Andy Mooney, Chairman, Disney Consumer Products, To Speak At The Merrill Lynch Us Media Conference

BURBANK, Calif., June 1, 2006 – A presentation and general discussion with Andy Mooney, chairman, Disney Consumer Products, The Walt Disney Company (NYSE: DIS) will be hosted by Merrill Lynch at its US Media Conference in London on Thursday, June 8, 2006, at 9:20 a.m. EDT/6:20 a.m. PDT. 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 Thursday, June 22, 2006, at 4:00 p.m. PDT.