EXHIBIT 99.1 - JOINT FILING AGREEMENT

The undersigned hereby agree that the Statement on Schedule 13D (and any amendments thereto) relating to the common stock, par value $0.01 per share, of The Penn Traffic Company, a Delaware corporation, is being filed jointly with the Securities and Exchange Commission pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, on behalf of each of the undersigned.

This Agreement may be executed in counterparts and each of such counterparts taken together shall constitute one and the same instrument.

January 30, 2009

  KING STREET CAPITAL, L.P. By:   King Street Advisors, L.L.C.,          Its General Partner       By:/s/ Brian J. Higgins                                         Name:  Brian J. Higgins         Title:    Managing Member   KING STREET CAPITAL, LTD.       By:/s/ Brian J. Higgins                                         Name:  Brian J. Higgins         Title:    Director   KING STREET ADVISORS, L.L.C.       By:/s/ Brian J. Higgins                                           Name:  Brian J. Higgins         Title:    Managing Member   KING STREET CAPITAL MASTER FUND, LTD.       By:/s/ Brian J. Higgins                                               Name:  Brian J. Higgins         Title:    Director     KING STREET MASTER ADVISORS, L.L.C.       By:/s/ Brian J. Higgins                                           Name:  Brian J. Higgins         Title:    Managing Member     KING STREET CAPITAL MANAGEMENT, L.P. By:    King Street Capital Management GP, L.L.C. Its General Partner       By:/s/ Brian J. Higgins                                           Name:  Brian J. Higgins         Title:    Managing Member     KING STREET CAPITAL MANAGEMENT GP, L.L.C.     By:/s/ Brian J. Higgins                                            Name:  Brian J. Higgins         Title:    Managing Member       /s/ O. Francis Biondi, Jr.                                                       O. FRANCIS BIONDI, JR.       /s/ Brian J. Higgins                                    BRIAN J. HIGGINS