Robert Higgins, CEO & COB of Trans World Entertainment Corp.,
Rings The NASDAQ Stock Market Opening Bell

Friday, June 23, 2006
at NASDAQ's MarketSite
in New York City.

Trans World Entertainment Corp.

Robert Higgins, CEO & COB of Trans World Entertainment Corp. (TWMC) presides over the opening bell to celebrate its 20 year listing anniversary on the NASDAQ.

Trans World Entertainment is a leading specialty retailer of music, video and video game products. The Company operates over 1,100 retail stores in the United States, the District of Columbia, the U.S. Virgin Islands and Puerto Rico. The Company operates mall stores under the f.y.e., Sam Goody and Suncoast brands and freestanding locations under the names Coconuts Music and Movies, Strawberries Music, Wherehouse, Sam Goody, Spec's and Second Spin. The Company also operates on the web at http://www.fye.com, http://www.coconuts.com, http://www.wherehouse.com, http://www.secondspin.com, http://www.samgoody.com and http://www.suncoast.com.

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