Walmart Inc. — Director's Dealing 2004

Sep 22, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2004-09-20

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
2004-09-20	Common Stock	S	3500.00	$52.26	Disposed	1920026.00	Indirect
2004-09-20	Common Stock	S	5700.00	$52.28	Disposed	1914326.00	Indirect
2004-09-20	Common Stock	S	4400.00	$52.29	Disposed	1909926.00	Indirect
2004-09-20	Common Stock	S	800.00	$52.31	Disposed	1909126.00	Indirect
2004-09-20	Common Stock	S	5700.00	$52.32	Disposed	1903426.00	Indirect
2004-09-20	Common Stock	S	800.00	$52.33	Disposed	1902626.00	Indirect
2004-09-20	Common Stock	S	800.00	$52.35	Disposed	1901826.00	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2805179.00	Direct
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.

F5: See attached Footnote 5.