Log on to TWEC.COM for a Chance to Win a Trip for Two To The Sundance Film Festival

TWEC.COM, The Sundance Channel and Beyond Records to Offer

A Round-Trip Prize for Two

ALBANY, N.Y., Nov. 22 /PRNewswire/ — TWEC.COM (http://www.twec.com), the e-commerce site of leading entertainment products retailer Trans World Entertainment Corporation (Nasdaq: TWMC), today announced the “Where Music Meets Film” giveaway sweepstakes, with a grand prize trip for two to the Sundance Film Festival.

In conjunction with the Sundance Channel and Beyond Records, TWEC.COM will offer the sweepstakes from November 22 to December 17, with the grand prize being drawn on December 20.

Prizes include:

Grand prize – round-trip airfare to and accommodation at the Sundance Film Festival for two people (including admittance to two screenings and passes to The Music Studio).

Twenty (20) first-place prizes – Beyond Music CD Library (including Beyond Music’s current CD catalog).

Thirty (30) second-place prizes – TWEC.COM “What the heck is TWEC?” t-shirts.

To enter the contest, log on to www.twec.com or www.sundance.com, fill out the online form and submit it to www.twec.com by 11:59 p.m. ET on December 17. Contestants can also download and complete the entry form and mail it to “Where Music Meets Film Giveaway,” Trans World Entertainment Corp., c/o Internet Department, 38 Corporate Circle, Albany, NY 12203. For further information about the “Where Music Meets Film” giveaway sweepstakes, visit any of Trans World Entertainment’s brick-and-mortar stores including Camelot Music, Coconuts, F.Y.E., Planet Music, Record Town, Saturday Matinee, Spec’s, Strawberries, The Wall and Waxie Maxies.

The Sundance Film Festival will be held in Park City, Utah, January 20 – 30, 2000. The Festival is the premiere showcase for independent cinema screening over 100 feature films and 60 shorts to an international audience of 20,000 film enthusiasts. The 2000 Festival will also feature panel discussions with industry professionals, live theatre performances, the New Media Center, the Piper Heidsieck Tribute to Independent Vision and will introduce new seminars for documentary filmmakers and young filmmakers.

About Trans World Entertainment

Trans World Entertainment is the leading music retailer in the United States, operating 980 retail stores in 44 states, the District of Columbia and Puerto Rico, as well as an e-commerce site, http://www.twec.com. Mall locations include Camelot Music, Record Town, The Wall and F.Y.E. Freestanding locations include Coconuts Music and Movies, Strawberries Music, Spec’s and Planet Music.

About The Web’s Entertainment Center (TWEC.COM)

TWEC.COM is the online hub for Trans World Entertainment’s retail stores. With worldwide distribution spanning 16 countries in addition to the United States, the site features all of the music CDs and cassettes, video games, DVD and VHS (PAL and NTSC) home videos that are available at its retail stores, and more. TWEC.COM is home to Trans World’s “On Stage” series, featuring live concerts, online chats, in-store artist appearance schedules, in-studio performances and entertainment media that is on-demand.

About The Sundance Channel

Sundance Channel (www.sundancechannel.com), a premium television service under the creative direction of Robert Redford, brings television viewers the film festival experience by presenting a diverse selection of feature films, shorts, documentaries and international cinema, all uncut and commercial-free. Sundance Channel, launched in 1996, is a venture between Robert Redford, Showtime Networks Inc. and Universal Studios. Sundance Channel operates independently of the non-profit Sundance Institute and the Sundance Film Festival but shares the Sundance mission of supporting independent artists and providing them with wider opportunities to present their work to audiences.

About Beyond Music

Beyond Music is a division of the Left Bank Organization, an operating company designed to market, promote, publicize and distribute entertainment properties on a worldwide basis.

Certain statements in this report set forth management’s intentions, plans, beliefs, expectations or predictions of the future based on current facts and analyses. Actual results may differ materially from those indicated in such statements. Additional information on factors that may affect the business and financial results of the Company can be found in filings of the Company with the Securities and Exchange Commission.

SOURCE Trans World Entertainment Corporation

/CONTACT: Tom Tuomela, Senior Manager of Merchandising and Marketing of Trans World Entertainment Corporation, 518-452-1248, ext. 7357; Media Relations — Charlotte Ostor, , Investor Relations — Robert Ferris, , both of The MWW Group, 201-507-9500, for Trans World Entertainment; Sarah Eaton, Vice President, Publicity of The Sundance Channel, 212-654-1613, Fax, 212-654-4738, ; or Ashley Smith, Publicist of Beyond Music, 310-385-4815, Fax, 310-385-4810, or /