**EXHIBIT 31.0**

 

**RULE13a-14a/15d-14(a) CERTIFICATION OF THE**

**CHIEFEXECUTIVE OFFICER/CHIEF FINANCIAL OFFICER**

 

I, Rami S. Ramadan, the Chief Executive Officer/ChiefFinancial Officer of Trans World Corporation, certify that:

 

1. I have reviewed this annual report on Form 10-Kof Trans World Corporation;

 

2. Based on my knowledge, this annual report does notcontain any untrue statement of a material fact or omit to state a materialfact necessary to make the statements made, in light of the circumstances underwhich such statements were made, not misleading with respect to the periodcovered by this annual report;

 

3. Based on my knowledge, the financial statements,and other financial information included in this annual report, fairly presentin all material respects the financial condition, results of operations andcash flows of the registrant as of, and for, the periods presented in thisannual report;

 

4. I am responsible for establishing and maintainingdisclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and15 d-15(e)) and internal control over financial reporting (as defined inExchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and Ihave:

 

a) designed suchdisclosure controls and procedures, or caused such disclosure controls andprocedures to be designed under my supervision, to ensure that materialinformation relating to the registrant, including its consolidatedsubsidiaries, is made known to me by others within those entities, particularlyduring the period in which this annual report is being prepared;

 

b) designed such internalcontrol over financial reporting, or caused such internal control overfinancial reporting to be designed under my supervision, to provide reasonableassurance regarding the reliability of financial reporting and the preparationof financial statements for external purposes in accordance with generallyaccepted accounting principles;

 

c) evaluated theeffectiveness of the registrant’s disclosure controls and procedures andpresented in this annual report my conclusions about the effectiveness of thedisclosure controls and procedures, as of the end of the period covered by thisannual report based on such evaluation; and

 

d) disclosed in thisannual report any material changes in the registrant’s internal control overfinancial reporting that occurred during the registrant’s most recent fiscalquarter (the registrant’s fourth fiscal quarter in the case of this annualreport) that has materially affected, or is reasonably likely to materiallyaffect, the registrant’s internal control over financial reporting; and

 

5. I have disclosed, based on my most recentevaluation of internal control over financial reporting, to the registrant’sauditors and the audit committee of registrant’s board of directors (or personsperforming the equivalent functions):

 

a) all significant deficiencies and materialweaknesses in the design or operation of internal control over financialreporting which are reasonable likely to adversely affect the registrant’s abilityto record, process, summarize and report financial information;  and

 

b) any fraud, whether ornot material, that involves management or other employees who have asignificant role in the registrant’s internal control over financial reporting.

 
| Date:  March 10,  2010 | By:    | /s/ Rami S. Ramadan                              |
|----------------------------------|--------|--------------------------------------------------|
|                             |   | Chief Executive  Officer/Chief Financial Officer |

 

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