Walmart Inc. — Director's Dealing 2005

Feb 23, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2005-02-18

Reporting Person: TURNER BRIAN KEVIN (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-02-18	Common Stock	M	5992.00	$11.81	Acquired	94285.00	Direct
2005-02-18	Common Stock	M	9354.00	$19.09	Acquired	103639.00	Direct
2005-02-18	Common Stock	M	11820.00	$39.875	Acquired	115459.00	Direct
2005-02-18	Common Stock	M	10434.00	$46.00	Acquired	125893.00	Direct
2005-02-21	Common Stock	F	4978.00	$52.825	Disposed	120915.00	Direct
2005-02-22	Common Stock	S	2644.00	$52.05	Disposed	118271.00	Direct
2005-02-22	Common Stock	S	6800.00	$52.04	Disposed	111471.00	Direct
2005-02-22	Common Stock	S	3222.00	$52.06	Disposed	108249.00	Direct
2005-02-22	Common Stock	S	29400.00	$52.03	Disposed	78849.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-02-18	Stock Option	$19.0938	M	9354.00	Disposed	1998-01-09	Common Stock (9354.00)	Direct
2005-02-18	Stock Option	$39.8750	M	11820.00	Disposed	2009-01-13	Common Stock (11820.00)	Direct
2005-02-18	Stock Options	$11.8125	M	5992.00	Disposed	2007-01-07	Common Stock (5992.00)	Direct
2005-02-18	Stock Options	$46.0000	M	10434.00	Disposed	2010-02-27	Common Stock (10434.00)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3283.00	Indirect

Footnotes

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