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Trans World Entertainment Corp. CEO and COB to Ring the NASDAQ Stock Market Opening Bell

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MEDIA ADVISORY, June 22, 2006 (PRIMEZONE) --

What: Robert Higgins, CEO & COB of Trans World Entertainment Corp. (TWMC) will preside over the opening bell to celebrate its 20 year listing anniversary on the NASDAQ. Where: NASDAQ MarketSite - 4 Times Square - 43rd & Broadway - Broadcast Studio When: Friday, June 23rd, 2006, at 9:30 a.m. EDT Contacts: Jonn Sullivan CFO (518) 452-1242 Ext.7400 jsullivan@twec.com NASDAQ MarketSite: Stephanie Lowenthal; 646.441.5220

Feed Information: The opening bell is available from 9:20 a.m. to 9:35 a.m. on uplink IA-5 C-band/transponder 14. The downlink frequency is 3980 horizontal; audio: 6.2/6.8. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Stephanie Lowenthal at (646) 441-5220.

Photos:

To obtain a hi-resolution photograph of the Market Open, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market open of your choice.

About Trans World Entertainment Corp. (TWMC):

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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