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	27300.00	$52.91	Disposed	5241526.00	Indirect
2004-09-15	Common Stock	S	17000.00	$52.92	Disposed	5224526.00	Indirect
2004-09-15	Common Stock	S	8000.00	$52.93	Disposed	5216526.00	Indirect
2004-09-15	Common Stock	S	14700.00	$52.94	Disposed	5201826.00	Indirect
2004-09-15	Common Stock	S	48500.00	$52.95	Disposed	5153326.00	Indirect
2004-09-15	Common Stock	S	29300.00	$52.96	Disposed	5124026.00	Indirect
2004-09-15	Common Stock	S	33900.00	$52.97	Disposed	5090126.00	Indirect
2004-09-15	Common Stock	S	14800.00	$52.98	Disposed	5075326.00	Indirect
2004-09-15	Common Stock	S	7000.00	$52.99	Disposed	5068326.00	Indirect
2004-09-15	Common Stock	S	18200.00	$53.00	Disposed	5050126.00	Indirect
2004-09-15	Common Stock	S	5400.00	$53.01	Disposed	5044726.00	Indirect
2004-09-15	Common Stock	S	9000.00	$53.02	Disposed	5035726.00	Indirect
2004-09-15	Common Stock	S	7200.00	$53.03	Disposed	5028526.00	Indirect
2004-09-15	Common Stock	S	10800.00	$53.04	Disposed	5017726.00	Indirect
2004-09-15	Common Stock	S	13000.00	$53.05	Disposed	5004726.00	Indirect
2004-09-15	Common Stock	S	8000.00	$53.06	Disposed	4996726.00	Indirect
2004-09-15	Common Stock	S	12400.00	$53.07	Disposed	4984326.00	Indirect
2004-09-15	Common Stock	S	1800.00	$53.08	Disposed	4982526.00	Indirect
2004-09-15	Common Stock	S	7200.00	$53.09	Disposed	4975326.00	Indirect
2004-09-15	Common Stock	S	3600.00	$53.10	Disposed	4971726.00	Indirect
2004-09-15	Common Stock	S	8500.00	$53.11	Disposed	4963226.00	Indirect
2004-09-15	Common Stock	S	800.00	$53.12	Disposed	4962426.00	Indirect
2004-09-15	Common Stock	S	800.00	$53.13	Disposed	4961626.00	Indirect
2004-09-15	Common Stock	S	1800.00	$53.14	Disposed	4959826.00	Indirect
2004-09-15	Common Stock	S	2600.00	$53.15	Disposed	4957226.00	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.