Webcast Alert: Trans World Entertainment Announces Holiday Sales Conference Call Webcast

ALBANY, N.Y., Jan. 8 /PRNewswire-FirstCall/ —
Trans World Entertainment Corporation (Nasdaq: TWMC) announces the following
Webcast:

What: Trans World Entertainment’s Holiday Sales Conference Call

When: 01/08/03 @ 10:00 a.m. Eastern

Where: http://www.firstcallevents.com/service/ajwz371527454gf12.html

How: Live over the Internet — Simply log on to the web at the
address above.

Contact: Kimberly Storin
Phone: 212-827-3752
Email:
Fax: 212-704-0917

Trans World Entertainment is a leading specialty retailer of music and
video products. The Company operates retail stores in 46 states, the District
of Columbia, the U.S. Virgin Islands, Puerto Rico and an e-commerce site,
http://www.fye.com . In addition to its mall locations, operated under the
FYE (For Your Entertainment) brand, the Company also operates freestanding
locations under the names Coconuts Music and Movies, Strawberries Music,
Spec’s and Planet Music.

(Minimum Requirements to listen to broadcast:
The Windows Media Player software, downloadable free from
http://www.microsoft.com/windows/windowsmedia/EN/default.asp and at least a
28.8 kbps connection to the Internet. If you experience problems listening to
the broadcast, send an email to .)
SOURCE Trans World Entertainment Corporation

CONTACT: Kimberly Storin for Trans World Entertainment Corporation,
+1-212-827-3752, Fax – +1-212-704-0917,

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

http://www.fye.com