EXHIBIT 99.2 ------------ WAIVER AND FORBEARANCE AGREEMENT WAIVER AND FORBEARANCE AGREEMENT dated as of May 2, 2003 (the "AGREEMENT"), among The Penn Traffic Company, Dairy Dell, Inc., Big M Supermarkets Inc. and Penny Curtiss Baking Company Inc....Waiver and Forbearance Agreement • May 5th, 2003 • Penn Traffic Co • Retail-grocery stores • New York
