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Published on 12/23/2008 in the Prospect News Special Situations Daily.

Trans World Entertainment shareholder reports 6.3% ownership interest

By Lisa Kerner

Charlotte, N.C., Dec. 23 - Riley Investment Management LLC's Bryant R. Riley reported beneficial ownership of 1,965,530 shares or 6.3% of Trans World Entertainment Corp. following a series of buy and sell transactions between Nov. 14 and Dec. 19.

The transactions were reported in a schedule 13D/A filed with the Securities and Exchange Commission.

Based in Albany, N.Y., Trans World is a specialty retailer of entertainment software, including music, home video and video games.


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