Walmart Inc. — Director's Dealing 2004

Dec 9, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2004-12-07

Reporting Person: WALTON S ROBSON (Director, Chairman of the Board (1), Chairman of the Board (1))

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-12-07	Common Stock	M	8932.00	$12.00	Acquired	2814111.00	Direct
2004-12-07	Common Stock	M	5102.00	$11.43	Acquired	2819213.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-12-07	Stock Option	$11.4375	M	5102.00	Disposed	2005-01-30	Common Stock (5102.00)	Direct
2004-12-07	Stock Options	$12.0000	M	8932.00	Disposed	2007-01-09	Common Stock (8932.00)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	57387.00	Indirect
Common Stock	1680506739.00	Indirect
Common Stock	1810632.00	Indirect

Footnotes

F1: See attached footnote 1.

F2: See attached Footnote 2.

F3: See attached Footnote 3.

F4: See attached Footnote 4.