Walmart Inc. — Director's Dealing 2005

May 17, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2005-05-13

Reporting Person: DUKE MICHAEL T (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-05-13	Common Stock	M	60000.00	$12.375	Acquired	218907.00	Direct
2005-05-13	Common Stock	F	17640.00	$47.13	Disposed	201267.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-05-13	Stock Options	$12.3750	M	60000.00	Disposed	2005-08-10	Common Stock (60000.00)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1050.00	Indirect

Footnotes

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