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 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
2004-09-14	Common Stock	S	1800.00	$53.13	Disposed	6142226.00	Indirect
2004-09-14	Common Stock	S	9800.00	$53.15	Disposed	6132426.00	Indirect
2004-09-14	Common Stock	S	11000.00	$53.17	Disposed	6121426.00	Indirect
2004-09-14	Common Stock	S	4200.00	$53.19	Disposed	6117226.00	Indirect
2004-09-14	Common Stock	S	15200.00	$53.20	Disposed	6102026.00	Indirect
2004-09-14	Common Stock	S	27700.00	$53.21	Disposed	6074326.00	Indirect
2004-09-14	Common Stock	S	33200.00	$53.22	Disposed	6041126.00	Indirect
2004-09-14	Common Stock	S	23700.00	$53.23	Disposed	6017426.00	Indirect
2004-09-14	Common Stock	S	5600.00	$53.24	Disposed	6011826.00	Indirect
2004-09-14	Common Stock	S	26400.00	$53.25	Disposed	5985426.00	Indirect
2004-09-14	Common Stock	S	9100.00	$53.26	Disposed	5976326.00	Indirect
2004-09-14	Common Stock	S	10800.00	$53.27	Disposed	5965526.00	Indirect
2004-09-14	Common Stock	S	21400.00	$53.28	Disposed	5944126.00	Indirect
2004-09-14	Common Stock	S	14500.00	$53.29	Disposed	5929626.00	Indirect
2004-09-14	Common Stock	S	25500.00	$53.30	Disposed	5904126.00	Indirect
2004-09-14	Common Stock	S	31600.00	$53.31	Disposed	5872526.00	Indirect
2004-09-14	Common Stock	S	19800.00	$53.32	Disposed	5852726.00	Indirect
2004-09-14	Common Stock	S	28600.00	$53.33	Disposed	5824126.00	Indirect
2004-09-14	Common Stock	S	22100.00	$53.34	Disposed	5802026.00	Indirect
2004-09-14	Common Stock	S	27100.00	$53.35	Disposed	5774926.00	Indirect
2004-09-14	Common Stock	S	10100.00	$53.36	Disposed	5764826.00	Indirect
2004-09-14	Common Stock	S	10100.00	$53.37	Disposed	5754726.00	Indirect
2004-09-14	Common Stock	S	31600.00	$53.38	Disposed	5723126.00	Indirect
2004-09-14	Common Stock	S	11600.00	$53.39	Disposed	5711526.00	Indirect
2004-09-14	Common Stock	S	14400.00	$53.40	Disposed	5697126.00	Indirect
2004-09-14	Common Stock	S	5400.00	$53.41	Disposed	5691726.00	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.