Trans World Entertainment Opens f.y.e. Store at the Shops at La Cantera Mall in San Antonio, TX

ALBANY, N.Y., Sept. 19 /PRNewswire-FirstCall/ — Trans World Entertainment
Corporation (Nasdaq: TWMC), a leading specialty retailer of music, video and
video game products, today announced the opening of an f.y.e. store in San
Antonio, TX. The new store will be located at the Shops of La Cantera located
at 16641 La Cantera Parkway, San Antonia, TX.

“We are very pleased to bring f.y.e., the total entertainment destination,
to the greater San Antonio area,” commented Robert J. Higgins, Trans World’s
Chairman and Chief Executive Officer. “Our new store in the Shops of La
Cantera, will provide the community with the ultimate shopping experience for
the entertainment consumer delivering an expansive catalog, state-of-the-art
in-store technologies and f.y.e.’s customer service commitment.”

f.y.e. offers a broad assortment of music and video merchandise as well as
an extensive selection of games, portable electronics, accessories and
boutique items. The store also features listening and viewing stations (LVS)
which allows customers to sample any CD in the store and sample movie and game
trailers available from the studios.

Trans World Entertainment is a leading specialty retailer of music, video
and video game products. The Company operates over 800 retail stores in 46
states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and
e-commerce sites, http://www.fye.com, http://www.coconuts.com,
http://www.wherehouse.com and http://www.secondspin.com. In addition to its
mall locations, operated primarily under the f.y.e. brand, the Company also
operates freestanding locations under the names Coconuts Music and Movies,
Strawberries Music, Wherehouse, CD World, Spec’s, Second Spin and Planet
Music.

Certain statements in this release 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:

John J. Sullivan, EVP, Chief Financial Officer of Trans World Entertainment, +1-518-452-1242

or Richard Tauberman, of MWW Group, +1-201-507-9500,