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 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
2004-09-15	Common Stock	S	1800.00	$53.22	Disposed	4955426.00	Indirect
2004-09-15	Common Stock	S	300.00	$53.23	Disposed	4955126.00	Indirect
2004-09-15	Common Stock	S	7200.00	$53.24	Disposed	4947926.00	Indirect
2004-09-15	Common Stock	S	1700.00	$53.25	Disposed	4946226.00	Indirect
2004-09-15	Common Stock	S	21500.00	$53.26	Disposed	4924726.00	Indirect
2004-09-15	Common Stock	S	1800.00	$53.27	Disposed	4922926.00	Indirect
2004-09-15	Common Stock	S	3800.00	$53.28	Disposed	4919126.00	Indirect
2004-09-15	Common Stock	S	1200.00	$53.30	Disposed	4917926.00	Indirect
2004-09-15	Common Stock	S	600.00	$53.35	Disposed	4917326.00	Indirect
2004-09-15	Common Stock	S	3600.00	$53.16	Disposed	4913726.00	Indirect
2004-09-15	Common Stock	S	9000.00	$53.17	Disposed	4904726.00	Indirect
2004-09-15	Common Stock	S	5400.00	$53.18	Disposed	4899326.00	Indirect
2004-09-15	Common Stock	S	5400.00	$53.19	Disposed	4893926.00	Indirect
2004-09-15	Common Stock	S	3600.00	$53.20	Disposed	4890326.00	Indirect
2004-09-15	Common Stock	S	1800.00	$53.21	Disposed	4888526.00	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.