Bob Iger, President And Chief Executive Officer, To Speak At The Bear Stearns 19Th Annual Media Conference

BURBANK, Calif., February 22, 2006 – A general discussion with Bob Iger, president and chief executive officer, The Walt Disney Company (NYSE: DIS) will be hosted by Bear Stearns at its Nineteenth Annual Media Conference on Monday, February 27, 2006, at 7:45 p.m. EST/4:45 p.m. PST. To listen to a live Webcast of the session, please point your browser to www.disney.com/investors approximately fifteen minutes prior to the start time.

A re-play will be provided through Monday, March 13, 2006, at 4:00 p.m. PST.