Walmart Inc. — Director's Dealing 2008

Mar 8, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2008-03-05

Reporting Person: Whaley Steven P (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-03-05	Common Stock	M	538	—	Acquired	8419	Direct
2008-03-05	Common Stock	D	496	$49.55	Disposed	7923	Direct
2008-03-05	Common Stock	F	42	$49.55	Disposed	7881	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-03-05	Performance Shares	$0	A	538	Acquired	2008-03-05	Common Stock (538)	Direct
2008-03-05	Performance Shares	$0	M	538	Disposed	2008-03-05	Common Stock (538)	Direct

Footnotes

F1: These shares were withheld to pay taxes on the vesting of performance based shares.

F2: On March 5, 2008 the Compensation, Nominating and Governance Committee certified the satisfaction of the performance goals applicable to performance shares initially granted on March 1, 2006. These performance shares were deferred in the form of cash through an election made by the reporting individual in a previous year.