Walmart Inc. — Director's Dealing 2003

Aug 21, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2003-08-19

Reporting Person: COUGHLIN THOMAS M (Director, Vice Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-06-30	Common Stock	J	280.00	—	Acquired	317207.00	Direct
2003-08-20	Common Stock	J	1790.00	—	Disposed	37285.00	Indirect
2003-08-19	Common Stock	S	21559.00	$58.82	Disposed	99684.00	Indirect
2003-08-19	Common Stock	S	4300.00	$58.70	Disposed	95384.00	Indirect
2003-08-19	Common Stock	S	9958.00	$58.72	Disposed	85426.00	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	14326.00	Indirect
Common Stock	29637.00	Indirect
Common Stock	220.00	Indirect

Footnotes

F1: Shares acquired through the Employee Stock Option Plan (exempt under Rule 16b-3(c). This information reported herein is based o
n a Plan statement dated as of June 30, 2003.

F2: Filer is a participant of the Profit Sharing Plan. Due to stock price during FY 03, and changes in the percentage of plan assets, total shares credited may have decreased. The information reported herein is based on a Plan statement dated January 31, 2003.