<SUBMISSION>
<ACCESSION-NUMBER>0000950152-05-004639
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>2
<PERIOD>20050517
<ITEMS>3.01
<ITEMS>8.01
<ITEMS>9.01
<FILING-DATE>20050520
<DATE-OF-FILING-DATE-CHANGE>20050520
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>WARWICK VALLEY TELEPHONE CO
<CIK>0000104777
<ASSIGNED-SIC>4813
<IRS-NUMBER>141160510
<STATE-OF-INCORPORATION>NY
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>000-11174
<FILM-NUMBER>05847935
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>47 49 MAIN ST
<CITY>WARWICK
<STATE>NY
<ZIP>10990
<PHONE>9149861101
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>47 49 MAIN ST
<STREET2>PO BOX 592
<CITY>WARWICK
<STATE>NY
<ZIP>10990
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>l14111ae8vk.htm
<DESCRIPTION>WARWICK VALLEY TELEPHONE COMPANY   8-K
<TEXT>
<HTML>
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<TITLE>Warwick Valley Telephone Company   8-K</TITLE>
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<DIV style="font-family: 'Times New Roman',Times,serif">



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<P align="center" style="font-size: 14pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>


<P align="center" style="font-size: 10pt"><HR size="1" noshade width="26%" align="center" color="#000000">


<P align="center" style="font-size: 18pt"><B>FORM 8-K</B>


<P align="center" style="font-size: 12pt"><B>CURRENT REPORT<BR>
PURSUANT TO SECTION 13 OR 15(d) OF<BR>
THE SECURITIES EXCHANGE ACT OF 1934</B>


<P align="center" style="font-size: 10pt"><B>Date of Report (Date of earliest event reported): May&nbsp;17, 2005</B>


<P align="center" style="font-size: 24pt"><B>Warwick Valley Telephone Company</B>



<div align="center" style="font-size: 10pt">(Exact name of registrant as specified in its charter)</div>


<DIV align="center">
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    <TD align="center" valign="top"><B>0-11174</B><BR>
(Commission File No.)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>14-1160510</B><BR>
(I.R.S. Employer Identification No.)</TD>
</TR>
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</DIV>


<P align="center" style="font-size: 10pt"><B>New York</B><BR>
(State or other jurisdiction of incorporation or organization)



<P align="center" style="font-size: 10pt"><B>47 Main Street<BR>
Warwick, New York 10990<BR>
(845)&nbsp;986-8080</B><BR>
(Address, including zip code, and telephone number,<BR>
including area code, of Registrant&#146;s principal executive offices)



<P align="left" style="font-size: 10pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
obligation of the registrant under any of the following provisions:


<P align="left" style="font-size: 10pt"><FONT face="Wingdings">&#111;</FONT> Written communication pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)


<P align="left" style="font-size: 10pt"><FONT face="Wingdings">&#111;</FONT> Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)


<P align="left" style="font-size: 10pt"><FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))


<P align="left" style="font-size: 10pt"><FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))


<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>





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</DIV>

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<P align="left" style="font-size: 10pt"><B>Item&nbsp;3.01. </B><U><B>Notice of Delisting or Failure to Satisfy a Continued Rule or Standard;
Transfer of Listing</B></U><B>.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On May&nbsp;20, 2005, Warwick Valley Telephone Company (the &#147;Company&#148;) issued a press release
through Business Wire announcing that a Nasdaq Listing Qualifications Panel of The Nasdaq National
Market, Inc. has granted the Company&#146;s request for continued listing of its Common Shares on The
Nasdaq National Market, provided that the Company files on or before July&nbsp;29, 2005 its Annual
Report on Form 10-K for the period ended December&nbsp;31, 2004 and its Quarterly Report on Form 10-Q
for the period ended March&nbsp;31, 2005. If the Company is unable to file these reports by that date,
its Common Shares may be delisted from The Nasdaq National Market.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A copy of the Company&#146;s press release is attached hereto as Exhibit&nbsp;99.1 and incorporated
herein by reference.


<P align="left" style="font-size: 10pt"><B>Item&nbsp;8.01. </B><U><B>Other Events</B></U>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On May&nbsp;20, 2005, the Company issued the press release described above under Item&nbsp;3.01 with
respect to a determination by a Nasdaq Listing Qualifications Panel of The Nasdaq National Market,
Inc. to grant the Company&#146;s request for continued listing of its Common Shares on The Nasdaq
National Market, provided that the Company files on or before July&nbsp;29, 2005 its Annual Report on
Form 10-K for the period ended December&nbsp;31, 2004 and its Quarterly Report on Form 10-Q for the
period ended March&nbsp;31, 2005.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A copy of the Company&#146;s press release is attached hereto as Exhibit&nbsp;99.1 and incorporated
herein by reference.


<P align="left" style="font-size: 10pt"><B>Item&nbsp;9.01. </B><U><B>Financial Statements and Exhibits</B></U><B>.</B>


<DIV align="center">
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    <TD width="78%">&nbsp;</TD>
</TR>
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<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">(c)
</TD>
    <TD nowrap colspan="3" align="left" valign="top">Exhibits
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="left" valign="top">99.1</TD>
    <TD>&nbsp;</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Press release entitled, &#147;Nasdaq Grants WVT&#146;s Request For
Continued Listing,&#148; dated May&nbsp;20, 2005.</TD>
</TR>
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</DIV>


<P>
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<P align="center" style="font-size: 10pt">&nbsp;
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<P align="center" style="font-size: 10pt"><B>SIGNATURES</B>



<P align="left" style="font-size: 10pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned hereunto duly authorized.

<DIV align="center">
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    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="5" valign="top" align="center" nowrap>WARWICK VALLEY TELEPHONE COMPANY</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="5" valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="5" valign="top" align="center">(Registrant)<BR></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Date: May&nbsp;20, 2005
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Herbert Gareiss, Jr.</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Name:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Herbert Gareiss, Jr.</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Title:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">President</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
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</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
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<P align="center" style="font-size: 10pt">Exhibit&nbsp;Index


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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    <TD width="11%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="86%">&nbsp;</TD>
</TR>
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<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Exhibit&nbsp;No.
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Description</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Press release entitled, &#147;Nasdaq Grants WVT&#146;s Request For Continued Listing,&#148; dated May&nbsp;20,
2005.</TD>
</TR>
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</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>l14111aexv99w1.htm
<DESCRIPTION>EX-99.1 PRESS RELEASE DATED MAY 20, 2005
<TEXT>
<HTML>
<HEAD>
<TITLE>Exhibit 99.1</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
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<DIV style="font-family: 'Times New Roman',Times,serif">

<P align="left" style="font-size: 10pt">Exhibit&nbsp;99.1



<P align="center" style="font-size: 10pt"><B>Nasdaq Grants WVT&#146;s Request for Continued Listing</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Warwick, New York, May&nbsp;20, 2005) Warwick Valley Telephone Company (Nasdaq: WWVYE; the
&#147;Company&#148;) announced today that a Nasdaq Listing Qualifications Panel of The Nasdaq National
Market, Inc. has granted the Company&#146;s request for the continued listing of its Common Shares on
The Nasdaq National Market, provided that the Company files on or before July&nbsp;29, 2005 its Annual
Report on Form 10-K for the period ended December&nbsp;31, 2004 and its Quarterly Report on Form 10-Q
for the period ended March&nbsp;31, 2005. The Company strongly believes that it will be in a position
to file these reports by that date. If, contrary to the Company&#146;s expectations, the Company is
unable to file these reports by that date, its Common Shares may be delisted from The Nasdaq
National Market.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As previously reported, the Company received a notice from the Listing Qualifications
Department of The Nasdaq National Market, Inc., dated April&nbsp;5, 2005, stating that the Company had
failed to comply with Nasdaq&#146;s Marketplace Rule&nbsp;4310(c)(14) because it had not yet filed its Annual
Report on Form 10-K for the fiscal year ended December&nbsp;31, 2004. The Company&#146;s late filing of the
Form 10-K is due to the complex nature of the requirements of Section&nbsp;404 of the Sarbanes-Oxley Act
of 2002 and the fact that the Company encountered unanticipated delays in connection with its
evaluation and testing in its assessment of its internal control over financial reporting. The
extensive review of the Company&#146;s internal controls (now complete) did not uncover any fraud or
impropriety or other circumstance which would require any restatement of its prior financials.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company is in the process of completing its work on the financial statements for the
fiscal year ended December&nbsp;31, 2004 and the quarter ended March&nbsp;31, 2005.


<P align="left" style="font-size: 10pt">CAUTION CONCERNING FORWARD-LOOKING STATEMENTS



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This press release contains forward-looking statements. Please refer to the Company&#146;s Report
on Form 10-Q for the quarter ended September&nbsp;30, 2004 and the Company&#146;s past and future filings and
reports filed with the Securities and Exchange Commission for a description of the business
environment in which the Company operates and the important factors that may affect its business.
The Company is not under any obligation to (and expressly disclaims any obligation to) update or
alter its forward-looking statements, whether as the result of new information, future events or
otherwise.



<P align="center" style="font-size: 10pt">&nbsp;
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