Remarks By Jay Rasulo, President, Walt Disney Parks And Resorts, And Q&A With Tom Staggs, Cfo, The Walt Disney Company, Available Live Via Web Cast

BURBANK, Calif., Oct. 2, 2003 – Jay Rasulo, president, Walt Disney Parks & Resorts, will make a presentation from Walt Disney World Resort in Orlando, Florida beginning at 10:00 a.m. EDT on Wednesday, Oct. 8, 2003. The presentation will be followed by a question and answer session that will also include Tom Staggs, Disney’s senior executive vice president and CFO. Their comments and responses will be available live via Web cast. Please point your browser to www.disney.com/investors approximately five minutes prior to the start time.