TOM STAGGS, SENIOR EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER, THE WALT DISNEY COMPANY, TO SPEAK AT THE DEUTSCHE BANK MEDIA AND TELECOM CONFERENCE AND THE MERRILL LYNCH US MEDIA CONFERENCE

BURBANK, Calif., May 30, 2007 – General discussions with Tom Staggs, senior executive vice president and chief financial officer, The Walt Disney Company, will be hosted by Deutsche Bank at its 2007 Media and Telecom Conference on Tuesday, June 5, 2007, at 2:00 p.m. EDT / 11:00 a.m. PDT and by Merrill Lynch at its 2007 US Media Conference on Thursday, June 7, 2007, at 9:50 a.m. EDT / 6:50 a.m. PDT. To listen to a live audio Webcast of the sessions, please point your browser to www.disney.com/investors approximately five minutes prior to the start time. A re-play will be provided of the Deutsche Bank discussion through Tuesday, June 19, 2007, at 4:00 p.m. PDT and of the Merrill Lynch discussion through Thursday, June 21, 2007 at 4:00 p.m. PDT.

Contacts:

Lowell Singer
Investor Relations
(818) 560-6601

Jonathan Friedland
Corporate Communications
(818) 560-8306

Zenia Mucha
Corporate Communications
(818) 560-5300

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