Walmart Inc. — Director's Dealing 2004

Dec 17, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2004-12-17

Reporting Person: TURNER BRIAN KEVIN (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-12-17	Common Stock	S	1159.00	$11.8125	Disposed	70050.00	Direct
2004-12-17	Common Stock	F	407.00	$11.8125	Disposed	69643.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-12-16	Stock Option	$11.8125	M	1566.00	Acquired	2005-02-16	Common Stock (1566.00)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3276.00	Indirect

Footnotes

F1: These shares were withheld to pay taxes upon the exercise of stock options.