THE WALT DISNEY COMPANY EXECUTIVES TO DISCUSS FISCAL THIRD QUARTER 2006 FINANCIAL RESULTS VIA WEBCAST (updated)

BURBANK, Calif., July 13, 2006 – Senior executives of The Walt Disney Company (NYSE: DIS) will discuss fiscal third quarter 2006 financial results via a live Webcast beginning at 8:30 a.m. EDT / 5:30 a.m. PDT on Wednesday, August 9, 2006 (results are expected to be released at approximately 8:15 a.m. EDT / 5:15 a.m. PDT).

To listen to the Webcast point your browser to www.disney.com/investors.

The discussion will be available via re-play through August 23, 2006 at 7:00 p.m. EDT / 4:00 p.m. PDT.

Contacts:

Teri Klein
Investor Relations
818-560-6267

David Caouette
Corporate Communications
818-560-8543
Zenia Mucha
Corporate Communications
818-560-5300

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