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

Company Celebrates Anniversary


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.