Trans World Entertainment to Host Third Quarter 2004 Results Conference Call

ALBANY, N.Y., Oct. 27 /PRNewswire-FirstCall/ — Trans World Entertainment
Corporation (Nasdaq: TWMC) announced today that it will host a teleconference
call for members of the financial community on Wednesday, November 10, 2004 at
10:00 AM ET to discuss a press release, which will be issued on the same day
before the market opens, regarding its third quarter 2004 results. This call
will be simultaneously webcast at the Company’s website, http://www.twec.com.

Trans World Entertainment is a leading specialty retailer of music and
video products. The Company operates over 850 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.coconuts.com and
http://www.wherehouse.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 and Planet Music.

SOURCE Trans World Entertainment Corporation
10/27/2004
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
Corporation
/Web site: http://www.twec.com /
(TWMC)