Walmart Inc. — Director's Dealing 2006

Jan 9, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2006-01-05

Reporting Person: SCOTT L LEE JR (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-12-28	Common Stock	G	10000.00	—	Disposed	809708.23	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-01-05	Stock Option	$45.69	A	415627.00	Acquired	2016-01-04	Common Stock (415627.00)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	25526.44	Indirect
Common Stock	3148.00	Indirect

Footnotes

F1: Includes 46.438 shares acquired through the Wal-Mart Stores, Inc. Associate Stock Purchase program since the last filing.

F2: Includes 76.2787 shares acquired through the Wal-Mart Stores, Inc. Profit Sharing and 401(k) plan since the last filing.

F3: This option vests in 5 equal installments beginning on January 5, 2007.