Walmart Inc. — Director's Dealing 2006

Mar 4, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2006-03-01

Reporting Person: DUKE MICHAEL T (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-07-20	Common Stock	G	100	$0.00	Disposed	220747.96	Direct
2005-12-29	Common Stock	G	120	$0.00	Disposed	220627.96	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-03-01	Performance Shares	$	A	20109	Acquired		Common Stock (20109)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1050	Indirect

Footnotes

F1: Includes 8.765 shares acquired through Wal-Mart Stores, Inc. 2004 Associate Stock Purchase Plan since last filing.

F2: On March 1, 2006 the Compensation, Nominating and Governance Committee certified the revenue growth and the return on investment performance goals for the first tranche of performance shares awarded on January 3, 2005. The pay out of the performance shares will occur on or after March 20, 2006 and may be taken in shares of common stock, cash, or a combination of the two, which will be reported on a Form 4.