The Walt Disney Company To Reorganize Strategic Planning Division

BURBANK, Calif., March 25, 2005 To address today’s rapidly evolving global business landscape, Michael D. Eisner, chief executive officer of The Walt Disney Company, and Robert A. Iger, president and chief operating officer and CEO-elect, today announced a restructuring of the company’s Corporate Strategic Planning Division. The division will be restructured to more closely align with the company’s growth priorities, including creativity and innovation, new technologies and international expansion.