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	11200.00	$51.65	Disposed	640626.00	Indirect
2004-09-22	Common Stock	S	3200.00	$51.66	Disposed	637426.00	Indirect
2004-09-22	Common Stock	S	22400.00	$51.67	Disposed	615026.00	Indirect
2004-09-22	Common Stock	S	4200.00	$51.68	Disposed	610826.00	Indirect
2004-09-22	Common Stock	S	13300.00	$51.69	Disposed	597526.00	Indirect
2004-09-22	Common Stock	S	28700.00	$51.70	Disposed	568826.00	Indirect
2004-09-22	Common Stock	S	4800.00	$51.71	Disposed	564026.00	Indirect
2004-09-22	Common Stock	S	4500.00	$51.72	Disposed	559526.00	Indirect
2004-09-22	Common Stock	S	8000.00	$51.73	Disposed	551526.00	Indirect
2004-09-22	Common Stock	S	8300.00	$51.74	Disposed	543226.00	Indirect
2004-09-22	Common Stock	S	30000.00	$51.75	Disposed	513226.00	Indirect
2004-09-22	Common Stock	S	10800.00	$51.76	Disposed	502426.00	Indirect
2004-09-22	Common Stock	S	12500.00	$51.77	Disposed	489926.00	Indirect
2004-09-22	Common Stock	S	10400.00	$51.78	Disposed	479526.00	Indirect
2004-09-22	Common Stock	S	7700.00	$51.79	Disposed	471826.00	Indirect
2004-09-22	Common Stock	S	3200.00	$51.80	Disposed	468626.00	Indirect
2004-09-22	Common Stock	S	3000.00	$51.81	Disposed	465626.00	Indirect
2004-09-22	Common Stock	S	6400.00	$51.82	Disposed	459226.00	Indirect
2004-09-22	Common Stock	S	3700.00	$51.83	Disposed	455526.00	Indirect
2004-09-22	Common Stock	S	3200.00	$51.84	Disposed	452326.00	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.