Exhibit 99.1

           Glacier Water Receives Notice from American Stock Exchange

    VISTA, Calif.--(BUSINESS WIRE)--Nov. 30, 2005--Glacier Water
Services, Inc. (AMEX:HOO) announced today that the Company was
notified by the American Stock Exchange ("AMEX") that it is not in
compliance with the AMEX continued listing standards.
    Specifically, the Company does not have 300 or more public
shareholders as required by Section 1003(b)(i)(B) of the AMEX Company
Guide (the "Company Guide"). The Company currently has approximately
30 public shareholders of record and has no plans to attempt to
broaden its ownership to the level required by the AMEX. The Chairman
of the Board of Directors, Charles Norris, addressed this by stating,
"We have a small and loyal shareholder base that is pleased with the
positioning and prospects of the company. The Board has concluded that
it is not in the best interest of the Company to dilute the
shareholders' ownership positions for the purpose of satisfying this
requirement. Additionally, delisting and deregistration of the shares
will obviate the need to comply with the increasingly burdensome
administrative requirements of a National Market listed company. We
believe a delisting from the AMEX is appropriate at this time and will
not take away from the fundamental value of the Company."
    The notice from AMEX also states that the Company has
shareholders' equity below, and losses from continuing operations
and/or net losses in excess of, the amounts set forth in Sections
1003(a)(i), 1003(a)(ii), and 1003(a)(iii) of the Company Guide.
    Management believes that this aspect of the AMEX notice is
technical in nature and does not reflect the positive state of the
Company's overall financial position and operating performance.
Specifically, the Company's network of machines is carried on its
books at a level which understates its true economic value in light
of the significant free cash flow these machines generate. The Company
expects to continue to generate free cash flow at levels sufficient to
pay its operating costs, cash dividends on its preferred securities,
and to continue to support its growth plans.
    The Company intends to submit an application with the Securities
and Exchange Commission and the AMEX for the approval of the delisting
of its Common Stock and Trust Preferred Securities from the AMEX. The
Company intends, upon approval of the delisting, to take acts to
terminate the registration of its securities under the Securities
Exchange Act of 1934, as amended.
    The Company intends to facilitate the public trading of its
securities in the over-the-counter market through the "pink sheets."
The Company will continue to communicate with its shareholders via
quarterly earnings releases and audited annual financial statements.
    Glacier Water is the leader in the self-service bottled water
industry, providing high-quality, low-priced drinking water dispensed
to consumers through self-service bottled water machines located at
supermarkets and other retail locations.

    Statements in this announcement that are not purely historical are
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements with respect to the financial condition and results of
operations of the Company involve risks and uncertainties which are
detailed further in the filings of the Company with the Securities and
Exchange Commission, including, but not limited to, the Company's
Annual Report on Form 10-K for the year ended January 2, 2005.


    CONTACT: Glacier Water Services, Inc.
             W. David Walters, 760-560-1111