Walmart Inc. — Director's Dealing 2005

Dec 23, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2005-12-22

Reporting Person: McMillon C Douglas (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-12-22	Common Stock	M	1542	$11.125	Acquired	110156	Direct
2005-12-22	Common Stock	F	398	$48.60	Disposed	109758	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-12-22	Common Stock	$11.125	M	1542	Disposed	2006-02-22	Common Stock (1542)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1536.68	Indirect
Common Stock	1245.61	Indirect

Footnotes

F1: These shares were withheld to pay taxes upon the exercise of stock options.

F2: This reporting person's beneficial ownership has been increased by 22.867 shares since his most recent filing to reflect his participation in the Wal-Mart Stores, Inc. 2004 Associate Stock Purchase Plan.