**Exhibit 31.0**

 

**RULE 13a-14a/15d-14(a) CERTIFICATION OF THECHIEF EXECUTIVE OFFICER/CHIEF FINANCIAL OFFICER**

 

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

 

1. I have reviewed this annual report on Form10-KSB of Trans World Corporation;

 

2. Based on my knowledge, this annual reportdoes not contain any untrue statement of a material fact or omit to state amaterial fact necessary to make the statements made, in light of thecircumstances under which such statements were made, not misleading withrespect to the period covered by this annual report;

 

3. Based on my knowledge, the financialstatements, and other financial information included in this annual report,fairly present in all material respects the financial condition, results ofoperations and cash flows of the registrant as of, and for, the periodspresented in this annual report;

 

4. I am responsible for establishing andmaintaining disclosure controls and procedures (as defined in Exchange ActRules 13a-15(e) and 15 d-15(e)) and internal control over financial reporting(as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrantand I have:

 

a) designed such disclosure controls andprocedures, or caused such disclosure controls and procedures to be designedunder my supervision, to ensure that material information relating to theregistrant, including its consolidated subsidiaries, is made known to me byothers within those entities, particularly during the period in which thisannual report is being prepared;

 

b) designed such internal control overfinancial reporting , or caused such internal control over financial reportingto be designed under my supervision, to provide reasonable assuranceregarding  the reliability of financialreporting and the preparation of financial statements for external purposes in accordance with generallyaccepted  accounting principles;

 

c) evaluated the effectiveness of theregistrant’s disclosure controls and procedures and presented in this annualreport my conclusions about the effectiveness of the disclosure controls andprocedures, as of the end of the period covered by this annual report based onsuch evaluation; and

 

d) disclosed in this annual report anychange  in the registrant’s internalcontrol over financial reporting that occurred during  the registrant’s most recent fiscal quarter (the registrant’sfourth fiscal quarter in the case of this annual report) that has materiallyaffected, or is reasonably likely to materially affect, the registrant’sinternal 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 ability to record, process, summarizeand report financial information;  and

 

b) any fraud, whether or not material, thatinvolves management or other employees who have a significant role in theregistrant’s internal control over financial reporting.

 
| Date:  | March 5, 2004 |   |   |   | By:    | /s/ Rami S. Ramadan |                                             |
|--------|---------------|--------|--------|--------|--------|---------------------|--------------------------------------------------|
|   |          |   |   |   |   |                | Chief Executive  Officer/Chief Financial Officer |
|        |               |        |        |        |        |                     |                                                  |  |

 

----