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Monday, November 19, 2007

WWE® Opens New Developmental Territory In Tampa, Fla.

Courtesy of World Wrestling Entertainment, Inc.:

STAMFORD, Conn.--(November 19, 2007)--World Wrestling Entertainment® is proud to announce the formation of Florida Championship Wrestling, a new training center for future WWE Superstars. The official developmental territory is scheduled to be fully operational by December 2007.

“Florida Championship Wrestling will serve as a training ground for the WWE Superstars and Divas of the future,” said John Laurinaitis, Senior Vice President, Talent Relations. “FCW is building a top-notch facility in the heart of Tampa Bay that has the capacity to groom our vast crop of rising Superstars.”

FCW’s training facility is being expanded to 10,000 square feet, and will include a 300-seat arena. The rejuvenated training facility will also host a weekly show in front of a live audience to be broadcast for regional television. Currently, the facility operates with four rings in which it trains 35 contracted athletes. WWE plans to increase that number to more than 60 in the near future.

WWE has contracted with WWE Legend and former Superstar Steve Keirn to operate the territory. WWE trainer Tom Prichard will oversee all talent training.

FCW is located at 4535 S Dale Mabry Rd in South Tampa. More information is available at fcwwrestling.com.

Additional information on World Wrestling Entertainment, Inc. (NYSE: WWE) can be found at wwe.com and corporate.wwe.com. For information on our global activities, go to http://www.wwe.com/worldwide/

Trademarks: All WWE programming, talent names, images, likenesses, slogans, wrestling moves, and logos are the exclusive property of World Wrestling Entertainment, Inc. ECW is a trademark of WWE Libraries, Inc. All other trademarks, logos and copyrights are the property of their respective owners.

Forward-Looking Statements: This news release contains forward-looking statements pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995, which are subject to various risks and uncertainties. These risks and uncertainties include the conditions of the markets for live events, broadcast television, cable television, pay-per-view, Internet, feature films, entertainment, professional sports, and licensed merchandise; acceptance of the Company's brands, media and merchandise within those markets; uncertainties relating to litigation; risks associated with producing live events both domestically and internationally; uncertainties associated with international markets; risks relating to maintaining and renewing key agreements, including television distribution agreements; and other risks and factors set forth from time to time in Company filings with the Securities and Exchange Commission. Actual results could differ materially from those currently expected or anticipated. In addition to these risks and uncertainties, our dividend is based on a number of factors, including our liquidity and historical and projected cash flow, strategic plan, our financial results and condition, contractual and legal restrictions on the payment of dividends and such other factors as our board of directors may consider relevant.

World Wrestling Entertainment, Inc.
Media: Gary Davis, 203-353-5066
Investor: Michael Weitz, 203-352-8642