Walmart Inc. — Director's Dealing 2004

Jan 16, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2004-01-07

Reporting Person: SHEWMAKER JACK C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-31	Common Stock	A	132.00	$52.9300	Acquired	625786.00	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2687732.00	Indirect
Common Stock	3600.00	Indirect