Trans World Entertainment to Host Year-End and Fourth Quarter 2003 Results Conference Call

ALBANY, N.Y., Feb. 3 /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, February 26, 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 fiscal year-end and fourth quarter 2003
results. This call will be simultaneously webcast at the Company’s website,
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, www.fye.com and 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
02/03/2004
CONTACT: John Sullivan, Executive Vice President and Chief Financial
Officer of Trans World Entertainment Corporation, +1-518-452-1242 ext. 7400;
Investor Relations – Kimberly Storin of the MWW Group, +1-212-704-9727,
, for Trans World Entertainment Corporation/
Web site: http://www.twec.com
(TWMC)