Bob Iger, Disney President And Chief Operating Officer And Tom Staggs, Disney Senior Executive Vice President And Chief Financial Officer To Speak At The 2004 Merrill Lynch Media And Entertainment Conference

BURBANK, Calif., September 27, 2004 – A presentation and general discussion with Bob Iger, president and chief operating officer, and Tom Staggs, senior executive vice president and chief financial officer, The Walt Disney Company (NYSE: DIS) will be hosted by the Merrill Lynch Media and Entertainment Conference on Thursday September 30, 2004 from 1:15 p.m. – 2:00 p.m. EDT/10:15 a.m. – 11:00 a.m. PDT. To listen to a live Webcast of the session, please point your browser to approximately five minutes prior to the start time. A re-play will be provided through Thursday, October 7, 2004 at 4:00 p.m. PDT.