Walmart Inc. — Director's Dealing 2011

Dec 21, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WAL MART STORES INC (WMT)
CIK: 0000104169
Period of Report: 2011-12-19

Reporting Person: DUKE MICHAEL T (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-19	Common Stock	G	700	—	Disposed	864692.3384	Direct
2011-12-19	Common Stock	G	25754	—	Disposed	838938.3384	Direct
2011-12-19	Common Stock	G	25754	—	Acquired	25754	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1231.7287	Indirect

Footnotes

F1: This transaction involved a transfer of securities by the reporting person to his wife, who shares the reporting person's household. The reporting person disclaims beneficial ownership of the securities held by his wife, and this report should not be deemed an admission that the reporting person is the beneficial owner of his wife's securities for purposes of Section 16 or for any other purpose.

F2: Balance adjusted to reflect shares acquired through the Wal-Mart Stores, Inc. 2004 Associate Stock Purchase Plan.