The Seyfert 1 galaxy Ark 564 was observed with Chandra high energy transmission gratings for 250 ks. We present the high resolution X-ray spectrum that shows several associated absorption lines. The photoionization model requires two warm absorbers with two different ionization states (logU=0.39\pm0.03 and logU=-0.99\pm0.13), both with moderate outflow velocities (~100 km s^-1) and relatively low line of sight column densities (logNH=20.94 and 20.11 cm^-2). The high ionization phase produces absorption lines of OVII, OVIII, NeIX, NeX, MgXI, FeXVII and FeXVIII while the low ionization phase produces lines at lower energies (OVI & OVII). The pressure--temperature equilibrium curve for the Ark 564 absorber does not have the typical "S" shape, even if the metallicity is super-solar; as a result the two warm-absorber phases do not appear to be in pressure balance. This suggests that the continuum incident on the absorbing gas is perhaps different from the observed continuum. We also estimated the mass outflow rate and the associated kinetic energy and find it to be at most 0.006% of the bolometric luminosity of Ark~564. Thus it is highly unlikely that these outflows provide significant feedback required by the galaxy formation models.
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