BURBANK, Calif., July 14, 2004 – Senior executives of The Walt Disney Company (NYSE: DIS) will discuss fiscal third quarter 2004 financial results via a live webcast beginning at 4:30 p.m. EDT on Tuesday, August 10, 2004 (results will be released at 4:01 p.m. EDT). To listen to the webcast, point your browser to www.disney.com/investors. The discussion will be available via re-play through August 17, 2004 at 4:00 p.m. PDT.