Trans World Entertainment to Host First Quarter 2008 Results Conference Call

ALBANY, N.Y., May 15 /PRNewswire-FirstCall/ — Trans World Entertainment
Corporation (Nasdaq: TWMC) announced today that it will host a teleconference
call for members of the financial community on Thursday, May 22, 2008 at 10:00
AM ET to discuss its press release, which will be issued on the same day
before the market opens, regarding its first quarter 2008 financial results.
This call will be simultaneously webcast at the Company’s website,
www.twec.com.

Trans World Entertainment is a leading specialty retailer of entertainment
software, including music, video and video games and related products. The
Company operates nearly 800 retail stores in the United States, the District
of Columbia, the U.S. Virgin Islands, and Puerto Rico, primarily under the
names f.y.e. for your entertainment and Suncoast and on the web at
www.fye.com, www.wherehouse.com, www.secondspin.com, www.samgoody.com and
www.suncoast.com.

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, Trans World
Entertainment
+1-518-452-1242
or
Richard Tauberman, MWW Group
+1-201-507-9500

Web site: http://www.twec.com