SINGAPORE - June 2000 - Mitsui & Co., Ltd has been appointed by Nelco Products Pte, Ltd., a wholly-owned subsidiary of Park Electrochemical Corp., as Nelco's exclusive Asian Regional sales representative in Japan, Taiwan, Philippines, Vietnam, Thailand, Indonesia and China (outside of Hong Kong and the Guangdong Province).

This mutually beneficial relationship between Mitsui & Co., Ltd. and Nelco Products Pte, Ltd., comes at an important time with the recent completion of Nelco's Singapore facilities expansion. Mitsui will play an important part as Nelco further expands its capabilities with additional growth at its Singapore factory and will increase Nelco's sales and customer support presence in several key Far East countries. Mitsui & Co., Ltd is Japan's largest sogo shosha, or general trading company. The company's annual sales in 1999 were 14 Trillion Yen. Mitsui has 58 offices in Asia. The Company's principal activities are facilitating its clients international trade-related activities and making use of its substantial information, human resource, financial and other resources to create new trade flows, enterprises and industries around the world.

Park Electrochemical Corp. (NYSE-PKE) is a leading designer and producer of advanced electronic materials used to fabricate complex multilayer printed circuit boards and interconnection systems. Park's electronic materials business operates under the "Nelco" name with eight production facilities in the United States, Europe and Southeast Asia. Park's Nelco companies produce prepreg, laminates, ultra thin materials, mass lamination and semi-finished multilayers. Park also manufactures specialty adhesive tapes and advanced composite materials for the electronics, aerospace and industrial markets.

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