BURBANK, Calif., July 7, 2005 – Senior executives of The Walt Disney Company (NYSE: DIS) will discuss fiscal third quarter 2005 financial results via a live Webcast beginning at 4:30 p.m. EDT on Tuesday, August 9, 2005 (results will be released at 4:01 p.m. EDT). To listen to the Webcast, point your browser www.disney.com/investors. The discussion will be available via re-play through August 16, 2005 at 4:00 p.m. PDT.