Mike Shaw, President, Sales And Marketing, ABC Television Network To Speak To Investors

BURBANK, Calif., April 5, 2005 – Mike Shaw, president, Sales and Marketing, ABC Television Network will present a tutorial on upfront advertising hosted by Deutsche Bank Securities at 9:30 a.m. PDT / 12:30 p.m. EDT on Thursday, April 7, 2005. His remarks will be available live via Web cast. Please point your browser to www.disney.com/investors approximately five minutes prior to the start time. A re-play will be provided through Thursday, April 14, 2005 at 4:00 p.m. PDT.