X0202 4 2006-02-02 0 0000077155 PENN TRAFFIC CO PTFC.PK 0001218199 KING STREET CAPITAL MGMT LLC 65 EAST 55TH STREET 30TH FLOOR NEW YORK NY 10022 0 0 1 0 Common Stock 2006-02-02 4 P 0 160 15.00 A 374208 I King Street Capital, L.P. Common Stock 2006-02-02 4 P 0 308 15.00 A 737571 I King Street Capital, Ltd. Common Stock 2006-02-02 4 P 0 32 15.00 A 55129 I King Street Institutional, Ltd. Common Stock 2006-02-03 4 P 0 8000 15.30 A 63129 I King Street Institutional, Ltd. (1) These securities are owned by King Street Capital, L.P., King Street Capital, Ltd.. and King Street Institutional, Ltd.. King Street Capital Management, L.L.C. has been delegated investment advisory responsibilities by King Street Advisors, L.L.C., the General Partner of King Street Capital, L.P. and is also the investment manager of King Street Capital, Ltd. and King Street Institutional, Ltd. O. Francis Biondi, Jr. and Brian Higgins are the managing principals of King Street Capital Management, L.L.C. (2) Each of the reporting person and the joint filers disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that the reporting person or any joint filer is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or for any other purpose. King Street Capital Management, L.L.C., Reporting Person By: /s/ Brian J. Higgins, Managing Principal 2006-02-06