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Tuesday, June 24, 2008

RAW® DRAMA

Courtesy of World Wrestling Entertainment, Inc.:

STAMFORD, Conn., June 24, 2008 – One of the most dramatic scenes in the history of Monday Night RAW took place live last night on USA Network’s ratings winner. After legitimately giving away $1 million dollars for the 3rd week in a row, an “accident” occurred burying Mr. McMahon® in over a ton of rubble.

Last week, Monday Night RAW ratings defeated all other television programming on broadcast and cable in the coveted male 18-49 demographic. Last night’s shocking twist will no doubt add even more intrigue to the most watched regularly scheduled show on cable.

Media Contact:
Gary Davis, 203-353-5066

Investor Contact:
Michael Weitz, 203-352-8642

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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.