Walmart Inc. — Director's Dealing 2003

Jul 11, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2003-07-10

Reporting Person: WALTON S ROBSON (Director, Chairman of the Board, Chairman of the Board)

Footnotes

F1: The reporting person disclaims beneficial ownership of the reported securities.

F2: The reporting person also reports a) 2,779,887 shares held directly b) 1,680,506,739 shares held indirectly by limited partnership (The reporting person is a general partner of Walton Enterprises, L.P., the limited partnership that owns the reported securities held indirectly by limited partnership. The reporting person disclaims beneficial ownership of the reported securities held indirectly by limited partnership except to the extent of his pecuniary interests therein.) c) 1,810,632 shares held indi

F3: The reporting person is a particpant in the Profit Sharing Plan and indirectly owns 54,646 shares. Due to stock price during FY03, 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 01/31/03.