Walmart Inc. — Director's Dealing 2004

Sep 2, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2004-08-31

Reporting Person: COUGHLIN THOMAS M (Director, Vice Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-08-31	Common Stock	M	12670.00	$11.375	Acquired	350928.00	Direct
2004-08-31	Common Stock	F	2736.00	$52.67	Disposed	348192.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-08-31	Stock Option	$11.3750	M	12670.00	Disposed	2004-11-17	Common Stock (12670.00)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	39171.00	Indirect
Common Stock	14326.00	Indirect
Common Stock	29637.00	Indirect
Common Stock	220.00	Indirect
Common Stock	71626.00	Indirect