ANNE SWEENEY, CO-CHAIRMAN, MEDIA NETWORKS AND PRESIDENT, DISNEY-ABC TELEVISION GROUP TO SPEAK AT THE 2006 MERRILL LYNCH MEDIA AND ENTERTAINMENT CONFERENCE

BURBANK, Calif., August 31, 2006 - A presentation and general discussion with Anne Sweeney, co-chairman, Media Networks and president, Disney-ABC Television Group (NYSE: DIS) will be hosted by the Merrill Lynch Media and Entertainment Conference on Wednesday September 13, 2006 from 11:15 a.m. - 11:55 a.m. EDT/8:15 a.m. - 8:55 a.m. PDT. To listen to a live Webcast of the session, please point your browser to www.disney.com/investors approximately five minutes prior to the start time. A re-play will be provided through Wednesday, September 27, 2006 at 4:00 p.m. PDT.

Contacts:
David Caouette
The Walt Disney Company
(818) 560- 8543

Teri Klein
The Walt Disney Company
(818) 560- 6267

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