Walmart Inc. — Director's Dealing 2004

Sep 21, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2004-09-17

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-17	Common Stock	S	9000.00	$52.42	Disposed	4029526.00	Indirect
2004-09-17	Common Stock	S	2000.00	$52.43	Disposed	4027526.00	Indirect
2004-09-17	Common Stock	S	7900.00	$52.44	Disposed	4019626.00	Indirect
2004-09-17	Common Stock	S	7800.00	$52.45	Disposed	4011826.00	Indirect
2004-09-17	Common Stock	S	2000.00	$52.46	Disposed	4009826.00	Indirect
2004-09-17	Common Stock	S	3700.00	$52.47	Disposed	4006126.00	Indirect
2004-09-17	Common Stock	S	10000.00	$52.48	Disposed	3996126.00	Indirect
2004-09-17	Common Stock	S	15600.00	$52.49	Disposed	3980526.00	Indirect
2004-09-17	Common Stock	S	329700.00	$52.50	Disposed	3650826.00	Indirect
2004-09-17	Common Stock	S	41000.00	$52.51	Disposed	3609826.00	Indirect
2004-09-17	Common Stock	S	44400.00	$52.52	Disposed	3565426.00	Indirect
2004-09-17	Common Stock	S	300.00	$52.53	Disposed	3565126.00	Indirect
2004-09-17	Common Stock	S	1200.00	$52.55	Disposed	3563926.00	Indirect
2004-09-17	Common Stock	S	1200.00	$52.56	Disposed	3562726.00	Indirect
2004-09-17	Common Stock	S	3800.00	$52.60	Disposed	3558926.00	Indirect
2004-09-17	Common Stock	S	1000.00	$52.64	Disposed	3557926.00	Indirect
2004-09-17	Common Stock	S	9500.00	$52.65	Disposed	3548426.00	Indirect
2004-09-17	Common Stock	S	5700.00	$52.66	Disposed	3542726.00	Indirect
2004-09-17	Common Stock	S	15300.00	$52.67	Disposed	3527426.00	Indirect
2004-09-17	Common Stock	S	5700.00	$52.68	Disposed	3521726.00	Indirect
2004-09-17	Common Stock	S	10600.00	$52.69	Disposed	3511126.00	Indirect
2004-09-17	Common Stock	S	7400.00	$52.70	Disposed	3503726.00	Indirect
2004-09-17	Common Stock	S	28800.00	$52.71	Disposed	3474926.00	Indirect
2004-09-17	Common Stock	S	5700.00	$52.72	Disposed	3469226.00	Indirect
2004-09-17	Common Stock	S	17700.00	$52.73	Disposed	3451526.00	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.