Corporate Profile for Penn Traffic Company, dated July 30, 1999.

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Published Date:   July 30, 1999

Company Name:     Penn Traffic

Address:          1200 State Fair Blvd.
                  Syracuse, NY  13221

Main Telephone

 Number:          315/453-7284

Internet Home
 Page Address
  (URL)

Chief Executive
 Officer:         Joseph V. Fisher

Chief Financial
 Officer:         open

Investor Relations
 Contact:         Randy Martin
 Business number: 315/461-2423
 E-mail address:

Public Relations
 Contact:         Randy Martin
 Business number: 315/461-2423
 E-mail address:

Industry:         Retail/Food

Trading Symbol/
 Exchange:        PETRV/OTC-Bulletin Board

Market Makers:

     Company description: The Penn Traffic Company is one of the
leading food retailers in the eastern United States, operating 213
super-markets in upstate New York, Pennsylvania, Ohio and West
Virginia under the Big Bear, Big Bear Plus, Bi-Lo Foods, P&C Foods and
Quality Market trade names. Penn Traffic also operates wholesale food
distribution businesses serving 93 licensed franchises and 75
independent operators.

                       The Penn Traffic Company
                   Consolidated Statement of Operations
            (In thousands of dollars, except per share data)


                        THIRTEEN WEEKS ENDED    FIFTY-TWO  WEEKS ENDED
                       January 30, January 31,  January 30, January 31,
                           1999         1998       1999        1998
                         ----------   ---------  ----------  ---------

Total Revenues (1)      $ 690,496   $ 750,607   $2,828,109  $3,010,065

Costs and Operating
 Expenses:
  Cost of sales
  (including buying and
   occupancy costs)(2)    537,248     578,788    2,213,801   2,317,847
  Selling and
   administrative
   expenses (3)           149,174     151,080      602,382     625,731
  Restructuring
   charges (3)                  0           0            0      10,704
  Unusual items (2)        16,195     (24,218)      61,355     (24,218)
  Write-down of long-lived
   assets (4)              52,330      26,982      143,842      26,982
                        ---------   ---------   ----------  ----------

Operating (Loss) Income   (64,451)     17,975     (193,271)     53,019
  Interest expense         36,485      37,773      147,737     149,981
                        ---------   ---------   ----------  ----------

(Loss) Before Income
 Taxes                   (100,936)    (19,798)    (341,008)    (96,962)
  (Benefit) for
   income taxes (5)        (7,356)     (6,948)     (23,914)    (35,836)
                        ---------   ---------   ----------  ----------

Net (Loss)              $ (93,580)  $ (12,850)  $ (317,094) $  (61,126)
                        =========   =========   ==========  ==========


Per Share Data (Basic
 and Diluted):
  Net (loss) (6)        $  ( 8.85)  $   (1.22)  $   (30.00) $    (5.78)
                        =========   =========   ==========  ==========


Supplemental Data (in thousands of dollars, except percentage
and per share data)

EBITDA (7)                $25,153    $42,477       $99,450    $165,283
EBITDA as a percentage
 of total revenues           3.6%       5.7%          3.5%        5.5%
Operating Income, before
 unusual items             6,774     20,739        19,894       73,975
Depreciation and
 amortization             17,877     21,395        77,179       88,966
LIFO provision               501        343         2,376        2,343
Cash interest expense     35,842     36,576       143,411      145,177
Net (loss), excluding
 unusual items           (22,355)   (11,219)     (103,929)     (48,764)
(Loss) per share,
 excluding unusual items   (2.11)     (1.06)        (9.83)       (4.61)