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	3600.00	$53.16	Disposed	4953626.00	Indirect
2004-09-15	Common Stock	S	9000.00	$53.17	Disposed	4944626.00	Indirect
2004-09-15	Common Stock	S	5400.00	$53.18	Disposed	4939226.00	Indirect
2004-09-15	Common Stock	S	5400.00	$53.19	Disposed	4933826.00	Indirect
2004-09-15	Common Stock	S	3600.00	$53.20	Disposed	4930226.00	Indirect
2004-09-15	Common Stock	S	1800.00	$53.21	Disposed	4928426.00	Indirect
2004-09-15	Common Stock	S	1800.00	$53.22	Disposed	4926626.00	Indirect
2004-09-15	Common Stock	S	300.00	$53.23	Disposed	4926326.00	Indirect
2004-09-15	Common Stock	S	7200.00	$53.24	Disposed	4919126.00	Indirect
2004-09-15	Common Stock	S	1700.00	$53.25	Disposed	4917426.00	Indirect
2004-09-15	Common Stock	S	21500.00	$53.26	Disposed	4895926.00	Indirect
2004-09-15	Common Stock	S	1800.00	$53.27	Disposed	4894126.00	Indirect
2004-09-15	Common Stock	S	3800.00	$53.28	Disposed	4890326.00	Indirect
2004-09-15	Common Stock	S	1200.00	$53.30	Disposed	4889126.00	Indirect
2004-09-15	Common Stock	S	600.00	$53.35	Disposed	4888526.00	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.