late-season, deal-sealing reveals and it stoned me van morrison and playoff van morrison “wonderful remark states games;or else…start packing.. Trans World Entertainment Reports a 14% Decline in Comparable Store Sales forthe 2008 Holiday SeasonALBANY, N.Y., Jan. 7 /PRNewswire-FirstCall/ — Trans World EntertainmentCorporation (Nasdaq: TWMC) today reported a comparable store sales decrease of14% for the nine-week period ended January 3, 2009. For the five-week periodended January 3, 2009, comparable store sales decreased 12%. Total sales forthe nine-week period were $287 million compared to $378 million for the sameperiod last year, a decrease of 24%.Total sales for the five-week perioddecreased 22% to $206 million compared to $264 million for the same periodlast year.

During the nine-week period, the Company operated an average of 18%fewer stores than last year astral weeks van morrison . “Sales for the holiday season were well below our expectations,” commentedRobert J vam morrison . Higgins, Chairman and Chief Executive Officer of Trans WorldEntertainment vanmorrison . “With this season’s holiday sales being lower than ourexpectations, we now anticipate EBITDA for the fourth quarter of $15 to $20million with an annual EBITDA loss for fiscal 2008 in the range of $20 to $25million, compared to our previously issued annual guidance of $10 to $15million.”For the eleven-month period ended January 3, 2009, comparable store salesdecreased 11% van morrisson . Total sales for the period decreased 22% to $928 millioncompared to $1.192 billion during the same period last year. During the elevenmonth period, the Company operated an average of 18% fewer stores than lastyear. Trans World will host a teleconference call today, Wednesday, January 7, 2009,at 10:00 AM ET to discuss its holiday sales results.

Interested parties canlisten to the simultaneous webcast on the Company’s corporate website, World Entertainment is a leading specialty retailer of entertainmentsoftware, including music, video and video games and related products . TheCompany operates retail stores in the United States, the District of Columbia,the U.S van morison . Virgin Islands, and Puerto Rico, primarily under the names f.y.e.foryour entertainment and Suncoast and on the web at,,, and statements in this release set forth management’s intentions, plans,beliefs, expectations or predictions of the future based on current facts andanalyses van the man . Actual results may differ materially from those indicated in suchstatements . Additional information on factors that may affect the business andfinancial results of the Company can be found in filings of the Company withthe Securities and Exchange Commission.SOURCETrans World Entertainment CorporationJohn J. Sullivan of Trans World Entertainment, EVP, Chief Financial Officer,+1-518-452-1242; or Marilynn Meek of Financial Relations Board for Trans WorldEntertainment, +1-212-827-3773, .