Webcast Alert: Trans World Entertainment Announces Second Quarter 2003 Conference Call

ALBANY, N.Y., Aug. 14 /PRNewswire-FirstCall/ — Trans World Entertainment
Corp. (Nasdaq: TWMC) announces the following Webcast:

    What:     Trans World Entertainment's Second Quarter 2003 Conference Call

    When:     August 14, 2003 at 10:00 a.m. Eastern

    Where:    http://www.firstcallevents.com/service/ajwz387119165gf12.html

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

    Contact:  Kimberly Storin
              Title:  Senior Account Executive
              Phone:  212-827-3752
              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,
www.fye.com. Mall locations include FYE (“For Your Entertainment”) and
Saturday Matinee. Freestanding locations include 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
28.8Kbps connection to the Internet. If you experience problems listening to
the broadcast, send an email to .)

SOURCE Trans World Entertainment Corp.

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