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Tuesday, January 13, 2009

“STONE COLD” STEVE AUSTIN™ TO BE IN WWE ® HALL OF FAME

Courtesy of World Wrestling Entertainment, Inc.:

STAMFORD, CONN., January 13, 2009 – World Wrestling Entertainment® announced today that the most popular Superstar in the history of the WWE, “Stone Cold” Steve Austin, will be inducted into the WWE Hall Of Fame. The induction ceremony will take place on April 4th at the Toyota Center in Houston, Texas during the weekend of the 25th Anniversary of WrestleMania.

“Stone Cold” Steve Austin, the man who revolutionized an industry, holds every all-time WWE record, including live attendance, Pay-Per-View buys, licensing and merchandise.

Tickets go on sale for the Hall of Fame Ceremony this Saturday, January 17th and are available through: http://www.houstontoyotacenter.com, the Toyota Center Box Office, or by calling 1-866-4HOUTIX.

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, trademarks, copyrights and logos are the exclusive property of World Wrestling Entertainment, Inc. and its subsidiaries. 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.