(OTCBB:TWOC) Trans World Corp.

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Trans World Corporation to Present at the Roth Annual OC Growth Conference

(OTCBB:TWOC) Trans World Corp.

Trans World Corporation to Present at the Roth Annual OC Growth Conference

Wednesday February 11, 11:52 am ET

NEW YORK-Trans World Corporation , the owner and operator of casinos in Europe, recently announced that it was selected to present at Roth Capital Partners' 21st Annual OC Growth Stock Conference, to be held from February 16-18, 2009 at the Ritz Carlton in Dana Point, California. The event is expected to draw over 600 investors.

For the first nine months ended September 30, 2008 TWC announced it had posted a 26.7%, or approximately $5.8 million, revenue increase, generating total revenue of $27.5 million. Gross profit was $12.3 million for the period, as compared to $10.1 million in the first nine months of 2007, an increase of 21.8% year over year. The Company?s EBITDA year-to-date as of September 30, 2008 increased 30.6% to $4.1 million. The nine-month net income earned was $2.4 million, or $0.27 per diluted share, representing a 21.5% improvement compared to the same period last year.

TWC?s Chief Executive Rami Ramadan will speak to institutional investors on Wednesday, February 18th, at 3:30 p.m. Pacific time. His presentation will focus on TWC?s positioning within the hotel and gaming sector and a discussion of the Company?s financial performance.

To view a live webcast of the presentation, please visit the following link at 3:30 p.m. PST on Wednesday, February 18th: http://www.wsw.com/webcast/roth20/twoc.ob/. The webcast will be available for viewing for 14 days after the end of the conference.

Interested parties and investors may find more information about the conference by contacting conference@roth.com or calling 933-6830.

Roth is a full service investment banking firm dedicated to the small and micro-cap market. Since the inception of the firm in 1984, Roth has been a leader and innovator in the small and micro cap markets. Roth's exclusive focus has been, is, and will continue to offer a full spectrum of investment banking services, including raising capital, research coverage, trading and market making, merger and acquisition advisory services, and investor conferences.

Additional information about TWC and American Chance Casinos can be found at www.transwc.com or at www.american-chance-casinos.com.

?Safe Harbor? Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release which are not historical facts contain forward looking information with respect to plans, projections or the future performance of the Company, the occurrence of which involve certain risks and uncertainties detailed in the Company?s filings with the Securities and Exchange Commission.

Contact:

Trans World Corporation Jill Yarussi, 212-983-3355 Manager of Communications Fax: 212-983-8129 jyarussi@transwc.com or Alliance Advisors, LLC Thomas Walsh, 212-398-3486 Vice President Fax: 212-599-4289 twalsh@allianceadvisors.net Source: Trans World Corporation

Profile for Trans World Corp.

Trans World Corporation and its subsidiaries engage in the acquisition, development, and management of casino operations in Europe. Its casino operations feature gaming tables and mechanized gaming devices, such as video slot machines. The company also involves in the acquisition, development, and eventual management of small to midsize hotels, which include casino facilities. As of December 31, 2007, it operated four owned casinos in Ceska Kubice, Rozvadov, Hate, and Dolni Dvoriste, the Czech Republic; and a casino and nightclub operating under a management contract in Podstrana, Croatia. The company was founded in 1993 and is headquartered in New York, New York. Detailed TWOC Company Description...

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