EXHIBIT 99.1 ------------ WAIVER AND FORBEARANCE AGREEMENT WAIVER AND FORBEARANCE AGREEMENT dated as of August 30, 2002 (the "AGREEMENT"), among The Penn Traffic Company, Dairy Dell, Inc., Big M Supermarkets Inc. and Penny Curtiss Baking Company Inc....Waiver and Forbearance Agreement • August 30th, 2002 • Penn Traffic Co • Retail-grocery stores • New York
