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Sheldahl Board Elects Donaghy Chairman, Lundstrom CEO

27 January 1999

Sheldahl Board Elects Donaghy Chairman, Lundstrom CEO

                 Roering Re-Elected by Board as Vice-Chairman

    NORTHFIELD, Minn., Jan. 27 -- Sheldahl, Inc. ,
today said that its Board of Directors had elected Edward L. Lundstrom to the
additional position of Chief Executive Officer and James E. Donaghy as
Chairman of the Board. In addition, the Board re-elected Kenneth J. Roering as
Vice-Chairman. Lundstrom, who was named President of the Company in September,
1997, will retain that title. Previously, Donaghy had served as Sheldahl's
Chief Executive Officer. In December, 1998, Sheldahl announced that its Board
of Directors had elected Roering as Vice-Chairman of the Board and Chairman of
a new Oversight Committee of the Board, which was established to assist
management in achieving the Company's stated goals and objectives.
    Roering said, "As the Board's liaison with Sheldahl's management, I am
extremely pleased at the election of these two committed executives to their
respective leadership positions: Ed directing the Company's operations, and
Jim focusing on strategic partnerships and supporting our relationships with
investors. The Board and I look forward to working in a unique partnership
with Ed and Jim to realize the tremendous potential that exists for Sheldahl's
products in its target markets." Roering noted, "We are all extremely excited
about the Company's prospects for improved performance and enhanced
shareholder value, as we achieve the goals set forth in Sheldahl's strategic
plan."
    Roering is Paul S. Gerot Chair in Marketing, Carlson School of Management,
University of Minnesota. Other Oversight Committee members are Raymond C.
Wieser, Corporate Vice President and Senior Vice President, Americas Region,
Molex Incorporated; and Dennis M. Mathisen, Chief Executive Officer, Marshall
Financial Group, Inc.
    Sheldahl is a leading producer of high-density substrates, high-quality
flexible printed circuitry, and flexible laminates primarily for sale to the
automotive electronics and datacommunications markets. The Company, which is
headquartered in Northfield, Minn., has operations in Northfield; Longmont,
Colo.; Detroit, Mich.; South Dakota; Toronto, Ontario, Canada; and Chihuahua,
Chih., Mexico. Its sales offices are located in Hong Kong, China; Singapore;
and Mainz, Germany. Sheldahl's common stock trades on the Nasdaq National
Market tier of the Nasdaq Stock Market under the symbol:  SHEL. Sheldahl news
and information can be found on the World Wide Web at http://www.sheldahl.com
    Statements contained here, other than historical data, may be forward-
looking and subject to risks and uncertainties including, but not limited to,
those set forth in the Company's annual report, 10K, 10Q, and other SEC
filings.