Trans World Entertainment to Host Year-End and Fourth Quarter 2004 Results Conference Call

ALBANY, N.Y., Feb 08, 2005 /PRNewswire-FirstCall via COMTEX/ — Trans World Entertainment
Corporation (Nasdaq: TWMC) announced today that it will host a teleconference
call for members of the financial community on Thursday, February 24, 2005 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 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 approximately 800 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,
http://www.coconuts.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

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
http://www.prnewswire.com