Statement From Walton Family on Estate of the Late Helen Walton

BENTONVILLE, Ark., April 24 /PRNewswire-FirstCall/ -- Wal-Mart (NYSE: WMT) has received inquiries as to whether Helen Walton's death will necessitate substantial sales of Wal-Mart shares. In response to these questions, the Walton family has provided the following statement to the Company:

"As a result of Helen Walton's death, a significant portion of her Wal- Mart interest will pass, over a period of years, to charity. While Helen Walton's disposition of her Wal-Mart interest will not require sales of a substantial number of Wal-Mart shares for the next several years, it is expected that Wal-Mart shares will be disposed of over time to fund charitable programs."