WrestleMania XX Countdown Celebration Commences at Madison Square Garden on June 23

Business Wire, June 18, 2003

Sports Editors/Business Editors

STAMFORD, Conn.--(BUSINESS WIRE)--June 18, 2003

Nine-Months of Activities Planned to Lead up to WrestleMania(R) XX on March 14, 2004

World Wrestling Entertainment(TM)(WWE(TM)) kicks-off nine months of activities leading up to WrestleMania XX when its sold-out WWE RAW(R) and its WWE SmackDown!(TM) events come to Madison Square Garden (MSG) on Monday, June 23, and Tuesday, June 24.

MSG will play host to WrestleMania XX, which will be held on March 14, 2004, and seen live around the world on pay-per-view. MSG has played an integral part in WrestleMania history as the first WrestleMania was held there in 1984, and it housed WrestleMania X in 1994.

"WWE is thrilled to be bringing WrestleMania XX to New York City's famed Madison Square Garden, where it all began 20 years ago," said WWE Executive Vice President Kurt Schneider. "WWE is incredibly proud to showcase 20 years of WrestleMania in a place it considers home. New York, the most exciting and vibrant city in the world, will provide a spectacular backdrop for nine months worth of activities leading up to WrestleMania XX on March 14, 2004."

WWE is focusing all of its resources on the year-long WrestleMania XX celebration, including special promotions with its consumer products, weekly live events, and monthly pay-per-views.

WrestleMania XX celebration activities on June 23 and June 24 include:

June 23

WrestleMania XX Benefit for Armed Forces Families

-- WWE RAW Superstars Stone Cold Steve Austin(TM), Ric Flair(TM),

Bill Goldberg(TM), Triple H(TM), Kevin Nash(TM), Shawn

Michaels(TM) and Trish Stratus(TM).

-- First in a series of six fundraising events to raise money for

the families of military personnel killed in the war with

Iraq.

-- FYE Store, 1290 Avenue of the Americas, 11a.m.-1 p.m.

Official WrestleMania XX Kick-off

-- WWE Monday Night RAW

-- Unveiling of WrestleMania XX logo

-- MSG, 7:45 p.m.

June 24

Get R.E.A.L. Summer Reading Program

-- WWE SmackDown! Superstars Rhyno(TM) and Matt Hardy(TM)

-- Public School 197, 2230 Fifth Avenue, Harlem. 11:00 a.m.

"Good Ol J.R."(TM), Jim Ross(TM) Book Signing

-- WWE RAW announcer J.R. and WWE Diva Stacy Keibler(TM)

-- Virgin Megastore in Times Square, 4:00 p.m.

Official WrestleMania XX Kick-off

-- WWE SmackDown!

-- Unveiling of WrestleMania XX logo

-- MSG, 7:30 p.m.

June 26

WWE SmackDown!

-- Unveiling of WrestleMania XX logo

-- UPN, 8 PM ET/7 PM CT

World Wrestling Entertainment, Inc. (NYSE: WWE) is an integrated media and entertainment company headquartered in Stamford, Conn., with offices in New York City, Los Angeles, Toronto and London. Additional information on the company can be found at wwe.com and corporate.wwe.com. Information on television ratings and community activities can be found at parents.wwe.com.

Trademarks: The names of all World Wrestling Entertainment televised and live programming, talent names, images, likenesses, slogans and wrestling moves and all World Wrestling Entertainment logos are trademarks, which are the exclusive property of World Wrestling Entertainment, Inc.

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, 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; 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.