Tom Staggs, Senior Executive Vice President And Chief Financial Officer, The Walt Disney Company And Steve Wadsworth, President, Walt Disney Internet Group To Speak At The 2005 Merrill Lynch Media And Entertainment Conference

BURBANK, Calif., September 7, 2005 – A presentation and general discussion with Tom Staggs, senior executive vice president and chief financial officer, The Walt Disney Company and Steve Wadsworth, president, Walt Disney Internet Group (NYSE: DIS) will be hosted by the Merrill Lynch Media and Entertainment Conference on Wednesday September 14, 2005 from 2:25 p.m. – 3:05 p.m. EDT/11:25 a.m. – 12:05 p.m. PDT.

To listen to the Webcast,please point your browser to approximately five minutes prior to the start time.

A re-play will be provided through Wednesday, September 28, 2005 at 4:00 p.m. PDT.