Trans World Entertainment to Host Holiday Sales Conference Call

ALBANY, N.Y., Dec. 22 /PRNewswire-FirstCall/ — Trans World Entertainment
Corporation (Nasdaq: TWMC), a leading retailer of entertainment products, will
host a teleconference call for members of the financial community on
Wednesday, January 5, 2005 at 10:00 AM ET to discuss a press release regarding
its holiday sales results, which will be issued on Wednesday, January 5, 2005
before the market opens. This call will be simultaneously webcast at the
Company’s corporate website, http://www.twec.com.

About Trans World Entertainment Corp.

Trans World Entertainment is a leading specialty retailer of music and
video products. The Company operates 865 retail stores in 47 states, the
District of Columbia, the U.S. Virgin Islands, Puerto Rico and e-commerce
sites, http://www.fye.com, http://www.wherehouse.com and
http://www.secondspin.com. In addition to its mall locations, operated
primarily under the FYE 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.

SOURCE  Trans World Entertainment Corporation
    -0-                             12/22/2004
    /CONTACT:  John J. Sullivan, EVP, Chief Financial Officer of Trans World
Entertainment, +1-518-452-1242; or Rich Tauberman of MWW Group,
+1-201-507-9500, , for Trans World Entertainment/
    /Web site:  http://www.fye.com
                http://www.wherehouse.com
                http://www.secondspin.com
                http://www.twec.com /
    (TWMC)

CO:  Trans World Entertainment Corporation
ST:  New York
IN:  ENT MUS REA HOU
SU:  CCA

GS 
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4620 12/22/2004 09:00 EST http://www.prnewswire.com