at 11:00 a.m. EDT today. Forward-looking  and
other  material information may be discussed in this  conference
call. The conference call dial-in number is (800) 665-0430.

For  those  unable to listen to the call live, a conference  call
replay  will be available from approximately 2:00 p.m. EDT  today
through  11:59 p.m. EDT on Saturday, May 1, 2004. The  conference
call  replay  can  be  accessed by  dialing  (888)  203-1112  and
entering   passcode  421153  or  on  the  Company's  website   at
www.parkelectro.com   under  the  caption  "Investor   Conference
Calls".

Any  additional material financial or statistical data  disclosed
in  the conference call will also be available at the time of the
conference  call on the Company's web site at www.parkelectro.com
under the caption "Investor Conference Calls".

Park believes that an evaluation of its ongoing operations would
be  difficult  if the disclosure of its financial  results  were
limited  to  generally accepted accounting  principles  ("GAAP")
financial  measures. Accordingly, in addition to disclosing  its
financial  results  determined in  accordance  with  GAAP,  Park
discloses non-GAAP operating results that exclude special  gains
and  charges  in  order  to assist its  shareholders  and  other
readers  in assessing the company's operating performance.  Such
non-GAAP  financial  measures are  provided  to  supplement  the
results provided in accordance with GAAP.

Certain  portions  of  this  press  release  may  be  deemed  to
constitute  forward  looking  statements  that  are  subject  to
various  factors  which  could cause actual  results  to  differ
materially from Park's expectations.  Such factors include,  but
are  not  limited  to,  general conditions  in  the  electronics
industry,  Park's  competitive position, the  status  of  Park's
relationships   with  its  customers,  economic  conditions   in
international  markets, the cost and availability of  utilities,
and  the  various  factors set forth under the caption  "Factors
That  May  Affect Future Results" after Item 7 of Park's  Annual
Report on Form 10-K for the fiscal year ended March 2, 2003.

Park  Electrochemical  Corp. is a leading  global  designer  and
producer  of  electronic  materials used  to  fabricate  complex
multilayer  printed circuit boards and interconnection  systems.
Park  specializes  in advanced materials for  high  layer  count
circuit  boards and high speed RF/Microwave electronic  systems.
Park's  electronic  materials business  operates  through  fully
integrated  business units in Asia, Europe  and  North  America.
The Company's manufacturing facilities are located in Singapore,
China,  France,  Connecticut, New York, Arizona and  California.
Park's  electronic materials business operates under the "Nelco"
name.

Additional corporate information is available on the World  Wide
Web at www.parkelectro.com and www.parknelco.com.


<TABLE>
<CAPTION>
The performance table (in thousands, except per share amounts):

                                      13 weeks ended    52 weeks ended
                                     3/2/03  2/29/04   3/2/03  2/29/04
 <s>                                 <c>     <c>       <c>     <c>
 Basic Earnings (Loss) Per Share:
  Earnings (Loss) from
   Continuing Operations            $ 0.39  $ (2.24)  $ 1.51  $ (2.23)
   Loss on Discontinued Operations   (1.17)   (0.12)   (1.71)   (0.35)
                                   -------- --------  ------- --------
                                    $(0.78) $ (2.36) $ (0.20) $ (2.58)

 Earnings (Loss) from Continuing
  Operations before Special Items:  $ 0.21   $ 0.03  $  0.36  $  0.18

 Weighted Average Share Outstanding 19,783   19,684   19,754   19,674

 Diluted Earnings (Loss)Per Share:
   Earnings (Loss) from
   Continuing Operations           $  0.38   $(2.24)  $ 1.50  $ (2.23)
   Loss on Discontinued Operations   (1.14)   (0.12)   (1.69)   (0.35)
                                   -------- --------  ------- --------
                                   $ (0.76)  $(2.36)  $(0.19) $ (2.58)

 Earnings (Loss) from Continuing
 Operations before Special Items    $ 0.20   $ 0.03   $ 0.35  $   0.18

Weighted Average Shares Outstanding 20,167   19,870   19,991    19,979
 </TABLE>


The comparative balance sheets (in thousands):

                                       2/29/04     3/2/03
  Assets

   Current Assets
    Cash and Temporary Investments    $189,186   $162,935
    Accounts Receivable, Net            36,149     30,272
    Inventories                         11,707     12,688
    Other Current Assets                 3,040      4,690

       Total Current Assets            240,082    210,585

   Fixed Assets, Net                    70,569     90,503
   Other Assets                            419        454

        Total                         $311,070   $301,542

   Liabilities and Stockholders' Equity
   Current Liabilities
    Accounts Payable                  $ 14,913  $  15,145
     Accrued Liabilities                24,468     21,790
     Income Taxes Payable                3,248      3,376

        Total Current Liabilities       42,629     40,311

   Deferred Income Taxes                 5,107      4,539
   Liabilities from Discontinued
    Operations                          19,428          -
   Deferred Pension Liability                -     10,991

       Total Liabilities                67,174     55,841

   Stockholders' Equity                243,896    245,701

       Total                          $311,070   $301,542

   Equity Per Share                     $12.33     $12.48

 <TABLE>
 <CAPTION>
 Detailed operating information (in thousands):
                                  13 Weeks Ended    52 Weeks Ended
                                  --------------    --------------
                                 2/29/04   3/2/03   2/29/04   3/2/03
 <x>                             <c>      <c>      <c>      <c>
 Before Special Items:
 --------------------
 Net Sales                       $55,289  $45,096  $194,236 $195,578
 Cost of Sales                    42,895   39,032   161,536  168,921
     %                             77.6%    86.6%     83.2%    86.4%
 Gross Profit                     12,394    6,064    32,700   26,657
     %                             22.4%    13.4%     16.8%    13.6%
 Selling, General and
   Administrative Expenses         7,708    6,471    27,962   27,157
     %                             13.9%    14.3%     14.4%    13.9%
 Profit (Loss) from Operations     4,686    (407)     4,738    (500)
     %                              8.5%    -0.9%      2.4%    -0.3%
 Other Income                        764      739     2,958    3,260
     %                              1.4%     1.6%      1.5%     1.7%
 Pre-Tax Operating Profit          5,450      332     7,696    2,760
     %                              9.9%     0.7%      4.0%     1.4%
 Income Tax Provision (Benefit)    1,326    (173)       665    (829)
   Effective Tax Rate              24.3%   -52.1%      8.6%   -30.0%
 Net Profit from Continuing Operations
   before Special Items            4,124      505     7,031    3,589
     %                              7.5%     1.1%      3.6%     1.8%

 Special Items:
 -------------
 Delco Lawsuit                         -         -   33,088         -

 Gain on Sale of UK Real Estate        -         -      429         -

 Realignment Charges                 (30)  (49,035)  (8,469)  (53,829)

 Gain on Sale of Dielectric
    Polymers, Inc.                     -         -        -     3,170

 Pre-Tax Special Items               (30)  (49,035)  25,048   (50,659)

 Income Tax Provision (Benefit)   (3,654)   (4,403)   2,170    (3,206)

 After-Tax  Special  Items         3,624   (44,632)  22,878   (47,453)

 Earnings (Loss) from Continuing
  Operations before Income Taxes   5,420   (48,703)  32,744   (47,899)

 Income Tax Provision (Benefit)   (2,328)   (4,576)   2,835    (4,035)

 Net Earnings (Loss) from
   Continuing Operations           7,748   (44,127)  29,909   (43,864)

 Loss from Discontinued
   Dielektra  Operations         (23,172)   (2,129) (33,761)   (6,745)

 Income Tax Provision (Benefit)        -       150        -       150

 Net Loss from Discontinued
    Operations                   (23,172)   (2,279) (33,761)   (6,895)

 Net Loss                       $(15,424) $(46,406) $(3,852) $(50,759)
</TABLE>
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