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THE WALT DISNEY COMPANY TO WEBCAST ITS ANNUAL MEETING OF SHAREHOLDERS

February 21, 2007

THE WALT DISNEY COMPANY TO WEBCAST ITS ANNUAL MEETING OF SHAREHOLDERS

BURBANK, Calif., February 21, 2007 - The annual meeting of shareholders of The Walt Disney Company (NYSE: DIS), including remarks by management regarding the Company, will be available live via audio webcast at www.disney.com/investors beginning at 8:00 a.m. PST / 11:00 a.m. EST on March 8, 2007. A re-play will be provided through March 22, 2007 at 4:00 p.m. PDT.

Contacts
Corporate Communications
Jonathan Friedland
818-560-8306

Investor Relations
Teri Klein
818-560-6267

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