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Thursday, February 11, 2010

DeVito Elected To WWE Board Of Directors

Source - World Wrestling Entertainment, Inc.:

STAMFORD, Conn., Feb 11, 2010 -- World Wrestling Entertainment® announced today that Basil V. DeVito, Jr. has been elected to its Board of Directors.

DeVito has been with the Company over the past 25 years. Since 2003, he has served as Senior Advisor, Business Strategies, in which he has obtained placement for WWE television programming in North America. His tenure with the company began in 1985, when he created WWE’s first marketing group. He subsequently managed several WWE departments, and served as its Chief Operating Officer from January 1997 through June 1998. DeVito was also President of the XFL™, WWE’s former professional football league.

In addition to his duties at WWE, DeVito held senior positions with the National Basketball Association, The National Thoroughbred Racing Association and Breeder’s Cup Ltd.


World Wrestling Entertainment, Inc., a publicly traded company (NYSE: WWE), is an integrated media organization and recognized leader in global entertainment. The company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE is committed to family-friendly, PG content across all of its platforms including television programming, pay-per-view, digital media and publishing. WWE programming is broadcast in more than 145 countries and 30 languages and reaches more than 500 million homes worldwide. The company is headquartered in Stamford, Conn., with offices in New York, Los Angeles, Chicago, London, Shanghai, Sydney, Tokyo and Toronto.

Additional information on World Wrestling Entertainment, Inc. (NYSE: WWE) can be found at wwe.com and corporate.wwe.com.

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.