Walmart Inc. — Director's Dealing 2004

Sep 24, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2004-09-22

Reporting Person: WALTON JOHN T (Director, Director (1))

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-22	Common Stock	S	1900.00	$51.86	Disposed	450426.00	Indirect
2004-09-22	Common Stock	S	8000.00	$51.87	Disposed	442426.00	Indirect
2004-09-22	Common Stock	S	2300.00	$51.88	Disposed	440126.00	Indirect
2004-09-22	Common Stock	S	11300.00	$51.89	Disposed	428826.00	Indirect
2004-09-22	Common Stock	S	7900.00	$51.90	Disposed	420926.00	Indirect
2004-09-22	Common Stock	S	19700.00	$51.91	Disposed	401226.00	Indirect
2004-09-22	Common Stock	S	34800.00	$51.92	Disposed	366426.00	Indirect
2004-09-22	Common Stock	S	82726.00	$51.92	Disposed	283700.00	Indirect
2004-09-22	Common Stock	S	12900.00	$51.93	Disposed	270800.00	Indirect
2004-09-22	Common Stock	S	29800.00	$51.94	Disposed	241000.00	Indirect
2004-09-22	Common Stock	S	17700.00	$51.95	Disposed	223300.00	Indirect
2004-09-22	Common Stock	S	12000.00	$51.96	Disposed	211300.00	Indirect
2004-09-22	Common Stock	S	8200.00	$51.97	Disposed	203100.00	Indirect
2004-09-22	Common Stock	S	14400.00	$51.98	Disposed	188700.00	Indirect
2004-09-22	Common Stock	S	6400.00	$51.99	Disposed	182300.00	Indirect
2004-09-22	Common Stock	S	4800.00	$52.00	Disposed	177500.00	Indirect
2004-09-22	Common Stock	S	8000.00	$52.01	Disposed	169500.00	Indirect
2004-09-22	Common Stock	S	25400.00	$52.02	Disposed	144100.00	Indirect
2004-09-22	Common Stock	S	8000.00	$52.03	Disposed	136100.00	Indirect
2004-09-22	Common Stock	S	12400.00	$52.04	Disposed	123700.00	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11943311.00	Direct
Common Stock	1680506739.00	Indirect
Common Stock	224800.00	Indirect

Footnotes

F1: See attached Footnote 1.

F2: See attached Footnote 2.

F3: See attached Footnote 3.