Walmart Inc. — Director's Dealing 2004

Sep 17, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2004-09-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-15	Common Stock	S	200.00	$52.62	Disposed	5543826.00	Indirect
2004-09-15	Common Stock	S	6000.00	$52.64	Disposed	5537826.00	Indirect
2004-09-15	Common Stock	S	1600.00	$52.67	Disposed	5536226.00	Indirect
2004-09-15	Common Stock	S	800.00	$52.69	Disposed	5535426.00	Indirect
2004-09-15	Common Stock	S	1800.00	$52.70	Disposed	5533626.00	Indirect
2004-09-15	Common Stock	S	1600.00	$52.71	Disposed	5532026.00	Indirect
2004-09-15	Common Stock	S	3600.00	$52.72	Disposed	5528426.00	Indirect
2004-09-15	Common Stock	S	3600.00	$52.73	Disposed	5524826.00	Indirect
2004-09-15	Common Stock	S	1900.00	$52.74	Disposed	5522926.00	Indirect
2004-09-15	Common Stock	S	5300.00	$52.75	Disposed	5517626.00	Indirect
2004-09-15	Common Stock	S	6200.00	$52.76	Disposed	5511426.00	Indirect
2004-09-15	Common Stock	S	1800.00	$52.77	Disposed	5509626.00	Indirect
2004-09-15	Common Stock	S	5000.00	$52.78	Disposed	5504626.00	Indirect
2004-09-15	Common Stock	S	9000.00	$52.79	Disposed	5495626.00	Indirect
2004-09-15	Common Stock	S	13200.00	$52.80	Disposed	5482426.00	Indirect
2004-09-15	Common Stock	S	10000.00	$52.81	Disposed	5472426.00	Indirect
2004-09-15	Common Stock	S	19600.00	$52.82	Disposed	5452826.00	Indirect
2004-09-15	Common Stock	S	14200.00	$52.83	Disposed	5438626.00	Indirect
2004-09-15	Common Stock	S	31100.00	$52.84	Disposed	5407526.00	Indirect
2004-09-15	Common Stock	S	18000.00	$52.85	Disposed	5389526.00	Indirect
2004-09-15	Common Stock	S	39300.00	$52.86	Disposed	5350226.00	Indirect
2004-09-15	Common Stock	S	26400.00	$52.87	Disposed	5323826.00	Indirect
2004-09-15	Common Stock	S	17000.00	$52.88	Disposed	5306826.00	Indirect
2004-09-15	Common Stock	S	8500.00	$52.89	Disposed	5298326.00	Indirect
2004-09-15	Common Stock	S	29500.00	$52.90	Disposed	5268826.00	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.