Walmart Inc. — Director's Dealing 2008

May 17, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2008-05-14

Reporting Person: Castro Wright Eduardo (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-05-14	Common Stock	M	41108	$46.22	Acquired	289370	Direct
2008-05-14	Common Stock	M	34143	$45.69	Acquired	323513	Direct
2008-05-14	Common Stock	M	29916	$47.80	Acquired	353429	Direct
2008-05-14	Common Stock	F	3492	$57.45	Disposed	349937	Direct
2008-05-14	Common Stock	F	2184	$57.45	Disposed	347753	Direct
2008-05-14	Common Stock	F	3037	$57.45	Disposed	344716	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-05-14	Stock Option	$46.22	M	41108	Disposed	2001-09-06	Common Stock (41108)	Direct
2008-05-14	Stock Option	$45.69	M	34143	Disposed	2016-01-04	Common Stock (34143)	Direct
2008-05-14	Stock Option	$47.80	M	29916	Disposed	2013-01-30	Common Stock (29916)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	198.187	Indirect

Footnotes

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

F2: The option is exercisable in five equal annual installments beginning on September 7, 2002.

F3: The option is exercisable in five equal annual installments beginning on January 5, 2007.

F4: The option is exercisable in five equal annual installments beginning on May 9, 2004.