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: 2004-09-14

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-14	Common Stock	S	1800.00	$53.13	Disposed	6133626.00	Indirect
2004-09-14	Common Stock	S	9800.00	$53.15	Disposed	6123826.00	Indirect
2004-09-14	Common Stock	S	11000.00	$53.17	Disposed	6112826.00	Indirect
2004-09-14	Common Stock	S	4200.00	$53.19	Disposed	6108626.00	Indirect
2004-09-14	Common Stock	S	15200.00	$53.20	Disposed	6093426.00	Indirect
2004-09-14	Common Stock	S	27700.00	$53.21	Disposed	6065726.00	Indirect
2004-09-14	Common Stock	S	33200.00	$53.22	Disposed	6032526.00	Indirect
2004-09-14	Common Stock	S	23700.00	$53.23	Disposed	6008826.00	Indirect
2004-09-14	Common Stock	S	5600.00	$53.24	Disposed	6003226.00	Indirect
2004-09-14	Common Stock	S	26400.00	$53.25	Disposed	5976826.00	Indirect
2004-09-14	Common Stock	S	9100.00	$53.26	Disposed	5967726.00	Indirect
2004-09-14	Common Stock	S	10800.00	$53.27	Disposed	5956926.00	Indirect
2004-09-14	Common Stock	S	21400.00	$53.28	Disposed	5935526.00	Indirect
2004-09-14	Common Stock	S	14500.00	$53.29	Disposed	5921026.00	Indirect
2004-09-14	Common Stock	S	25500.00	$53.30	Disposed	5895526.00	Indirect
2004-09-14	Common Stock	S	31600.00	$53.31	Disposed	5863926.00	Indirect
2004-09-14	Common Stock	S	19800.00	$53.32	Disposed	5844126.00	Indirect
2004-09-14	Common Stock	S	28600.00	$53.33	Disposed	5815526.00	Indirect
2004-09-14	Common Stock	S	22100.00	$53.34	Disposed	5793426.00	Indirect
2004-09-14	Common Stock	S	27100.00	$53.35	Disposed	5766326.00	Indirect
2004-09-14	Common Stock	S	10100.00	$53.36	Disposed	5756226.00	Indirect
2004-09-14	Common Stock	S	10100.00	$53.37	Disposed	5746126.00	Indirect
2004-09-14	Common Stock	S	31600.00	$53.38	Disposed	5714526.00	Indirect
2004-09-14	Common Stock	S	11600.00	$53.39	Disposed	5702926.00	Indirect
2004-09-14	Common Stock	S	14400.00	$53.40	Disposed	5688526.00	Indirect
2004-09-14	Common Stock	S	5400.00	$53.41	Disposed	5683126.00	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.