Trans World Entertainment to Host 3rd Quarter Earnings Conference Call

ALBANY, N.Y.–(BUSINESS WIRE)–Nov. 2, 2000–Trans World
Entertainment Corp. (Nasdaq: TWMC), a leading retailer of
entertainment products, will host a teleconference call for members of
the financial community, Thursday, November 9th at 10:00 AM ET to
discuss the press release issued on Wednesday, November 8th after the
close of market regarding its third quarter 2000 earnings. This call
will be simultaneously webcast at the Company’s website, www.twec.com.
An archived version of the call will be available through November 11,
2000.

About Trans World Entertainment Corp.

Trans World Entertainment is a leading specialty retailer of music
and video products. The Company operates retail stores in 45 states,
the District of Columbia, the U.S. Virgin Islands, Puerto Rico and an
e-commerce site, www.twec.com. Mall locations include Camelot, Record
Town, The Wall, Saturday Matinee and F.Y.E. Freestanding locations
include Coconuts Music and Movies, Strawberries Music, Spec’s and
Planet Music.

CONTACT: TRANS WORLD ENTERTAINMENT CORP.
John Sullivan, 518/452-1242
Chief Financial Officer
or
THE MWW GROUP
Investor Relations
Michael Lendener, 212/704-9727