EXHIBIT 99.1
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[GRAPHIC OMITTED - LOGO]
THE PENN TRAFFIC COMPANY


 FOR IMMEDIATE RELEASE                  CONTACT:  Marc Jampole
                                                  Jampole Communications, Inc.
                                                  412-471-2463


           PENN TRAFFIC ANNOUNCES APPOINTMENT OF NEW SENIOR OFFICERS

         SYRACUSE,  NEW YORK -  OCTOBER  3,  2006 - The Penn  Traffic  Company
(OTC:PTFC) today announced that Robert Chapman, President and CEO, has retired
from the  Company  and  resigned  from the Board of  Directors  of the Company
effective October 2, 2006.

         Gregory  J.  Young,  Penn  Traffic's  Senior  Vice  President,  Chief
Marketing and Distribution  Officer,  and Robert Panasuk,  formerly  Executive
Vice President at A&P, have been named Co-Chief Operating Officers.

         Mr. Young has been with Penn Traffic since July of this year.  Before
joining  Penn  Traffic,  he headed  the  retail  operations  of C&S  Wholesale
Grocers.  Previously  he was a Group  Vice  President  of A&P.  His  areas  of
responsibility will include merchandising,  marketing, distribution, wholesale
and franchise  operations,  bakery manufacturing,  information  technology and
internal audit.

         Mr.  Panasuk was most recently  Executive Vice President of A&P where
has was responsible for  merchandising,  marketing and  distribution  for U.S.
operations.  His areas of  responsibility  at Penn Traffic will include  store
operations,  human resources,  finance,  legal, real estate,  construction and
maintenance.

         Mr. Kelly,  Chairman of the Board of Directors of Penn Traffic,  said
"Bob  Chapman  played a very  important  role by leading  the  company  out of
chapter 11 and did so in a very  competitive  environment.  He devoted a large
part of his life to Penn Traffic.  Bob is respected by our employees,  vendors
and the community and he will be missed by us all."

         "Greg Young has a proven track record in generating  sales growth and
improving the  merchandising of the supermarkets he has been associated with,"
said Mr. Kelly and "Bob  Panasuk is a veteran  supermarket  executive  with an
impressive history of implementing operations improvements and cost reduction.
He will play a crucial role by bringing these skills to Penn Traffic."


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FORWARD LOOKING STATEMENTS

         This press release contains forward-looking statements, as defined in
the Private Securities  Litigation Reform Act of 1995, as amended,  reflecting
management's  current  analysis  and  expectations,  based on what  management
believes  to  be  reasonable  assumptions.  These  forward-looking  statements
include  statements  relating to our  anticipated  financial  performance  and
business prospects.  Statements preceded by, followed by or that include words
such as  "believe,"  "anticipate,"  "estimate,"  "expect,"  "could," and other
similar  expressions  are to be considered  such  forward-looking  statements.
Forward-looking  statements may involve known and unknown risks, uncertainties
and other  factors,  which may cause the actual  results to differ  materially
from those  projected,  stated or implied,  depending  on such factors as: the
ability of the Company to improve its operating performance and effectuate its
business plans; the ability of the Company to operate pursuant to the terms of
its credit  facilities and to comply with the terms of its lending  agreements
or to amend or modify the terms of such  agreements as may be needed from time
to time;  its ability to generate  cash;  its ability to attract and  maintain
adequate capital;  its ability to refinance;  increases in prevailing interest
rates;  the ability of the Company to obtain trade  credit,  and shipments and
terms with vendors and service  providers  for current  orders;  the Company's
ability to maintain  contracts that are critical to its operations;  potential
adverse  developments  with respect to the  Company's  liquidity or results of
operations; general economic and business conditions;  competition,  including
increased  capital  investment  and  promotional  activity  by  the  Company's
competitors;  availability, location and terms of sites for store development;
the successful  implementation of the Company's capital  expenditure  program;
labor  relations;  labor and employee  benefit  costs  including  increases in
health care and pension  costs and the level of  contributions  to the Company
sponsored pension plans; the result of the pursuit of strategic  alternatives;
economic and  competitive  uncertainties;  changes in  strategies;  changes in
generally  accepted  accounting  principles;  adverse  changes in economic and
political  climates  around  the world,  including  terrorist  activities  and
international hostilities;  and the outcome of pending or yet-to-be-instituted
legal  proceedings and governmental  investigations,  including the previously
announced SEC and U.S. Attorney's Office investigations.  The Company cautions
that the foregoing list of important  factors is not exhaustive.  Accordingly,
there  can  be no  assurance  that  the  Company  will  meet  future  results,
performance  or  achievements  expressed  or implied  by such  forward-looking
statements.   This   paragraph   is  included  to  provide   safe  harbor  for
forward-looking  statements,  which are not generally  required to be publicly
revised as  circumstances  change,  and which the  Company  does not intend to
update.

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         The Penn Traffic Company  operates 111  supermarkets in Pennsylvania,
upstate New York,  Vermont and New Hampshire  under the BiLo,  P&C and Quality
trade names. Penn Traffic also operates a wholesale food distribution business
serving 74 licensed franchises and 48 independent operators and Penny Curtiss,
a Syracuse-based commercial bakery.


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