Trans World Entertainment Amends Revolving Credit Facility with Wells Fargo Bank

Trans World Entertainment Amends Revolving Credit Facility with Wells Fargo Bank Trans World Entertainment Corporation

today announced that on May 4, 2012 the Company entered into an amended five-year, $75 million revolving secured credit agreement with Wells Fargo Bank, National Association.  The new credit facility amends the Company's previous facility and will provide capital for general corporate purposes. During 2011, the Company did not have any borrowings under its credit facility.  Currently, the Company doesn't have any loans outstanding on either the new or previous facility.