Exhibit 99

Warwick Valley Telephone Company (the "Company") announced today that it is
filing its Quarterly Report on Form 10-Q for the period ended June 30, 2004 (the
"June 30 10-Q"). The Company's Common Shares will no longer be subject to
delisting from the Nasdaq National Market because of the Company's late filing
of its June 30 10-Q. Within approximately 48 hours of the time the June 30 10-Q
is filed, the symbol under which Company's Common Shares trade on the Nasdaq
National Market will return to its regular form, "WWVY," rather than "WWVYE."