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Fact Book 2005

OPERATIONS

TABLE of contents

Fact Book 2005

Welcome Letter

Explore the World of Disney

Management

Management Team

Board of Directors

Operations

Media Networks

Proﬁle

Business

Key Dates

Fast Facts

Data

Studio Entertainmet

Proﬁle

Business

Key Dates

Fast Facts

Data

Parks and Resorts

Proﬁle

Business

Key Dates

Fast Facts

Data

Consumer Products

Proﬁle

Business

Key Dates

Fast Facts

Data

History

Financials

Consolidated Statements of Income

Consolidated Balace Sheets

Consolidated Statements of Cash Flows

100

Consolidated Statements of Income / Fiscal 2005

102

Consolidated Statements of Income / Fiscal 2004

107

Key Financial Ratios

111

Disney Common Stock Statistics

112

Reconciliations

113

Table of Contents

FINANCIALS

Welcome to The Walt Disney Company Fact Book 2005

The Walt Disney Company’s Fact Book 2005 seeks to highlight the great connection that

people from around the world have with Disney products, movies, stage shows, televi-

sion programming, music, theme park experiences, and a myriad of digital content offer-

ings, including broadband and wireless.

New technologies and distribution paths worldwide provide The Walt Disney Company

with a bridge to a previously unavailable customer base already familiar with the Compa-

ny’s Disney, ESPN and other brands, and further reinforce the connection that consumers

have with our operating business segments. With a focus on growing operating income,

improving returns on capital and delivering strong cash ﬂow, the Company aims to pro-

vide long-term value to shareholders.

Disney enjoys competitive advantages that underpin many of our successes, both ﬁnan-

cial and creative. In the long run, we prosper from the inventiveness of our ﬁlm, televi-

sion, Internet, and other programming; our ability to connect with our audiences through

our brands and creativity; the use of technological advances to enhance our products

and expand our content delivery methods; the opportunity to delight people around the

world with our toys, clothing and other consumer products; and the ability to surprise

our Guests with magical experiences at our parks, cruise lines and resorts. We seek to

continue our growth into the many different media platforms and global regions that

new and established technologies have made available.

In this Fact Book, we proﬁle the Company’s key business segments and performance, and

highlight key events from throughout the Company’s 82 year history. We also showcase

our current global initiatives, and give you a glimpse into what The Walt Disney Com-

pany has in store for growth around the world.

Enjoy Fact Book 2005 and thank you for your interest in The Walt Disney Company.

Sincerely,

Winifred Markus Webb

Senior Vice President

Investor Relations and Shareholder Services

Fact Book 2005

EXPLORE THE WORLD OF DISNEY

Fact Book 2005

EXPLORE THE WORLD OF DISNEY > MEDIA NETWORKS

Media Networks

brings Disney into the homes of hundreds of millions of people internationally through 23 Disney

Channels and more than 70 branded blocks. Additionally, the Jetix brand now encompasses 18 international channels

airing in nearly 80 countries. ESPN International, through ownership in whole or in part of 29 television networks out-

side of the United States, reaches fans in 194 countries and territories in 12 languages. Media Networks is also pursu-

ing new media opportunities through the Walt Disney Internet group that maintains 40 international Disney branded

websites and licenses content to more than 70 mobile distributors in over 30 countries.

EXPLORE THE WORLD OF DISNEY > STUDIO ENTERTAINMENT

Studio Entertainment markets and distributes Disney, Touchstone, Miramax and internationally produced or acquired

ﬁlmed entertainment across the theatrical, video and television windows. Buena Vista International, the theatrical distri-

bution arm, began international distribution in 1939 and has achieved $1 billion in box ofﬁce for the past 11 years. The

segment is also home to a Theatrical Productions business that has brought the Lion King, Aida, Beauty & the Beast and

Mary Poppins to the live stage in 14 international venues and also tours seven global Disney on Ice shows. The Buena

Vista Music Group rounds out Studio Entertainment’s international operations with the marketing, distribution and pub-

lishing of three major labels with acts such as Hilary Duff and Jesse McCartney.

Fact Book 2005

EXPLORE THE WORLD OF DISNEY

EXPLORE THE WORLD OF DISNEY > PARKS AND RESORTS

The Parks and Resorts segment ﬁrst expanded beyond US borders with the launch of Tokyo Disneyland in 1983. Since

then, 4 additional international theme parks have been launched with the latest, Hong Kong Disneyland, opening its

doors this past September. The segment now boasts eight of the top 10 theme parks globally, including the most vis-

ited site in Europe, Disneyland Resort Paris.

Fact Book 2005

EXPLORE THE WORLD OF DISNEY

EXPLORE THE WORLD OF DISNEY > CONSUMER PRODUCTS

Disney Consumer Products is the world’s largest licensor and is continuing to expand its international presence through

innovative direct to retail relationships with major retailers including Carrefour, Auchan, Tesco and Wal-Mart. The seg-

ment has also been one of the most successful in emerging markets such as China, where nearly 2,000 Disney Corners

offer Disney branded merchandise to the country’s population of 1.3 billion. Disney Consumer Products is also home

to the world’s largest children’s publisher, producing books and magazines in more than 55 languages reaching more

than 100 million readers each month. The segment’s other key international operations include over 100 owned Disney

Stores in Europe and 50 licensed Disney Stores in Japan, as well as Buena Vista Games, which produces and distributes

interactive content for the latest PCs and gaming consoles.

Fact Book 2005

EXPLORE THE WORLD OF DISNEY

Fact Book 2005

MANAGEMENT

Fact Book 2005

MANAGEMENT

Robert A. Iger

President and
Chief Executive Officer

The Walt Disney
Company

Andy Bird

President

Walt Disney
International

George W. Bodenheimer

Co-Chairman

Disney Media Networks

President

ESPN, Inc. and ABC Sports

Chairman

ESPN Board of Directors

Andrew P. Mooney

Chairman

Disney Consumer
Products

Alan Braverman

Senior Executive Vice
President, General
Counsel and Secretary,

The Walt Disney
Company

Richard Cook

Chairman

The Walt Disney Studios

MANAGEMENT TEAM

Fact Book 2005

MANAGEMENT

Jay Rasulo

Chairman

Walt Disney Parks and
Resorts

Thomas O. Staggs

Senior Executive Vice
President and
Chief Financial Officer

The Walt Disney
Company

Anne Sweeney

Co-Chairman

Disney Media Networks,

President

Disney-ABC Television
Group

Steve Wadsworth

President

Walt Disney Internet
Group

MANAGEMENT TEAM

Fact Book 2005

MANAGEMENT

John E. Bryson

Director since 2000

John S. Chen

Director since 2004

Judith L. Estrin

Director since 1998

Aylwin B. Lewis

Director since 2004

Robert A. Iger

Director since 2000

Fred H. Langhammer

Director since 2005

Monica C. Lozano

Director since 2000

Robert W. Matschullat

Director since 2002

BOARD OF DIRECTORS

Fact Book 2005

MANAGEMENT

George J. Mitchell

Chairman of the Board
since March 2004

Leo J. O'Donovan, S.J.

Director since 1996

John E. Pepper, Jr.

Director since 2006

Gary L. Wilson

Director since 1985

Orin C. Smith

Director since 2006

BOARD OF DIRECTORS

Fact Book 2005

OPERATIONS

Fact Book 2005

OPERATIONS

MEDIA NETWORKS > PROFILE

The Media Networks segment encompasses the Company’s Broadcasting and Cable businesses, as well as its Internet

and digital media operations. The ABC Television Network has 226 afﬁliated stations reaching 99% of all U.S. television

households, and broadcasts programs in “dayparts” including early morning, daytime, lat night, prime time, news,

children and sports. The Company owns and operates 10 ABC television stations in top markets across the country, 27

ABC radio stations nationwide as well as a variety of radio network programming including Radio Disney, ESPN Radio

and ABC News Radio. The Walt Disney Company also develops and produces television programming under the Buena

Vista Production and Touchstone Television banners, and children’s animated programming under the Buena Vista Tele-

vision and Walt Disney Television labels. Also included in the Broadcasting segment of Media Networks are Buena Vista

Television, which produces and distributes syndicated programming and Buena Vista Television International, which

distributes Disney’s series and movies for T.V. outside the United States. Disney’s cable networks also form part of the

Company’s Media Networks division, including all of the ESPN sports networks and brand extensions, Disney Channel

Worldwide, ABC Family, Toon Disney, SOAPnet, Jetix and equity interests in Lifetime Entertainment Services, A&E Tele-

vision Networks and E! Networks. The Walt Disney Internet Group, which leads corporate Internet business and technol-

ogy strategy and manages many of the Company’s Internet properties, is also a part of the Media Networks division.

Fact Book 2005

OPERATIONS

ABC Television Network

ABC Daytime

ABC News

ABC Sports

ABC Kids

Owned and Operated TV Stations

Touchstone Television Production and Distribution

Walt Disney Television Animation

Buena Vista Television

Buena Vista Television International

ABC Radio Network

ESPN Radio Network

Radio Disney Network

ABC Owned Radio Stations

Walt Disney Internet Group

ESPN, Inc.

ESPN Magazine

ESPN Classic

ESPNsoccernet

ESPN Radio

EXPN

ESPN International

ESPN Deportes

ABC Family

Disney Channel

Disney Channel International

Toon Disney

Jetix Europe

Jetix Latin America

SOAPnet

Lifetime Television

abc.com

abc.com/daytime

abcnews.com

abcsports.com

tv.disney.go.com/abckids/

abclocal.go.com

touchstonetvpress.com

tv.disney.go.com/

abcradio.com

espnradio.com

radiodisney.com

abclocal.go.com

disney.com

espn.com

insider.espn.go.com/insider/magazine

espn.com/classic

soccernet.com

espnradio.com

expn.com

intltv.espn.com

espndeportes.com

abcfamily.com

disneychannel.com

disneyinternational.com

toondisney.com

jetixeurope.com

jetixtv.com

soapnet.com

lifetimetv.com

MEDIA NETWORKS > BUSINESSES

Fact Book 2005

OPERATIONS

Lifetime Movie Network

A&E

The History Channel

The Biography Channel

History International

The History Channel en espanol

Military History Channel

E! Entertainment Television

style.

lifetimetv.com/lmn/

aetv.com

thehistorychannel.com

biography.com

historyinternational.com

history.com/espanol

historychannel.com/military

eonline.com

stylenetwork.com

MEDIA NETWORKS > BUSINESS

Fact Book 2005

OPERATIONS

January 6, 2005

ESPN2 HD launches as a simulcast of ESPN2 and includes over 100 live tele-

casts originally produced and distributed in high-deﬁnition television.

January 10, 2005

ESPN Classic Sport launches in Belgium, making the network available to more

than 15 million European households.

January 17, 2005

Electronic Arts (NASDAQ: ERTS) and ESPN announce a long-term agreement

for the development and integrated marketing of EA SPORTS games containing

ESPN content. The relationship is to include established EA SPORTS franchises,

which will be enhanced by ESPN telecast, print and online content, as well as

new sports games to be published by EA based on ESPN media properties.

February 27, 2005

The 77th Annual Academy Awards

, hosted by Chris Rock, airs on ABC. Also this

year, it was announced that the Oscar® telecast will remain on ABC through

2014 – which will mark 38 consecutive years airing on ABC.

March 4, 2005

ESPNU launches - a multimedia college sports initiative across ESPN’s family

of services, including a 24-hour television network, content and components for

ESPN.com, ESPN

The Magazine

, Mobile ESPN (wireless), ESPN Radio, ESPN

Interactive, and ESPN Broadband.

April 1, 2005

ESPN.com celebrates its 10-year anniversary.

MEDIA NETWORKS > KEY DATES

Fact Book 2005

OPERATIONS

May 26 – 29, 2005

The X Games, the world’s signature action sports competition, makes its South

Korean debut, as the city of Seoul hosted the Asian X Games 2005.

April 8, 2005

Kim Possible: So the Drama

, the ﬁrst-ever animated Disney Channel Original

Movie, premieres on Disney Channel.

June 7, 2005

The Walt Disney Internet Group acquires Minds Eye Productions, a leading

interactive T.V. game developer in Europe.

June 20, 2005

The ABC Family original scripted drama Wildﬁre delivers the highest series

premiere in the history of the channel.

June 20, 2005

Walt Disney Television International announces the launch of Disney Channel

and Playhouse Disney Channel into Cambodia, making it the fourth Asian mar-

ket within six months to have launched Disney Channels – this after launching

into Palau, Thailand and most recently, Vietnam.

June 28, 2005

ABC News, Disney Online and ESPN.com announce their extensive line-up of

free audio Podcast content available via the iTunes Podcast Directory. Users

can subscribe to this content among other Podcasts, and iTunes will automati-

cally check to see when there are new episodes, download them into fans’ com-

puters and automatically put them on user’s iPods.

MEDIA NETWORKS > KEY DATES

Fact Book 2005

OPERATIONS

July 6, 2005

The Walt Disney Internet Group and Sprint announce an agreement through

which Disney will create the ﬁrst national U.S. wireless phone service speciﬁ-

cally designed for families. The service, called Disney Mobile, will use the

Sprint Nationwide PCS Network and is slated to launch in 2006.

July 19, 2005

A Radio Disney playlist with downloadable music for sale becomes available on

Apple’s iTunes.

August 1, 2005

ESPN Radio crosses a major milestone with the addition of WINE-AM 940 and

WPUT-AM 1510, in Brookﬁeld, Conn. marking the 300th full-time radio afﬁliate

for the sports network.

September 13, 2005

Viva Disney, an all family, Spanish-language radio program, and part of the Ra-

dio Disney family, launches in weekly syndication to select top markets includ-

ing Denver, El Paso, Phoenix, Albuquerque and West Palm Beach.

September 14, 2005

ESPN and Major League Baseball announce that they have reached an eight-

year regular-season agreement, highlighted by the continuation of ESPN’s

Sunday Night Baseball

series with additional, exclusive team appearances.

September 19, 2005

The ABC Television Network wins six Emmys at the

57th annual Primetime

Emmy Awards ceremony,

more than any other broadcast network. ABC se-

cured major wins for Outstanding Drama Series for

Lost

, Outstanding Actress

in a Comedy Series for Felicity Huffman for her work on

Desperate Housewives,

Outstanding Lead Actor in a Drama Series for James Spader and Outstanding

Supporting Actor in a Drama Series for William Shatner, both of

Boston Legal

MEDIA NETWORKS > KEY DATES

Fact Book 2005

OPERATIONS

September 21, 2005

Verizon and The Walt Disney Company announce a long-term, wide-ranging

programming agreement for multiple Disney and ESPN networks and services,

including the Disney and ESPN broadband products ABC News Now, Disney

Connection, ESPN360, & Movies.com; the hispanic television channels ESPN

Deportes and Toon Disney en Espanol; VOD content for On Demand services

from ABC Family, ABC News Now, Disney Channel, ESPN, ESPN Deportes,

ESPNU, Jetix, Radio Disney TV, SOAPnet and Toon Disney; Buena Vista Pay

Television; & ESPN Pay-Per-View.

October 9, 2005

Disney Channel’s primetime premiere of its Playhouse Disney series for pre-

schoolers, Disney’s

Little Einsteins

is the highest rated Playhouse Disney series

premiere ever. It is also the highest rated Playhouse Disney primetime event in

5 years among the targeted Kids 2-5 demographic.

October 12, 2005

The Walt Disney Company and Apple announce they are offering current and

past season episodes of ABC and Disney Channel television shows for pur-

chase on Apple’s iTunes Music Store. The companies start with ﬁve shows,

including ABC’s

Desperate Housewives

and

Lost

, as well as the ABC drama

Night Stalker

, and two Disney Channel shows,

That’s So Raven

and

The Suite

Life of Zack & Cody.

October 19, 2005

The Walt Disney Internet Group acquires top European mobile game developer

and publisher, Living Mobile, the company’s ﬁrst in-house mobile game devel-

opment studio.

MEDIA NETWORKS > KEY DATES

Fact Book 2005

OPERATIONS

November 2, 2005

ESPN, ABC Sports and ESPN2 announce they will provide exclusive English-

language telecasts of the FIFA World CupTM and the FIFA Women’s World Cup

for another eight years as part of a United States broadcast rights agreement

with the Fédération Internationale de Football Association.

November 3, 2005

ABC’s Good Morning America

celebrates its 30th anniversary.

December 7, 2005

ABC Sports and ESPN sign eight-year, content-rich deal with NASCAR to cover

the 17 race Nextel Cup schedule, as well as the entire Busch series.

December 13, 2005

ABC receives 16 Golden Globe Award nominations, more than any other broad-

cast network, and seven more nominations than it garnered the previous year.

February 5, 2006

ABC’s football season culminates with

Super Bowl XL

, airing from Ford Field in

Detroit, Michigan.

MEDIA NETWORKS > KEY DATES

Fact Book 2005

OPERATIONS

Toon Disney

is currently available in over 50 million households in the US and

is also available in the UK, France, Spain, Germany, Italy and India.

Radio Disney

covers 97% of the United States via more than 50 terrestrial sta-

tions that include 18 of the top 20 DMAs, XM and Sirius satellite radio and on

digital cable and satellite TV music provider, Music Choice.

Radio Disney

logs 5

million telephone calls from listeners each month.

Radio Disney

can be heard throughout the world in Japan, the UK, Poland,

Argentina, Paraguay, Guatemala, Uruguay, and the Dominican Republic.

During the 2004 / 2005 television season,

ABC

’s primetime ratings were up

more than those of any other broadcast network. Growing 16 percent in its tar-

geted demographic of adults 18 – 49,

ABC

marked the biggest season-to-season

audience increase for any major network in the last 25 years.

In Fall 2005,

ABC

became the ﬁrst English-language broadcast network to

provide all regular primetime entertainment programming in Spanish via a

combination of closed-captioning and dubbing.

In August of 2005, the X Games were televised live on

ESPN

International to

75 countries through its afﬁliated networks in Canada, Brazil, Israel, the Middle

East, Africa, Australia, and more.

Disney Channel

distributes approximately 100 Disney-branded blocks of

programming in more than 70 countries reaching over 600 million television

viewers.

MEDIA NETWORKS > FAST FACTS

Fact Book 2005

OPERATIONS

Jetix

programming reaches more than 140 million households in 79 countries

and in 18 languages. In Latin America,

Jetix

reaches 14 million households in

19 countries.

Jetix

Europe is broadcast in 57 countries to more than 34 million

households, in 17 languages, across Europe and the Middle East, including the

United Kingdom, Spain, France, Germany, Italy, Scandinavia, Poland, Hungary,

Israel and the Netherlands, among others.

Lifetime Television, Lifetime Movie Network, Lifetime Real Women, Lifetime

Radio for Women, Lifetime Home Entertainment

and

Lifetime Online

are part

Lifetime Entertainment

Services, a joint venture of The Walt Disney Com-

pany and the Hearst Corporation.

Lifetime Television

reaches more than 90 mil-

lion homes, with

Lifetime Movie Network

reaching an audience of 46 million.

A&E Network

is currently in nearly 90 million homes, while

The Biography

Channel

reaches an audience of more than 35 million. As well,

The History

Channel

is available in more than 89 million homes.

E! Entertainment Television

is available in 87 million homes in the U.S. and

reaches 300 million homes in 120 countries worldwide.

The Style Network

has

41 million subscribers.

ESPN International

reaches sports fans on all seven continents: an Argentine

navel facility on Antarctica subscribes to

ESPN International

television pro-

gramming.

ESPN Radio

provides more than 9,000 hours of programming annually to

nearly 700 stations, and one of every two sports radio listeners listen to an

ESPN Radio

afﬁliate.

ABC Radio Networks

reaches over 100 million listeners each week. One out of

every three adults listens to

ABC Radio Networks

each week.

MEDIA NETWORKS > FAST FACTS

Fact Book 2005

OPERATIONS

SOAPnet

is the ﬁrst and only cable channel dedicated to soap operas and their

fans and is available in more than 44 million homes, making it one of the fast-

est growing basic cable networks year to year in terms of growth.

When

Buena Vista International Television

launched

Desperate Housewives

Australia in January, it ranked as the number-one program for the night, and

was the most watched new drama program in the country’s history, delivering

a 21.7% share for people 18-49. The premiere of

Lost

was the second biggest

debut for an acquired series in Australian history (after

Desperate Housewives

ABC

’s Lost took home two Emmy® Awards at the

57th Annual Primetime

Emmy Awards

in Los Angeles: Outstanding Drama Series and Outstanding

Directing for a Drama Series. In the Comedy category,

Desperate Housewives

’

Felicity Huffman was named Outstanding Actress and the show also earned

Charles McDougall an Emmy for Comedy Series Directing.

Lost

director J.J.

Abrams earned an Emmy for Outstanding Drama Directing.

Buena Vista Television

’s

The Amazing Race

won an Emmy Award in the Reality-

Competition category, a third-straight Emmy award in that category.

On July 10th,

Lost

launched in Russia on Channel 1, where it dominated its

timeslot, as the highest-rated performance of any US movie or series in Russia

in 2005 to date.

ESPNsoccernet.com

attracts users from over 100 countries. The site is split

into ﬁve different versions to best serve this diverse audience, including UK

and Europe, North America, Asia, and Australia. During the 2004-05 football

season,

ESPNsoccernet.com

drew 21 million unique users and delivered

over one billion page views to them as they visited the site over 141 million

times collectively.

MEDIA NETWORKS > FAST FACTS

Fact Book 2005

OPERATIONS

Disney Mobile

in Japan offers a portfolio of 6,000 individual products in over 20

categories on 4 major carriers (NTT DoCoMo, J-Phone, KDDI and DDI-Product).

In 2005,

Disney Mobile

struck deals covering 20 International markets (some

markets have multiple distribution channels) including: Austria, Belgium,

Canada, China, Denmark, France, Germany, Hong Kong, Italy, Japan, Nether-

lands, New Zealand, Philippines, Portugal, Singapore, South Korea, Switzer-

land, Taiwan, the UK, and the United States.

Some of the many technology “ﬁrsts”

Walt Disney Internet Group

has

achieved over the years include:

-First Web property to serve over one million pages in its ﬁrst year (1995)

-First Internet publishing system (1995)

-First Internet authentication/registration system (1996)

-First dynamic content architecture system (1996)

-First Internet infrastructure management systems (1997)

-First massively multiplayer online game for kids and families (2002)

-First cached video delivery system (2003)

To highlight the brand strength of

ESPN

, to date, 23

ESPN

fans have named

their babies Espn.

ESPN

features a broad portfolio of multimedia sports assets with over 50

business entities including seven domestic television networks (

ESPN, ESPN2,

ESPN Classic, ESPNEWS, ESPN Deportes, ESPNU, ESPN Today

ESPN HD

and

ESPN2 HD

(high-deﬁnition simulcast services of

ESPN

and

ESPN2

, respective-

ly),

ESPN Regional Television, ESPN International

(29 international networks

and syndication),

ESPN Radio, ESPN.com, ESPN The Magazine, SportsTicker,

ESPN Enterprises, ESPN Zones

(sports-themed restaurants), and other grow-

ing new businesses including

ESPN 360

(broadband),

Mobile ESPN

(wireless),

ESPN On Demand, ESPN Interactive

and

ESPN PPV.

MEDIA NETWORKS > FAST FACTS

Fact Book 2005

OPERATIONS

ESPN

offers more than 5,100 live and/or original hours of sports programming

annually and more than 65 sports including MLB, NBA, NFL, NASCAR, WNBA,

college football, men’s and women’s college basketball, including every game

of the women’s basketball tournament, tennis, PGA and LPGA Tour golf, Little

League World Series, the X Games and the Great Outdoor Games.

ESPN2

, launched Oct. 1, 1993, reached 50, 60, 65, 70, 75 and 80 million homes

faster than any network previously.

ESPN International

has 29 networks, reaching 192 countries and territories

including

ESPN

(Latin America),

ESPN Brasil, ESPN+, ESPN Dos

(Mexico);

TSN,

RDS, ESPN Classic Canada, NHL Network, Animal Planet

Discovery Channel,

Discovery Civilization, Le Réseau Info-Sports

(Canada);

ESPN Asia, ESPN India,

ESPN Taiwan, ESPN Hong Kong, Star Sports Asia, Star Sports India,

Star Sports South East Asia, Star Sports Hong Kong, MBA-ESPN Sports

(Korea);

J Sports Broadcasting Corporation

(Japan),

ESPN

(Australia),

ESPN

(New Zealand);

Orbit ESPN Sports, ESPN

(Africa),

ESPN Israel

;

ESPN Classic

Sport

(France),

ESPN Classic Sport

(Italy), and

ESPN Classic Sport

(English-

language feed).

ESPN

can be found throughout the world in 12 languages including Arabic,

Cantonese, English, French, German, Hindi, Italian, Japanese, Korean, Manda-

rin, Portuguese, and Spanish.

ESPN.com

is the leading sports Website, averaging more than 15 million

unique users per month, more than any other sports Website, according to

comScore Media Metrix.

MEDIA NETWORKS > FAST FACTS

Fact Book 2005

OPERATIONS

ABC TV Stations

New York

Los Angeles

Chicago

Philadelphia

San Francisco

Houston

Raleigh-Durham

Fresno

Flint

Toledo

ABC Owned Radio Stations

WABC / Channel 7

KABC / Channel 7

WLS / Channel 7

WPVI / Channel 6

KGO / Channel 7

KTRK / Channel 13

WTVD / Channel 11

KFSN / Channel 30

WJRT / Channel 12

WTVG / Channel 13

MEDIA NETWORKS > DATA

New York, NY

Los Angeles, CA

Chicago, IL

San Francisco, CA

Dallas, TX

Philadelphia, PA

Houston, TX

Washington DC

Detroit, MI

Atlanta, GA

Boston, MA

Miami, FL

Seattle, WA

Phoenix, AZ

Minneapolis, MN

Tampa, FL

St. Louis, MO

Denver, CO

Pittsburgh, PA

Portland, OR

Cleveland, OH

Sacramento, CA

Kansas City, MO

San Antonio, TX

Salt Lake City, UT

Milwaukee, WI

Charlotte, NC

Providence, RI

Orlando, FL

Norfolk, VA

Indianapolis, IN

Greensboro, NC

W. Palm Beach, FL

New Orleans, LA

Jacksonville, FL

Hartford, CT

Louisville, KY

Richmond, VA

Albany, NY

Tulsa, OK (Dark)

Albuquerque, NM

Little Rock, AR

Wichita, KA

Flint, MI

+ These 3 stations are triplecast as a single station

WABC-AM

WPLJ-FM

WEPN-AM

KABC-AM

KSPN-AM

KDIS-AM

KLOS-FM

WLS-AM

WMVP-AM

WRDZ-AM

WZZN-FM

KGO-AM

KSFO-AM

KMKY-AM

WBAP-AM

KMKI-AM

KTYS-FM

KSCS-FM

KESN-FM

WWJZ-AM

KMIC-AM

WMAL-AM

WRQX-FM

WJZW-FM

WJR-AM

WDVD-FM

WDRQ-FM

WDWD-AM

WKHX-FM

WYAY-FM

WMKI-AM

WMYM-AM

KKDZ-AM

KMIK-AM

KDIZ-AM

KQRS-FM

KXXR-FM

WGVX-FM

WGVY-FM

WGVZ-FM

WWMI-AM

WSDZ-AM

KDDZ-AM

WEAE-AM

KDZR-AM

KKSL-AM

WWMK-AM

KIID-AM

KPHN-AM

KRDY-AM

KWDZ-AM

WKSH-AM

WGFY-AM

WDDZ-AM

WDYZ-AM

WHKT-AM

WPMH-AM

WRDZ-FM

WCOG-AM

WMNE-AM

WBYU-AM

WBWL-AM

WDZK-AM

WDRD-AM

WDZY-AM

WDDY-AM

KMUS-AM

KALY-AM

KDIS-FM

KQAM-AM

WFDF-AM

N/T

Hot Adult Contemporary

Sports / Sports Talk

N/T

ESPN

Radio Disney

Classic Rock

N/T

ESPN

Radio Disney

80’s

N/T

N/T Conservative

Radio Disney

N/T

Radio Disney

Country

ESPN

Radio Disney

N/T

Hot Adult Contemporary

N/T

Hot Adult Contemporary

Contemporary Hit

Radio Disney

Country

Radio Disney

Classic Rock

Hard Active Rock

Adult Contemporary

Radio Disney

ESPN

Radio Disney

Christian Talk

Radio Disney

770

Market

Station

Format

No.

95.5

1050

790

1110

95.5

890

1000

1300

94.7

810

560

1310

820

620

96.7

96.3

103.3

640

1590

630

107.3

105.9

760

96.3

93.1

590

101.5

106.7

1260

990

1250

1580

1440

92.5

93.7

105.1+

105.3+

105.7+

1380

1260

1690

1250

1640

1290

1260

1470

1190

1160

910

1640

1480

550

990

1650

670

98.3

1320

1600

1450

600

1550

680

1290

1460

1560

1240

99.5

1480

910

Fact Book 2005

OPERATIONS

ABC Owned Radio Stations

MEDIA NETWORKS > DATA

New York, NY

Los Angeles, CA

Chicago, IL

San Francisco, CA

Dallas, TX

Philadelphia, PA

Houston, TX

Washington DC

Detroit, MI

Atlanta, GA

Boston, MA

Miami, FL

Seattle, WA

Phoenix, AZ

Minneapolis, MN

Tampa, FL

St. Louis, MO

Denver, CO

Pittsburgh, PA

Portland, OR

Cleveland, OH

Sacramento, CA

Kansas City, MO

San Antonio, TX

Salt Lake City, UT

Milwaukee, WI

Charlotte, NC

Providence, RI

Orlando, FL

Norfolk, VA

Indianapolis, IN

Greensboro, NC

W. Palm Beach, FL

New Orleans, LA

Jacksonville, FL

Hartford, CT

Louisville, KY

Richmond, VA

Albany, NY

Tulsa, OK (Dark)

Albuquerque, NM

Little Rock, AR

Wichita, KA

Flint, MI

+ These 3 stations are triplecast as a single station

WABC-AM

WPLJ-FM

WEPN-AM

KABC-AM

KSPN-AM

KDIS-AM

KLOS-FM

WLS-AM

WMVP-AM

WRDZ-AM

WZZN-FM

KGO-AM

KSFO-AM

KMKY-AM

WBAP-AM

KMKI-AM

KTYS-FM

KSCS-FM

KESN-FM

WWJZ-AM

KMIC-AM

WMAL-AM

WRQX-FM

WJZW-FM

WJR-AM

WDVD-FM

WDRQ-FM

WDWD-AM

WKHX-FM

WYAY-FM

WMKI-AM

WMYM-AM

KKDZ-AM

KMIK-AM

KDIZ-AM

KQRS-FM

KXXR-FM

WGVX-FM

WGVY-FM

WGVZ-FM

WWMI-AM

WSDZ-AM

KDDZ-AM

WEAE-AM

KDZR-AM

KKSL-AM

WWMK-AM

KIID-AM

KPHN-AM

KRDY-AM

KWDZ-AM

WKSH-AM

WGFY-AM

WDDZ-AM

WDYZ-AM

WHKT-AM

WPMH-AM

WRDZ-FM

WCOG-AM

WMNE-AM

WBYU-AM

WBWL-AM

WDZK-AM

WDRD-AM

WDZY-AM

WDDY-AM

KMUS-AM

KALY-AM

KDIS-FM

KQAM-AM

WFDF-AM

N/T

Hot Adult Contemporary

Sports / Sports Talk

N/T

ESPN

Radio Disney

Classic Rock

N/T

ESPN

Radio Disney

80’s

N/T

N/T Conservative

Radio Disney

N/T

Radio Disney

Country

ESPN

Radio Disney

N/T

Hot Adult Contemporary

N/T

Hot Adult Contemporary

Contemporary Hit

Radio Disney

Country

Radio Disney

Classic Rock

Hard Active Rock

Adult Contemporary

Radio Disney

ESPN

Radio Disney

Christian Talk

Radio Disney

770

Market

Station

Format

No.

95.5

1050

790

1110

95.5

890

1000

1300

94.7

810

560

1310

820

620

96.7

96.3

103.3

640

1590

630

107.3

105.9

760

96.3

93.1

590

101.5

106.7

1260

990

1250

1580

1440

92.5

93.7

105.1+

105.3+

105.7+

1380

1260

1690

1250

1640

1290

1260

1470

1190

1160

910

1640

1480

550

990

1650

670

98.3

1320

1600

1450

600

1550

680

1290

1460

1560

1240

99.5

1480

910

New York, NY

Los Angeles, CA

Chicago, IL

San Francisco, CA

Dallas, TX

Philadelphia, PA

Houston, TX

Washington DC

Detroit, MI

Atlanta, GA

Boston, MA

Miami, FL

Seattle, WA

Phoenix, AZ

Minneapolis, MN

Tampa, FL

St. Louis, MO

Denver, CO

Pittsburgh, PA

Portland, OR

Cleveland, OH

Sacramento, CA

Kansas City, MO

San Antonio, TX

Salt Lake City, UT

Milwaukee, WI

Charlotte, NC

Providence, RI

Orlando, FL

Norfolk, VA

Indianapolis, IN

Greensboro, NC

W. Palm Beach, FL

New Orleans, LA

Jacksonville, FL

Hartford, CT

Louisville, KY

Richmond, VA

Albany, NY

Tulsa, OK (Dark)

Albuquerque, NM

Little Rock, AR

Wichita, KA

Flint, MI

+ These 3 stations are triplecast as a single station

WABC-AM

WPLJ-FM

WEPN-AM

KABC-AM

KSPN-AM

KDIS-AM

KLOS-FM

WLS-AM

WMVP-AM

WRDZ-AM

WZZN-FM

KGO-AM

KSFO-AM

KMKY-AM

WBAP-AM

KMKI-AM

KTYS-FM

KSCS-FM

KESN-FM

WWJZ-AM

KMIC-AM

WMAL-AM

WRQX-FM

WJZW-FM

WJR-AM

WDVD-FM

WDRQ-FM

WDWD-AM

WKHX-FM

WYAY-FM

WMKI-AM

WMYM-AM

KKDZ-AM

KMIK-AM

KDIZ-AM

KQRS-FM

KXXR-FM

WGVX-FM

WGVY-FM

WGVZ-FM

WWMI-AM

WSDZ-AM

KDDZ-AM

WEAE-AM

KDZR-AM

KKSL-AM

WWMK-AM

KIID-AM

KPHN-AM

KRDY-AM

KWDZ-AM

WKSH-AM

WGFY-AM

WDDZ-AM

WDYZ-AM

WHKT-AM

WPMH-AM

WRDZ-FM

WCOG-AM

WMNE-AM

WBYU-AM

WBWL-AM

WDZK-AM

WDRD-AM

WDZY-AM

WDDY-AM

KMUS-AM

KALY-AM

KDIS-FM

KQAM-AM

WFDF-AM

N/T

Hot Adult Contemporary

Sports / Sports Talk

N/T

ESPN

Radio Disney

Classic Rock

N/T

ESPN

Radio Disney

80’s

N/T

N/T Conservative

Radio Disney

N/T

Radio Disney

Country

ESPN

Radio Disney

N/T

Hot Adult Contemporary

N/T

Hot Adult Contemporary

Contemporary Hit

Radio Disney

Country

Radio Disney

Classic Rock

Hard Active Rock

Adult Contemporary

Radio Disney

ESPN

Radio Disney

Christian Talk

Radio Disney

770

Market

Station

Format

No.

95.5

1050

790

1110

95.5

890

1000

1300

94.7

810

560

1310

820

620

96.7

96.3

103.3

640

1590

630

107.3

105.9

760

96.3

93.1

590

101.5

106.7

1260

990

1250

1580

1440

92.5

93.7

105.1+

105.3+

105.7+

1380

1260

1690

1250

1640

1290

1260

1470

1190

1160

910

1640

1480

550

990

1650

670

98.3

1320

1600

1450

600

1550

680

1290

1460

1560

1240

99.5

1480

910

Fact Book 2005

OPERATIONS

ABC Owned Radio Stations

MEDIA NETWORKS > DATA

New York, NY

Los Angeles, CA

Chicago, IL

San Francisco, CA

Dallas, TX

Philadelphia, PA

Houston, TX

Washington DC

Detroit, MI

Atlanta, GA

Boston, MA

Miami, FL

Seattle, WA

Phoenix, AZ

Minneapolis, MN

Tampa, FL

St. Louis, MO

Denver, CO

Pittsburgh, PA

Portland, OR

Cleveland, OH

Sacramento, CA

Kansas City, MO

San Antonio, TX

Salt Lake City, UT

Milwaukee, WI

Charlotte, NC

Providence, RI

Orlando, FL

Norfolk, VA

Indianapolis, IN

Greensboro, NC

W. Palm Beach, FL

New Orleans, LA

Jacksonville, FL

Hartford, CT

Louisville, KY

Richmond, VA

Albany, NY

Tulsa, OK (Dark)

Albuquerque, NM

Little Rock, AR

Wichita, KA

Flint, MI

+ These 3 stations are triplecast as a single station

WABC-AM

WPLJ-FM

WEPN-AM

KABC-AM

KSPN-AM

KDIS-AM

KLOS-FM

WLS-AM

WMVP-AM

WRDZ-AM

WZZN-FM

KGO-AM

KSFO-AM

KMKY-AM

WBAP-AM

KMKI-AM

KTYS-FM

KSCS-FM

KESN-FM

WWJZ-AM

KMIC-AM

WMAL-AM

WRQX-FM

WJZW-FM

WJR-AM

WDVD-FM

WDRQ-FM

WDWD-AM

WKHX-FM

WYAY-FM

WMKI-AM

WMYM-AM

KKDZ-AM

KMIK-AM

KDIZ-AM

KQRS-FM

KXXR-FM

WGVX-FM

WGVY-FM

WGVZ-FM

WWMI-AM

WSDZ-AM

KDDZ-AM

WEAE-AM

KDZR-AM

KKSL-AM

WWMK-AM

KIID-AM

KPHN-AM

KRDY-AM

KWDZ-AM

WKSH-AM

WGFY-AM

WDDZ-AM

WDYZ-AM

WHKT-AM

WPMH-AM

WRDZ-FM

WCOG-AM

WMNE-AM

WBYU-AM

WBWL-AM

WDZK-AM

WDRD-AM

WDZY-AM

WDDY-AM

KMUS-AM

KALY-AM

KDIS-FM

KQAM-AM

WFDF-AM

N/T

Hot Adult Contemporary

Sports / Sports Talk

N/T

ESPN

Radio Disney

Classic Rock

N/T

ESPN

Radio Disney

80’s

N/T

N/T Conservative

Radio Disney

N/T

Radio Disney

Country

ESPN

Radio Disney

N/T

Hot Adult Contemporary

N/T

Hot Adult Contemporary

Contemporary Hit

Radio Disney

Country

Radio Disney

Classic Rock

Hard Active Rock

Adult Contemporary

Radio Disney

ESPN

Radio Disney

Christian Talk

Radio Disney

770

Market

Station

Format

No.

95.5

1050

790

1110

95.5

890

1000

1300

94.7

810

560

1310

820

620

96.7

96.3

103.3

640

1590

630

107.3

105.9

760

96.3

93.1

590

101.5

106.7

1260

990

1250

1580

1440

92.5

93.7

105.1+

105.3+

105.7+

1380

1260

1690

1250

1640

1290

1260

1470

1190

1160

910

1640

1480

550

990

1650

670

98.3

1320

1600

1450

600

1550

680

1290

1460

1560

1240

99.5

1480

910

New York, NY

Los Angeles, CA

Chicago, IL

San Francisco, CA

Dallas, TX

Philadelphia, PA

Houston, TX

Washington DC

Detroit, MI

Atlanta, GA

Boston, MA

Miami, FL

Seattle, WA

Phoenix, AZ

Minneapolis, MN

Tampa, FL

St. Louis, MO

Denver, CO

Pittsburgh, PA

Portland, OR

Cleveland, OH

Sacramento, CA

Kansas City, MO

San Antonio, TX

Salt Lake City, UT

Milwaukee, WI

Charlotte, NC

Providence, RI

Orlando, FL

Norfolk, VA

Indianapolis, IN

Greensboro, NC

W. Palm Beach, FL

New Orleans, LA

Jacksonville, FL

Hartford, CT

Louisville, KY

Richmond, VA

Albany, NY

Tulsa, OK (Dark)

Albuquerque, NM

Little Rock, AR

Wichita, KA

Flint, MI

+ These 3 stations are triplecast as a single station

WABC-AM

WPLJ-FM

WEPN-AM

KABC-AM

KSPN-AM

KDIS-AM

KLOS-FM

WLS-AM

WMVP-AM

WRDZ-AM

WZZN-FM

KGO-AM

KSFO-AM

KMKY-AM

WBAP-AM

KMKI-AM

KTYS-FM

KSCS-FM

KESN-FM

WWJZ-AM

KMIC-AM

WMAL-AM

WRQX-FM

WJZW-FM

WJR-AM

WDVD-FM

WDRQ-FM

WDWD-AM

WKHX-FM

WYAY-FM

WMKI-AM

WMYM-AM

KKDZ-AM

KMIK-AM

KDIZ-AM

KQRS-FM

KXXR-FM

WGVX-FM

WGVY-FM

WGVZ-FM

WWMI-AM

WSDZ-AM

KDDZ-AM

WEAE-AM

KDZR-AM

KKSL-AM

WWMK-AM

KIID-AM

KPHN-AM

KRDY-AM

KWDZ-AM

WKSH-AM

WGFY-AM

WDDZ-AM

WDYZ-AM

WHKT-AM

WPMH-AM

WRDZ-FM

WCOG-AM

WMNE-AM

WBYU-AM

WBWL-AM

WDZK-AM

WDRD-AM

WDZY-AM

WDDY-AM

KMUS-AM

KALY-AM

KDIS-FM

KQAM-AM

WFDF-AM

N/T

Hot Adult Contemporary

Sports / Sports Talk

N/T

ESPN

Radio Disney

Classic Rock

N/T

ESPN

Radio Disney

80’s

N/T

N/T Conservative

Radio Disney

N/T

Radio Disney

Country

ESPN

Radio Disney

N/T

Hot Adult Contemporary

N/T

Hot Adult Contemporary

Contemporary Hit

Radio Disney

Country

Radio Disney

Classic Rock

Hard Active Rock

Adult Contemporary

Radio Disney

ESPN

Radio Disney

Christian Talk

Radio Disney

770

Market

Station

Format

No.

95.5

1050

790

1110

95.5

890

1000

1300

94.7

810

560

1310

820

620

96.7

96.3

103.3

640

1590

630

107.3

105.9

760

96.3

93.1

590

101.5

106.7

1260

990

1250

1580

1440

92.5

93.7

105.1+

105.3+

105.7+

1380

1260

1690

1250

1640

1290

1260

1470

1190

1160

910

1640

1480

550

990

1650

670

98.3

1320

1600

1450

600

1550

680

1290

1460

1560

1240

99.5

1480

910

Fact Book 2005

OPERATIONS

Taiwan

Germany

France

Asia

Spain

Australia

Latin America & Brazil

Italy

Middle East

Portugal

Scandinavia

Japan

Int’l Total

Worldwide Total

86.6

4.9

5.2

2.3

1.8

3.1

1.6

1.8

10.5

2.9

0.2

0.3

2.5

2.4

42.4

129

84.7

5.1

2.1

1.8

2.5

1.5

1.6

6.0

2.3

0.2

0.3

0.5

2.1

31.1

115.8

Territory

FY05

FY04

(in Millions)

CABLE SUBSCRIBERS > The Disney Channel

Territory

FY05

FY04

(in Millions)

CABLE SUBSCRIBERS > ABC Family

Territory

FY05

FY04

(in Millions)

CABLE SUBSCRIBERS > ESPN

Territory

FY05

FY04

(in Millions)

CABLE SUBSCRIBERS > Other Cable Properties

ESPN

ESPN2

ESPN International

ESPN Classic

ESPNEWS

90.3

89.4

194.0

58.3

45.5

89.4

88.1

170.0

55.5

43.2

ABC Family

Fox Kids Europe

Fox Kids Latin America

88.6

41.6

12.1

87.9

37.6

10.9

A&E Channel

Lifetime Channel

The History Channel

E! Entertainment

A&E Int’l

Toon Disney

Lifetime Movie Channel

SOAPnet

style.

Biography

History Int’l

89.3

89.2

88.5

86.6

59.9

50.0

45.6

43.6

41.5

35.2

29.1

88.4

87.3

85.0

52.0

47.6

43.1

39.4

37.8

23.4

23.2

MEDIA NETWORKS > DATA

Taiwan

Germany

France

Asia

Spain

Australia

Latin America & Brazil

Italy

Middle East

Portugal

Scandinavia

Japan

Int’l Total

Worldwide Total

86.6

4.9

5.2

2.3

1.8

3.1

1.6

1.8

10.5

2.9

0.2

0.3

2.5

2.4

42.4

129

84.7

5.1

2.1

1.8

2.5

1.5

1.6

6.0

2.3

0.2

0.3

0.5

2.1

31.1

115.8

Territory

FY05

FY04

(in Millions)

CABLE SUBSCRIBERS > The Disney Channel

Territory

FY05

FY04

(in Millions)

CABLE SUBSCRIBERS > ABC Family

Territory

FY05

FY04

(in Millions)

CABLE SUBSCRIBERS > ESPN

Territory

FY05

FY04

(in Millions)

CABLE SUBSCRIBERS > Other Cable Properties

ESPN

ESPN2

ESPN International

ESPN Classic

ESPNEWS

90.3

89.4

194.0

58.3

45.5

89.4

88.1

170.0

55.5

43.2

ABC Family

Fox Kids Europe

Fox Kids Latin America

88.6

41.6

12.1

87.9

37.6

10.9

A&E Channel

Lifetime Channel

The History Channel

E! Entertainment

A&E Int’l

Toon Disney

Lifetime Movie Channel

SOAPnet

style.

Biography

History Int’l

89.3

89.2

88.5

86.6

59.9

50.0

45.6

43.6

41.5

35.2

29.1

88.4

87.3

85.0

52.0

47.6

43.1

39.4

37.8

23.4

23.2

Fact Book 2005

OPERATIONS

Taiwan

Germany

France

Asia

Spain

Australia

Latin America & Brazil

Italy

Middle East

Portugal

Scandinavia

Japan

Int’l Total

Worldwide Total

86.6

4.9

5.2

2.3

1.8

3.1

1.6

1.8

10.5

2.9

0.2

0.3

2.5

2.4

42.4

129

84.7

5.1

2.1

1.8

2.5

1.5

1.6

6.0

2.3

0.2

0.3

0.5

2.1

31.1

115.8

Territory

FY05

FY04

(in Millions)

CABLE SUBSCRIBERS > The Disney Channel

Territory

FY05

FY04

(in Millions)

CABLE SUBSCRIBERS > ABC Family

Territory

FY05

FY04

(in Millions)

CABLE SUBSCRIBERS > ESPN

Territory

FY05

FY04

(in Millions)

CABLE SUBSCRIBERS > Other Cable Properties

ESPN

ESPN2

ESPN International

ESPN Classic

ESPNEWS

90.3

89.4

194.0

58.3

45.5

89.4

88.1

170.0

55.5

43.2

ABC Family

Fox Kids Europe

Fox Kids Latin America

88.6

41.6

12.1

87.9

37.6

10.9

A&E Channel

Lifetime Channel

The History Channel

E! Entertainment

A&E Int’l

Toon Disney

Lifetime Movie Channel

SOAPnet

style.

Biography

History Int’l

89.3

89.2

88.5

86.6

59.9

50.0

45.6

43.6

41.5

35.2

29.1

88.4

87.3

85.0

52.0

47.6

43.1

39.4

37.8

23.4

23.2

MEDIA NETWORKS > DATA

Taiwan

Germany

France

Asia

Spain

Australia

Latin America & Brazil

Italy

Middle East

Portugal

Scandinavia

Japan

Int’l Total

Worldwide Total

86.6

4.9

5.2

2.3

1.8

3.1

1.6

1.8

10.5

2.9

0.2

0.3

2.5

2.4

42.4

129

84.7

5.1

2.1

1.8

2.5

1.5

1.6

6.0

2.3

0.2

0.3

0.5

2.1

31.1

115.8

Territory

FY05

FY04

(in Millions)

CABLE SUBSCRIBERS > The Disney Channel

Territory

FY05

FY04

(in Millions)

CABLE SUBSCRIBERS > ABC Family

Territory

FY05

FY04

(in Millions)

CABLE SUBSCRIBERS > ESPN

Territory

FY05

FY04

(in Millions)

CABLE SUBSCRIBERS > Other Cable Properties

ESPN

ESPN2

ESPN International

ESPN Classic

ESPNEWS

90.3

89.4

194.0

58.3

45.5

89.4

88.1

170.0

55.5

43.2

ABC Family

Fox Kids Europe

Fox Kids Latin America

88.6

41.6

12.1

87.9

37.6

10.9

A&E Channel

Lifetime Channel

The History Channel

E! Entertainment

A&E Int’l

Toon Disney

Lifetime Movie Channel

SOAPnet

style.

Biography

History Int’l

89.3

89.2

88.5

86.6

59.9

50.0

45.6

43.6

41.5

35.2

29.1

88.4

87.3

85.0

52.0

47.6

43.1

39.4

37.8

23.4

23.2

Fact Book 2005

OPERATIONS

ESPN INTERNATIONAL

- Network Breakdown by Region (with original launch date)

Latin America

Canada

Asia

MEDIA NETWORKS > DATA

ESPN (Latin America)

ESPN Brasil

ESPN +

ESPN2

1989

1995

2002

1996

TSN

RDS

Discovery Channel

Discovery Civilization

Animal Planet

ESPN Classic Canada

NHL Network

RIS

1984

1989

1994

2001

2004

ESPN Asia

ESPN India

ESPN Taiwan

ESPN Hong Kong

Star Sports Asia

Star Sports India

Star Sports Hong Kong

Star Sports South East Asia

MBC-ESPN Sports (Korea)

1992

1995

1998

2004

1991

2004

2001

ESPN (Australia)

J Sports Broadcasting Corporation (Japan)

ESPN (New Zealand)

1990

1995

1990

ESPN Classic Sport (France)

ESPN Classic Sport (Italy)

ESPN Classic Sport (English Feed)

2002

2003

Orbit ESPN Sports

ESPN (Africa)

ESPN (Israel)

1994

2000

ESPN (Latin America)

ESPN Brasil

ESPN +

ESPN2

1989

1995

2002

1996

TSN

RDS

Discovery Channel

Discovery Civilization

Animal Planet

ESPN Classic Canada

NHL Network

RIS

1984

1989

1994

2001

2004

ESPN Asia

ESPN India

ESPN Taiwan

ESPN Hong Kong

Star Sports Asia

Star Sports India

Star Sports Hong Kong

Star Sports South East Asia

MBC-ESPN Sports (Korea)

1992

1995

1998

2004

1991

2004

2001

ESPN (Australia)

J Sports Broadcasting Corporation (Japan)

ESPN (New Zealand)

1990

1995

1990

ESPN Classic Sport (France)

ESPN Classic Sport (Italy)

ESPN Classic Sport (English Feed)

2002

2003

Orbit ESPN Sports

ESPN (Africa)

ESPN (Israel)

1994

2000

ESPN (Latin America)

ESPN Brasil

ESPN +

ESPN2

1989

1995

2002

1996

TSN

RDS

Discovery Channel

Discovery Civilization

Animal Planet

ESPN Classic Canada

NHL Network

RIS

1984

1989

1994

2001

2004

ESPN Asia

ESPN India

ESPN Taiwan

ESPN Hong Kong

Star Sports Asia

Star Sports India

Star Sports Hong Kong

Star Sports South East Asia

MBC-ESPN Sports (Korea)

1992

1995

1998

2004

1991

2004

2001

ESPN (Australia)

J Sports Broadcasting Corporation (Japan)

ESPN (New Zealand)

1990

1995

1990

ESPN Classic Sport (France)

ESPN Classic Sport (Italy)

ESPN Classic Sport (English Feed)

2002

2003

Orbit ESPN Sports

ESPN (Africa)

ESPN (Israel)

1994

2000

Fact Book 2005

OPERATIONS

ESPN INTERNATIONAL

- Network Breakdown by Region (with original launch date)

Paciﬁc Rim

Europe

Africa/Middle East

DISNEY CHANNEL INTERNATIONAL

- Network Breakdown by Region (with original launch date)

Latin America

Asia

MEDIA NETWORKS > DATA

ESPN (Latin America)

ESPN Brasil

ESPN +

ESPN2

1989

1995

2002

1996

TSN

RDS

Discovery Channel

Discovery Civilization

Animal Planet

ESPN Classic Canada

NHL Network

RIS

1984

1989

1994

2001

2004

ESPN Asia

ESPN India

ESPN Taiwan

ESPN Hong Kong

Star Sports Asia

Star Sports India

Star Sports Hong Kong

Star Sports South East Asia

MBC-ESPN Sports (Korea)

1992

1995

1998

2004

1991

2004

2001

ESPN (Australia)

J Sports Broadcasting Corporation (Japan)

ESPN (New Zealand)

1990

1995

1990

ESPN Classic Sport (France)

ESPN Classic Sport (Italy)

ESPN Classic Sport (English Feed)

2002

2003

Orbit ESPN Sports

ESPN (Africa)

ESPN (Israel)

1994

2000

ESPN (Latin America)

ESPN Brasil

ESPN +

ESPN2

1989

1995

2002

1996

TSN

RDS

Discovery Channel

Discovery Civilization

Animal Planet

ESPN Classic Canada

NHL Network

RIS

1984

1989

1994

2001

2004

ESPN Asia

ESPN India

ESPN Taiwan

ESPN Hong Kong

Star Sports Asia

Star Sports India

Star Sports Hong Kong

Star Sports South East Asia

MBC-ESPN Sports (Korea)

1992

1995

1998

2004

1991

2004

2001

ESPN (Australia)

J Sports Broadcasting Corporation (Japan)

ESPN (New Zealand)

1990

1995

1990

ESPN Classic Sport (France)

ESPN Classic Sport (Italy)

ESPN Classic Sport (English Feed)

2002

2003

Orbit ESPN Sports

ESPN (Africa)

ESPN (Israel)

1994

2000

ESPN (Latin America)

ESPN Brasil

ESPN +

ESPN2

1989

1995

2002

1996

TSN

RDS

Discovery Channel

Discovery Civilization

Animal Planet

ESPN Classic Canada

NHL Network

RIS

1984

1989

1994

2001

2004

ESPN Asia

ESPN India

ESPN Taiwan

ESPN Hong Kong

Star Sports Asia

Star Sports India

Star Sports Hong Kong

Star Sports South East Asia

MBC-ESPN Sports (Korea)

1992

1995

1998

2004

1991

2004

2001

ESPN (Australia)

J Sports Broadcasting Corporation (Japan)

ESPN (New Zealand)

1990

1995

1990

ESPN Classic Sport (France)

ESPN Classic Sport (Italy)

ESPN Classic Sport (English Feed)

2002

2003

Orbit ESPN Sports

ESPN (Africa)

ESPN (Israel)

1994

2000

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Fact Book 2005

OPERATIONS

DISNEY CHANNEL INTERNATIONAL

- Network Breakdown by Region (with original launch date)

Paciaﬁc Rim

MEDIA NETWORKS > DATA

��

�

��

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��

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Fact Book 2005

OPERATIONS

Percentage Ownership of Non-Wholly Owned Cable Properties

MEDIA NETWORKS > DATA

ESPN

ESPN2

ESPN Classic

ESPNEWS

JETIX Europe

A&E

The History Channel

The Biography Channel

History International

A&E International

Lifetime Television

Lifetime Movie Network

Lifetime Real Women

E ! Entertainment Television

Style

80.0%

74.4%

37.5%

50%

39.6%

Fact Book 2005

OPERATIONS

STUDIO ENTERTAINMENT > PROFILE

The Studio Entertainment unit is the foundation on which The Walt Disney Company was built, and at its heart are

world-renowned animated features and live-action motion pictures. The Walt Disney Studios distributes motion pic-

tures under the Walt Disney Pictures label (which includes Walt Disney Feature Animation and DisneyToon Studios) as

well as the Touchstone Pictures and Miramax Films banners. Buena Vista International serves as the studio’s interna-

tional motion picture distribution arm. Buena Vista Home Entertainment and Buena Vista Home Entertainment Interna-

tional together distribute Disney and other ﬁlm and television titles to home entertainment markets around the world.

Buena Vista Theatrical Productions is one of the largest producers of Broadway musicals, and the Buena Vista Music

Group distributes original music and motion picture soundtracks under its four record labels: Walt Disney Records,

Buena Vista Records, Hollywood Records, and Lyric Street Records.

Fact Book 2005

OPERATIONS

Theatrical Film Banners

Walt Disney Pictures

Touchstone Pictures

Miramax Films

Distribution Entities

Buena Vista Motion Picture Group

Buena Vista International

Buena Vista Home Entertainment

Buena Vista Home Entertainment International

Buena Vista Music Group

Walt Disney Music Publishing

Walt Disney Records

Buena Vista Records

Hollywood Records

Lyric Street Records

Buena Vista Theatrical Productions

Buena Vista Theatrical Group

Disney Live Family Entertainment

Disney on Ice

Disney Live

disney.com/disneypictures

touchstone.movies.go.com

miramax.com

video.com

disneyvideos.com

bvimovies.com

buenavistalatino.com

disney.com/disneyrecords

buenavistarecords.go.com

hollywoodrecords.com

lyricstreet.com

disneyonbroadway.com

disneyonice.com

disney.com/disneylive

STUDIO ENTERTAINMENT > BUSINESS

Fact Book 2005

OPERATIONS

February 1, 2005

Mulan II,

the sequel to the theatrical hit Mulan, is released on DVD and later

becomes the top-selling direct-to-video family title of 2005.

March 1, 2005

Buena Vista Home Entertainment’s re-release of

Bambi

sells an impressive one

million units in North America on its ﬁrst day of release.

March 4, 2005

The Paciﬁer

is released in theatres, grossing nearly $200 million worldwide.

March 15, 2005

The Incredibles

debuts on DVD and becomes the number one selling DVD title

of the year, and goes on to sell over 25 million copies worldwide.

March 29, 2005

The Walt Disney Studios and Miramax co-chairmen Bob and Harvey Wein-

stein reach a mutual agreement concluding the Weinsteins deal with The Walt

Disney Company. The Walt Disney Studios retain the name “Miramax Films”

and the Miramax and Dimension ﬁlm libraries, while the Weinsteins take the

Dimension label to their new company.

May 12, 2005

Walt Disney Internet Group and Buena Vista Home Entertainment International

launch a test of

MOVIE EXPRESS

, an Internet download service for movies

which is available to the more than 5.9 million subscribers of NTT East and NTT

West’s FLET’S broadband network in Japan, offering roughly 20 Disney and

Touchstone titles for a fee.

STUDIO ENTERTAINMENT > KEY DATES

Fact Book 2005

OPERATIONS

August 16, 2005

Hollywood Record’s artist Hilary Duff releases her third album,

Most Wanted

and enters Billboard’s Top 200 chart at #1, holding that position for 2 weeks.

September 6, 2005

Lost: The Complete First Season

debuts as the number one selling DVD title in

its ﬁrst week and is on track to sell over 1.2 million units in it’s ﬁrst year, making

it the best selling drama series release in the TV on DVD market.

September 9, 2005

Disney on Ice debuts

The Incredibles in a Magic Kingdom Adventure

Orlando, Florida and later tours more than 65 North American cities before

heading overseas.

September 23, 2005

Touchstone Pictures’

Flightplan

starring Jodie Foster opens in theatres and

stays at the #1 spot for two weekends in a row.

October 4, 2005

On DVD for the ﬁrst time ever, the two-disc platinum edition of

Cinderella

makes its debut.

November 4, 2005

Walt Disney Pictures’ ﬁrst CG animated ﬁlm,

Chicken Little

, is released and

available in Disney Digital 3-D in approximately 85 theatres across the US.

November 16, 2005

In 2005, Buena Vista International once again crosses the $1 billion box-ofﬁce

mark, extending its consecutive $1 billion performance streak to eleven years.

STUDIO ENTERTAINMENT > KEY DATES

Fact Book 2005

OPERATIONS

December 7, 2005

The Chronicles of Narnia: The Lion, The Witch and The Wardrobe

premieres

at London’s Royal Albert Hall, with guests of honor Prince Charles and the

Duchess of Cornwall, in an effort to raise money for the Cinema and Television

Benevolent Fund.

December 8, 2005

The Walt Disney Company and Buena Vista Home Entertainment announce

their support of the Blu-ray Disc format and their intent to begin releasing

content non-exclusively in that format when Blu-ray hardware launches in the

North America and Japan.

December 9, 2005

The Chronicles of Narnia: The Lion, The Witch and The Wardrobe

is released in

theatres worldwide to critical acclaim and box-ofﬁce success.

STUDIO ENTERTAINMENT > KEY DATES

Fact Book 2005

OPERATIONS

In 2005,

Buena Vista Home Entertainment

had 4 of the top 10 overall

video titles for the year –

The Incredibles, National Treasure, Ladder 49

and

The Paciﬁer.

Miramax

’s

The Aviator

took home more Academy Awards than any other ﬁlm

in 2005.

Disney

/ Pixar’s

The Incredibles

won the Academy Award for Best Ani-

mated Feature.

Lyric Street Records

found its name, as many of

Disney

’s other businesses

have, in an actual street name. It was Lyric Avenue on which both Walt and

Roy built their homes once their ﬂedgling studios began to take off. With Hy-

perion and Buena Vista as historic cousins, Lyric Street proudly takes its name

from a part of Walt and Roy’s legacy.

Tarzan

, a new musical presented by

Disney Theatrical Productions

, will open on

Broadway on May 10th, 2006, at the Richard Rogers Theatre in New York and is

Disney’s 6th stage play adaptation.

Disney Theatrical Productions

stage adaptation of

The Lion King’s “Circle of

Life”

has been listed as one of the most resonant theatrical moments of the

past 10 years in the special 10th Anniversary issue of

Time Out New York.

Since opening on Broadway,

The Lion King

has won over 70 major awards with

a total of nine productions worldwide in 2005 including New York, London, San

Francisco, Tokyo, Melbourne, Nagoya (Japan), Hamburg, Scheveningen (The

Netherlands), and a U.S. national tour.

STUDIO ENTERTAINMENT > FAST FACTS

Fact Book 2005

OPERATIONS

Disney

’s

Beauty and the Beas

t on Broadway is now the longest running tenant

in both the history of the Lunt-Fontanne Theatre (currently performing) and the

Palace Theatre (previous performance venue). The show is Broadway’s longest

running American musical and the 6th longest running show of all time. It is

also the second longest-running Broadway production that is currently per-

forming in New York City, and has played over 19,000 performances around

the world.

The

Disney

video premiere of

Little Einsteins

debuted as the number one pre-

school DVD of the year.

In 2005,

Buena Vista Home Entertainment International

continued to hold the

title of market share leader in numerous markets thanks to new releases and

library titles including

National Treasure, Bambi, Aladdin

and

The Incredibles

– which was the number one DVD title of the year.

The Lion King

entered its ninth year on Broadway in November 2005. By the

end of 2005,

The Lion King

will have been seen by over 33,000,000 people

around the world.

Buena Vista Music Group

’s performance was led by four platinum artists

– country group Rascal Flatts, teen stars Hilary Duff and Jesse McCartney, and

rock bank Breaking Benjamin. Hilary Duff’s third album,

Most Wanted,

was

released in August and entered the charts at number one.

In 2005,

Walt Disney Records

celebrated its third consecutive year as the

world’s number one children’s record label. In 2005,

The Cheetah Girls

and

Lizzie McGuire Movie

soundtracks both certiﬁed double platinum.

STUDIO ENTERTAINMENT > FAST FACTS

Fact Book 2005

OPERATIONS

With 49 releases that have grossed over $100 million domestically,

Buena Vista

Pictures Distribution

holds the all-time industry record.

Buena Vista International

crossed the $1 billion box ofﬁce gross threshold

again in 2005, becoming the ﬁrst international distribution company in history

to achieve this feat 11 times in ten consecutive years.

Disney Theatrical

U.S. touring productions reach 45 markets with 14 interna-

tional productions in Japan, Germany, Korea, Australia, Netherlands, and the

United Kingdom.

Elton John & Tim Rice’s “

Aida

” has played to nearly 7,000,000 people in seven

productions worldwide.

Disney Theatrical Production

’s Broadway musicals have garnered 11 Tony®

Awards - 6 for

The Lion King

, including Best Musical; 4 for

Aida

; and 1 for

Beauty and the Beast

Disney On Ice

ﬁrst began in 1981. Since that time there have been 26 different

Disney On Ice

productions.

There are 7 different

Disney On Ice

shows currently touring to over 30 countries

with 2200 performances each year, and is performed in 13 different languages

every year.

40% of

Disney On Ice

attendance comes from International Regions.

STUDIO ENTERTAINMENT > FAST FACTS

Fact Book 2005

OPERATIONS

Disney On Ice

performances touring in 2005 included:

- Disney/ Pixar’s

The Incredibles

in a Magic Kingdom Adventure (premiered in

Florida in September 2005)

Mickey and Minnie’s Magical Journey

– featuring

Little Mermaid, 101

Dalmatians, Lilo and Stitch

and

Peter Pan

- Princess Classics – featuring

Cinderella, Little Mermaid, Sleeping Beauty,

Snow White, Beauty & the Beast, Aladdin

, and

Mulan

Finding Nemo

Monsters, Inc.

- Jungle Adventures –

Lion King, Jungle Book

and

Tarzan

- 100 Years of Magic – compilation show featuring multiple Disney characters

and stories

Since opening in June 2004,

Disney Live! Winnie the Pooh

has performed in

New Zealand, Australia, Bangkok, Singapore, Spain, UK, Netherlands and the

US, and will continue touring in Mexico in 2006 before continuing on to Japan

and Southeast Asia.

STUDIO ENTERTAINMENT > FAST FACTS

Fact Book 2005

OPERATIONS

STUDIO ENTERTAINMENT > DATA

Ladder 49

Shall We Dance

The Incredibles

Finding Neverland

Bridget Jones: The Edge of Reason

National Treasure

The Aviator

Darkness

Les Choristes

Aliens of the Deep

Pooh's Heffalump Movie

Bride and Prejudice

Cursed

The Best of Youth

The Pacifier

Dear Frankie

Hostage

Ice Princess

Sin City

The Amityville Horror

A Lot Like Love

The Hitchhiker's Guide to the Galaxy

Twin Sisters

Mindhunters

Deep Blue

Cinderella Man

The Adventures of Shark Boy and Lava Girl

Herbie: Fully Loaded

Dark Water

The Warrior

Sky High

Secuestro Express

The Great Raid

Valiant

The Brothers Grimm

Underclassman

An Unfinished Life

Proof

Venom

Flightplan

Daltry Calhoun

The Greatest Game Ever Played

10/1/2004

10/15/2004

11/5/2004

11/12/2004

11/19/2004

12/17/2004

12/25/2004

1/14/2005

1/28/2005

2/11/2005

2/25/2005

3/2/2005

3/4/2005

3/11/2005

3/18/2005

4/1/2005

4/15/2005

4/22/2005

4/29/2005

5/6/2005

5/13/2005

6/3/2005

6/10/2005

6/22/2005

7/8/2005

7/15/2005

7/29/2005

8/5/2005

8/12/2005

8/19/2005

8/26/2005

9/2/2005

9/9/2005

9/16/2005

9/23/2005

9/25/2005

9/30/2005

Touchstone

Miramax

Disney

Miramax

Disney

Miramax

IMAX

Disneytoon

Miramax

Disney

Miramax

Disney

Miramax

Touchstone

Disney

Miramax

Disney

Touchstone

Miramax

Disney

Miramax

Disney

Miramax

Touchstone

Miramax

Disney

The Life Aquatic with Steve Zissou

12/10/2004

Touchstone

Title

Release Date

Studio

The Walt Disney Studio - U.S. Theatrical Releases

FY05

Fact Book 2005

OPERATIONS

STUDIO ENTERTAINMENT > DATA

Ladder 49

Shall We Dance

The Incredibles

Finding Neverland

Bridget Jones: The Edge of Reason

National Treasure

The Aviator

Darkness

Les Choristes

Aliens of the Deep

Pooh's Heffalump Movie

Bride and Prejudice

Cursed

The Best of Youth

The Pacifier

Dear Frankie

Hostage

Ice Princess

Sin City

The Amityville Horror

A Lot Like Love

The Hitchhiker's Guide to the Galaxy

Twin Sisters

Mindhunters

Deep Blue

Cinderella Man

The Adventures of Shark Boy and Lava Girl

Herbie: Fully Loaded

Dark Water

The Warrior

Sky High

Secuestro Express

The Great Raid

Valiant

The Brothers Grimm

Underclassman

An Unfinished Life

Proof

Venom

Flightplan

Daltry Calhoun

The Greatest Game Ever Played

10/1/2004

10/15/2004

11/5/2004

11/12/2004

11/19/2004

12/17/2004

12/25/2004

1/14/2005

1/28/2005

2/11/2005

2/25/2005

3/2/2005

3/4/2005

3/11/2005

3/18/2005

4/1/2005

4/15/2005

4/22/2005

4/29/2005

5/6/2005

5/13/2005

6/3/2005

6/10/2005

6/22/2005

7/8/2005

7/15/2005

7/29/2005

8/5/2005

8/12/2005

8/19/2005

8/26/2005

9/2/2005

9/9/2005

9/16/2005

9/23/2005

9/25/2005

9/30/2005

Touchstone

Miramax

Disney

Miramax

Disney

Miramax

IMAX

Disneytoon

Miramax

Disney

Miramax

Disney

Miramax

Touchstone

Disney

Miramax

Disney

Touchstone

Miramax

Disney

Miramax

Disney

Miramax

Touchstone

Miramax

Disney

The Life Aquatic with Steve Zissou

12/10/2004

Touchstone

Title

Release Date

Studio

Ladder 49

Shall We Dance

The Incredibles

Finding Neverland

Bridget Jones: The Edge of Reason

National Treasure

The Aviator

Darkness

Les Choristes

Aliens of the Deep

Pooh's Heffalump Movie

Bride and Prejudice

Cursed

The Best of Youth

The Pacifier

Dear Frankie

Hostage

Ice Princess

Sin City

The Amityville Horror

A Lot Like Love

The Hitchhiker's Guide to the Galaxy

Twin Sisters

Mindhunters

Deep Blue

Cinderella Man

The Adventures of Shark Boy and Lava Girl

Herbie: Fully Loaded

Dark Water

The Warrior

Sky High

Secuestro Express

The Great Raid

Valiant

The Brothers Grimm

Underclassman

An Unfinished Life

Proof

Venom

Flightplan

Daltry Calhoun

The Greatest Game Ever Played

10/1/2004

10/15/2004

11/5/2004

11/12/2004

11/19/2004

12/17/2004

12/25/2004

1/14/2005

1/28/2005

2/11/2005

2/25/2005

3/2/2005

3/4/2005

3/11/2005

3/18/2005

4/1/2005

4/15/2005

4/22/2005

4/29/2005

5/6/2005

5/13/2005

6/3/2005

6/10/2005

6/22/2005

7/8/2005

7/15/2005

7/29/2005

8/5/2005

8/12/2005

8/19/2005

8/26/2005

9/2/2005

9/9/2005

9/16/2005

9/23/2005

9/25/2005

9/30/2005

Touchstone

Miramax

Disney

Miramax

Disney

Miramax

IMAX

Disneytoon

Miramax

Disney

Miramax

Disney

Miramax

Touchstone

Disney

Miramax

Disney

Touchstone

Miramax

Disney

Miramax

Disney

Miramax

Touchstone

Miramax

Disney

The Life Aquatic with Steve Zissou

12/10/2004

Touchstone

Title

Release Date

Studio

Aladdin (P)

Raising Helen

Disney Learning Adventures

Valentin (DVD)

Bionicle 2

The Hole (DVD)

I'm Not Scared (DVD)

Baby Einstein: Baby Noah

Mulan: Special Edition

America's Heart And Soul

Around The World In 80 Days

Mickey's Twice Upon A Christmas*

Zatoichi (DVD)

Eloise at Christmastime*

Tiger: The Authorized DVD Collection (DVD)

A Wrinkle In Time

In Search of Santa

Boy Meets World: Season 2 (DVD)

Golden Girls: Season 1 (DVD)

Home Improvement: Season 1 (DVD)

Lizzie McGuire: Season 1 (DVD)

Hero (DVD)

Gargoyles Season 1 (DVD)

Kim Possible: The Villain Files

That's So Raven: Supernaturally Stylish

Power Rangers: Dino Thunder 4

Power Rangers: Dino Thunder 5

Walt Disney Treasures - Mickey Mouse

in Black and White, Volume Two (DVD)

Princess Diaries 2

3: The Dale Earnhardt Story

Mary Poppins: 40th Anniversary Edition

King Arthur

Young Black Stallion

Where The Red Fern Grows

Extreme Makeover Fitness -

Weight Loss Workout for Beginners

* Disney Video Premiere

(DVD) denotes DVD Only Release

(P) denotes Platinum Collection

10/5/2004

10/12/2004

10/19/2004

10/26/2004

11/2/2004

11/9/2004

11/16/2004

11/23/2004

11/30/2004

12/7/2004

12/14/2004

12/21/2004

12/28/2004

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Title

Release Date

Buena Vista Home Entertainment Releases - Q1 FY05

The Walt Disney Studio - U.S. Theatrical Releases (cont.)

FY05

Fact Book 2005

OPERATIONS

Buena Vista Home Entertainment Releases - Q1 (cont.) FY05

STUDIO ENTERTAINMENT > DATA

Aladdin (P)

Raising Helen

Disney Learning Adventures

Valentin (DVD)

Bionicle 2

The Hole (DVD)

I'm Not Scared (DVD)

Baby Einstein: Baby Noah

Mulan: Special Edition

America's Heart And Soul

Around The World In 80 Days

Mickey's Twice Upon A Christmas*

Zatoichi (DVD)

Eloise at Christmastime*

Tiger: The Authorized DVD Collection (DVD)

A Wrinkle In Time

In Search of Santa

Boy Meets World: Season 2 (DVD)

Golden Girls: Season 1 (DVD)

Home Improvement: Season 1 (DVD)

Lizzie McGuire: Season 1 (DVD)

Hero (DVD)

Gargoyles Season 1 (DVD)

Kim Possible: The Villain Files

That's So Raven: Supernaturally Stylish

Power Rangers: Dino Thunder 4

Power Rangers: Dino Thunder 5

Walt Disney Treasures - Mickey Mouse

in Black and White, Volume Two (DVD)

Princess Diaries 2

3: The Dale Earnhardt Story

Mary Poppins: 40th Anniversary Edition

King Arthur

Young Black Stallion

Where The Red Fern Grows

Extreme Makeover Fitness -

Weight Loss Workout for Beginners

* Disney Video Premiere

(DVD) denotes DVD Only Release

(P) denotes Platinum Collection

10/5/2004

10/12/2004

10/19/2004

10/26/2004

11/2/2004

11/9/2004

11/16/2004

11/23/2004

11/30/2004

12/7/2004

12/14/2004

12/21/2004

12/28/2004

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Title

Release Date

Aladdin (P)

Raising Helen

Disney Learning Adventures

Valentin (DVD)

Bionicle 2

The Hole (DVD)

I'm Not Scared (DVD)

Baby Einstein: Baby Noah

Mulan: Special Edition

America's Heart And Soul

Around The World In 80 Days

Mickey's Twice Upon A Christmas*

Zatoichi (DVD)

Eloise at Christmastime*

Tiger: The Authorized DVD Collection (DVD)

A Wrinkle In Time

In Search of Santa

Boy Meets World: Season 2 (DVD)

Golden Girls: Season 1 (DVD)

Home Improvement: Season 1 (DVD)

Lizzie McGuire: Season 1 (DVD)

Hero (DVD)

Gargoyles Season 1 (DVD)

Kim Possible: The Villain Files

That's So Raven: Supernaturally Stylish

Power Rangers: Dino Thunder 4

Power Rangers: Dino Thunder 5

Walt Disney Treasures - Mickey Mouse

in Black and White, Volume Two (DVD)

Princess Diaries 2

3: The Dale Earnhardt Story

Mary Poppins: 40th Anniversary Edition

King Arthur

Young Black Stallion

Where The Red Fern Grows

Extreme Makeover Fitness -

Weight Loss Workout for Beginners

* Disney Video Premiere

(DVD) denotes DVD Only Release

(P) denotes Platinum Collection

10/5/2004

10/12/2004

10/19/2004

10/26/2004

11/2/2004

11/9/2004

11/16/2004

11/23/2004

11/30/2004

12/7/2004

12/14/2004

12/21/2004

12/28/2004

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Title

Release Date

Fact Book 2005

OPERATIONS

Buena Vista Home Entertainment Releases - Q2 FY05

STUDIO ENTERTAINMENT > DATA

Aladdin (P)

Raising Helen

Disney Learning Adventures

Valentin (DVD)

Bionicle 2

The Hole (DVD)

I'm Not Scared (DVD)

Baby Einstein: Baby Noah

Mulan: Special Edition

America's Heart And Soul

Around The World In 80 Days

Mickey's Twice Upon A Christmas*

Zatoichi (DVD)

Eloise at Christmastime*

Tiger: The Authorized DVD Collection (DVD)

A Wrinkle In Time

In Search of Santa

Boy Meets World: Season 2 (DVD)

Golden Girls: Season 1 (DVD)

Home Improvement: Season 1 (DVD)

Lizzie McGuire: Season 1 (DVD)

Hero (DVD)

Gargoyles Season 1 (DVD)

Kim Possible: The Villain Files

That's So Raven: Supernaturally Stylish

Power Rangers: Dino Thunder 4

Power Rangers: Dino Thunder 5

Walt Disney Treasures - Mickey Mouse

in Black and White, Volume Two (DVD)

Princess Diaries 2

3: The Dale Earnhardt Story

Mary Poppins: 40th Anniversary Edition

King Arthur

Young Black Stallion

Where The Red Fern Grows

Extreme Makeover Fitness -

Weight Loss Workout for Beginners

* Disney Video Premiere

(DVD) denotes DVD Only Release

(P) denotes Platinum Collection

10/5/2004

10/12/2004

10/19/2004

10/26/2004

11/2/2004

11/9/2004

11/16/2004

11/23/2004

11/30/2004

12/7/2004

12/14/2004

12/21/2004

12/28/2004

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Title

Release Date

Edges Of The Lord (DVD)

Miracle At Oxford (DVD)

Speakeasy (DVD)

The Village

The Buried Secret of M. Night Shyamalan

Return Of Jafar/King Of Thieves 2-Pack* (P)

Mulan II*

Mr. 3000

Shall We Dance

Carolina (DVD)

Three Steps To Heaven (DVD)

Growing Up With Winnie The Pooh

Pokemon 7

Disney Princess Party: Volume 2 (DVD)

Disney Princess Stories: Volume 2

Bambi (P)

In the Weeds (DVD)

Nirvana (DVD)

Ladder 49

Felicity: Season 4 (DVD)

Popular: Season 2 (DVD)

Sweet Valley High: Season 1 (DVD)

Baby Einstein: Baby Monet

The I Inside (DVD)

The Incredibles

The Gospel Of John

Beyblade: Fierce Battle

Finding Neverland

Disney Learning Adventures

JoJo’s Circus: Animal a Go Go

JoJo's Circus: Take a Bow

Hustle

* Disney Video Premiere

(DVD) denotes DVD Only Release

(P) denotes Platinum Collection

1/4/2005

1/11/2005

1/18/2005

2/1/2005

2/8/2005

2/15/2005

3/1/2005

3/8/2005

3/15/2005

3/22/2005

3/22/05

3/22/2005

3/29/2005

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Fact Book 2005

OPERATIONS

Buena Vista Home Entertainment Releases - Q3 FY05

STUDIO ENTERTAINMENT > DATA

Aladdin (P)

Raising Helen

Disney Learning Adventures

Valentin (DVD)

Bionicle 2

The Hole (DVD)

I'm Not Scared (DVD)

Baby Einstein: Baby Noah

Mulan: Special Edition

America's Heart And Soul

Around The World In 80 Days

Mickey's Twice Upon A Christmas*

Zatoichi (DVD)

Eloise at Christmastime*

Tiger: The Authorized DVD Collection (DVD)

A Wrinkle In Time

In Search of Santa

Boy Meets World: Season 2 (DVD)

Golden Girls: Season 1 (DVD)

Home Improvement: Season 1 (DVD)

Lizzie McGuire: Season 1 (DVD)

Hero (DVD)

Gargoyles Season 1 (DVD)

Kim Possible: The Villain Files

That's So Raven: Supernaturally Stylish

Power Rangers: Dino Thunder 4

Power Rangers: Dino Thunder 5

Walt Disney Treasures - Mickey Mouse

in Black and White, Volume Two (DVD)

Princess Diaries 2

3: The Dale Earnhardt Story

Mary Poppins: 40th Anniversary Edition

King Arthur

Young Black Stallion

Where The Red Fern Grows

Extreme Makeover Fitness -

Weight Loss Workout for Beginners

* Disney Video Premiere

(DVD) denotes DVD Only Release

(P) denotes Platinum Collection

10/5/2004

10/12/2004

10/19/2004

10/26/2004

11/2/2004

11/9/2004

11/16/2004

11/23/2004

11/30/2004

12/7/2004

12/14/2004

12/21/2004

12/28/2004

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Title

Release Date

Reform School Girl (DVD)

Runaway Daughters (DVD)

Sacred Planet

Steal (DVD)

Darkness

The Nameless (Sin Nombre) (DVD)

National Treasure

Pocahontas: 10th Anniversary Edition

The Chorus (DVD)

Three Amigos (DVD)

Kim Possible: So The Drama

The Last Shot (DVD)

The Life Aquatic with Steve Zissou

Spanish Fly (DVD)

Buddies (DVD)

Golden Girls: Season 2 (DVD)

Scrubs: Season 1 (DVD)

Pooh’s Heffalump Movie

Hellraiser: Deader (DVD)

Home Improvement: Season 2 (DVD)

Power Rangers SPD - Joining Forces (Vol. 1)

The Prophecy - Uprising (DVD)

Spider-Man: The Venom Saga

The Best of Tokyo Pig (DVD)

Tarzan 2*

Tilt (DVD)

Cursed

Hostage

Cadet Kelly

The Even Stevens Movie

The Pacifier

The Woodlanders

* Disney Video Premiere

(DVD) denotes DVD Only Release

(P) denotes Platinum Collection

4/5/2005

4/26/2005

5/3/2005

5/10/2005

5/17/2005

5/24/2005

6/7/2005

6/14/2005

6/21/2005

6/28/2005

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Fact Book 2005

OPERATIONS

Buena Vista Home Entertainment Releases - Q4 FY05

STUDIO ENTERTAINMENT > DATA

Aladdin (P)

Raising Helen

Disney Learning Adventures

Valentin (DVD)

Bionicle 2

The Hole (DVD)

I'm Not Scared (DVD)

Baby Einstein: Baby Noah

Mulan: Special Edition

America's Heart And Soul

Around The World In 80 Days

Mickey's Twice Upon A Christmas*

Zatoichi (DVD)

Eloise at Christmastime*

Tiger: The Authorized DVD Collection (DVD)

A Wrinkle In Time

In Search of Santa

Boy Meets World: Season 2 (DVD)

Golden Girls: Season 1 (DVD)

Home Improvement: Season 1 (DVD)

Lizzie McGuire: Season 1 (DVD)

Hero (DVD)

Gargoyles Season 1 (DVD)

Kim Possible: The Villain Files

That's So Raven: Supernaturally Stylish

Power Rangers: Dino Thunder 4

Power Rangers: Dino Thunder 5

Walt Disney Treasures - Mickey Mouse

in Black and White, Volume Two (DVD)

Princess Diaries 2

3: The Dale Earnhardt Story

Mary Poppins: 40th Anniversary Edition

King Arthur

Young Black Stallion

Where The Red Fern Grows

Extreme Makeover Fitness -

Weight Loss Workout for Beginners

* Disney Video Premiere

(DVD) denotes DVD Only Release

(P) denotes Platinum Collection

10/5/2004

10/12/2004

10/19/2004

10/26/2004

11/2/2004

11/9/2004

11/16/2004

11/23/2004

11/30/2004

12/7/2004

12/14/2004

12/21/2004

12/28/2004

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Title

Release Date

Bride & Prejudice

Dear Frankie (DVD)

Fantastic Four (DVD)

Prozac Nation

Dracula III: Legacy (DVD)

The Crow: Wicked Prayer (DVD)

Baby Einstein: Baby Wordsworth

Ice Princess

After Image (DVD)

Cypher (DVD)

Momentum (DVD)

When Billie Beat Bobby (DVD)

The Muppet Show: Season 1 (DVD)

The Muppet’s Wizard Of Oz

Sin City

Phil Of The Future: Gadgets & Gizmos

That's So Raven: Disguise the Limit

A Lot Like Love

Boy Meets World: Season 3 (DVD)

Life As We Know It (DVD)

Once And Again: Season 2

Little Einstein: Our Big Huge Adventure

Lilo & Stitch II*

My Scene Goes Hollywood

Written In Blood (DVD)

Lost: Season 1 (DVD)

Power Rangers SPD: Stakeout

Power Rangers SPD: Wired

Disney Princess Sing-a-long Songs Volume 2:

Enchanted Tea Party

Disney Princess Stories Volume 3, Beauty Shines

From Within

Haven (DVD)

Hellraiser: Hellworld (DVD)

Paris is Burning (DVD)

The Prophecy: Forsaken (DVD)

Toy Story: 10th Anniversary Edition (DVD)

Halloweentown High

The Hitchhiker's Guide to the Galaxy

Pooh's Heffalump Halloween Movie*

Twin Sisters (DVD)

The Adventures of Sharkboy And Lavagirl

Desperate Housewives: Season 1 (DVD)

Mindhunters

* Disney Video Premiere

(DVD) denotes DVD Only Release

(P) denotes Platinum Collection

7/5/2005

7/12/2005

7/19/2005

8/2/2005

8/9/2005

8/16/2005

8/23/2005

8/30/2005

9/6/2005

9/13/2005

9/20/2005

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Fact Book 2005

OPERATIONS

Buena Vista Home Entertainment Releases - Q4 (cont.) FY05

STUDIO ENTERTAINMENT > DATA

Aladdin (P)

Raising Helen

Disney Learning Adventures

Valentin (DVD)

Bionicle 2

The Hole (DVD)

I'm Not Scared (DVD)

Baby Einstein: Baby Noah

Mulan: Special Edition

America's Heart And Soul

Around The World In 80 Days

Mickey's Twice Upon A Christmas*

Zatoichi (DVD)

Eloise at Christmastime*

Tiger: The Authorized DVD Collection (DVD)

A Wrinkle In Time

In Search of Santa

Boy Meets World: Season 2 (DVD)

Golden Girls: Season 1 (DVD)

Home Improvement: Season 1 (DVD)

Lizzie McGuire: Season 1 (DVD)

Hero (DVD)

Gargoyles Season 1 (DVD)

Kim Possible: The Villain Files

That's So Raven: Supernaturally Stylish

Power Rangers: Dino Thunder 4

Power Rangers: Dino Thunder 5

Walt Disney Treasures - Mickey Mouse

in Black and White, Volume Two (DVD)

Princess Diaries 2

3: The Dale Earnhardt Story

Mary Poppins: 40th Anniversary Edition

King Arthur

Young Black Stallion

Where The Red Fern Grows

Extreme Makeover Fitness -

Weight Loss Workout for Beginners

* Disney Video Premiere

(DVD) denotes DVD Only Release

(P) denotes Platinum Collection

10/5/2004

10/12/2004

10/19/2004

10/26/2004

11/2/2004

11/9/2004

11/16/2004

11/23/2004

11/30/2004

12/7/2004

12/14/2004

12/21/2004

12/28/2004

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Title

Release Date

Bride & Prejudice

Dear Frankie (DVD)

Fantastic Four (DVD)

Prozac Nation

Dracula III: Legacy (DVD)

The Crow: Wicked Prayer (DVD)

Baby Einstein: Baby Wordsworth

Ice Princess

After Image (DVD)

Cypher (DVD)

Momentum (DVD)

When Billie Beat Bobby (DVD)

The Muppet Show: Season 1 (DVD)

The Muppet’s Wizard Of Oz

Sin City

Phil Of The Future: Gadgets & Gizmos

That's So Raven: Disguise the Limit

A Lot Like Love

Boy Meets World: Season 3 (DVD)

Life As We Know It (DVD)

Once And Again: Season 2

Little Einstein: Our Big Huge Adventure

Lilo & Stitch II*

My Scene Goes Hollywood

Written In Blood (DVD)

Lost: Season 1 (DVD)

Power Rangers SPD: Stakeout

Power Rangers SPD: Wired

Disney Princess Sing-a-long Songs Volume 2:

Enchanted Tea Party

Disney Princess Stories Volume 3, Beauty Shines

From Within

Haven (DVD)

Hellraiser: Hellworld (DVD)

Paris is Burning (DVD)

The Prophecy: Forsaken (DVD)

Toy Story: 10th Anniversary Edition (DVD)

Halloweentown High

The Hitchhiker's Guide to the Galaxy

Pooh's Heffalump Halloween Movie*

Twin Sisters (DVD)

The Adventures of Sharkboy And Lavagirl

Desperate Housewives: Season 1 (DVD)

Mindhunters

* Disney Video Premiere

(DVD) denotes DVD Only Release

(P) denotes Platinum Collection

7/5/2005

7/12/2005

7/19/2005

8/2/2005

8/9/2005

8/16/2005

8/23/2005

8/30/2005

9/6/2005

9/13/2005

9/20/2005

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Animated

Live Action

Fact Book 2005

OPERATIONS

Walt Disney Records 2005 Releases

STUDIO ENTERTAINMENT > DATA

2/8

2/15

3/15

3/22

4/26

5/3

5/10

5/17

6/7

6/14

7/12

9/13

9/20

9/27

10/4

10/11

11/1

12/6

12/13

12/20

Princess Tea Party Album

They Might Be Giants - Here Come the ABCs DVD

They Might Be Giants - Here Come the ABCs CD

Disneymania 3

Disneymania in Concert DVD

Ice Princess Soundtrack

Radio Disney Jams 7

Disney Channel Hits: Take 2

Disney's Happiest Celebration on Earth

Baby Einstein Music Box Orchestra

Julie Andrews Selects Her Favorite Disney Songs

Best of the Muppets featuring the "The Muppets Wizard of OZ"

Disney Girlz Rock!

Disney's Beach Party Album

Artist Karaoke Series: Hilary Duff

Cinderella & Friends - Picture Disc

A Musical History of Disneyland

Disneyremixmania

Cinderella Special Edition

The Disney Songbook

The Cheetah Girls: A Cheetah-licious Christmas

Playhouse Disney - Imagine & Learn with Music

Radio Disney Jingle Jams

Chicken Little Soundtrack

Narnia Soundtrack

Narnia Soundtrack- Special Edition

Meet The Orchestra

Date Title

Fact Book 2005

OPERATIONS

Buena Vista Home Entertainment Industry-Wide Rankings

(combined DVD and VHS units / as of September 30, 2005)

Disney on Ice And Disney Live! Currently Perform in:

USA, Canada, Mexico, Puerto Rico, Ecuador, Argentina, Chile, Panama, Japan, Australia, Malaysia, Philippines,

China, Singapore, Thailand, Brunei, Korea, UK, Netherlands, France, Sweden, Norway, Finland, Spain, Germany,

Belgium, Portugal

STUDIO ENTERTAINMENT > DATA

Lion King

Aladdin

Finding Nemo

Toy Story

Beauty & the Beast

Snow White

Cinderella

Bambi

Monsters, Inc.

Pirates of the Caribbean

The Little Mermaid

Lion King 2: Simba's Pride

Return of Jafar (Aladdin)

Aladdin: King of Thieves

Beauty & Beast: Enchanted Xmas

Lion King 1 1/2

Little Mermaid 2

Lady and the Tramp 2

Cinderella 2

Pooh's Grand Adventure

Pocahontas 2

Stitch! The Movie

Buzz Lightyear- Adventure Begins

Fun and Fancy Free

Tarzan and Jane

Mickey's Once Upon a Christmas

101 Dalmatians 2

An Extremely Goofy Movie

Domestic (11 of Top 25)

Direct to Video Titles (17 of Top 25)

Fact Book 2005

OPERATIONS

PARKS AND RESORTS > PROFILE

Walt Disney Parks and Resorts (WDP&R) manages the Company’s theme park and resort operations, including the Dis-

neyland Resort in Anaheim, California and the Walt Disney World Resort in Orlando, Florida. WDP&R also oversees Walt

Disney Imagineering (WDI), which leads all the creative development, planning and construction efforts for all Disney

theme parks, attractions, hotels and other facilities worldwide. In addition, WDP&R operates the Disney Cruise Line; the

Disney Vacation Club; and Disney Regional Entertainment which runs eight ESPN Zone dining and entertainment loca-

tions. The segment also includes the Company’s interests in the Tokyo Disney Resort and Disneyland Resort Paris, and

the ﬁrst ever Disney theme park resort in China, Hong Kong Disneyland, which opened on September 12th of this year.

Walt Disney World Resort

Disneyland Resort

Tokyo Disney Resort

Disneyland Resort Paris

Hong Kong Disneyland

Disney Vacation Club

Disney Cruise Line

ESPN Zone

Walt Disney Imagineering

disneyworld.com

disneyland.com

tokyodisneyresort.co.jp

disneylandparis.com

hongkongdisneyland.com

dvc.disney.go.com

disneycruise.com

espnzone.com

PARKS AND RESORTS > BUSINESS

Fact Book 2005

OPERATIONS

January 4, 2005

72,000 ticket holders at the FedEx Orange Bowl National Championship game

in Miami each receive a surprise free ticket to any Disney theme park in the

world. The largest Disney theme park ticket give-away ever was part of the

launch of

the Happiest Celebration on Earth

, celebrating the 50th anniversary of

Disneyland and Disney theme parks.

February 25, 2005

The sale of The Mighty Ducks of Anaheim to Orange County entrepreneurs

Henry and Susan Samueli is announced.

April 9, 2005

Disneyland Resort Paris launches

Space Mountain: Mission 2

, a completely

reprogrammed attraction to bring visitors a totally new experience.

May 5, 2005

Walt Disney Parks and Resorts kicks off an 18-month global commemoration

of the 50th anniversary of Disneyland and a celebration called

the Happiest

Celebration on Earth

May 5, 2005

Buzz Lightyear Astro Blasters

attraction ofﬁcially opens at Disneyland in

Anaheim.

May 5, 2005

Lights, Motors, Action!

Extreme Stunt Show ofﬁcially opens at Disney-MGM

Studios.

May 28, 2005

Disney Cruise Line launches its ﬁrst-ever West Coast itinerary to commemorate

Disney’s

Happiest Celebration on Earth

PARKS AND RESORTS > KEY DATES

Fact Book 2005

OPERATIONS

July 17, 2005

Space Mountain

re-opens at Disneyland in Anaheim as a re-Imagineered 21st-

century thrill attraction, featuring an all-new queue and Space Port, redesigned

rockets, an all-new exhilarating on-board audio.

July 17, 2005

Disneyland Park in Anaheim ofﬁcially celebrates its 50th birthday.

July 21, 2005

Raging Spirits

, a new roller coaster attraction in Tokyo DisneySea park, opens

in the themed port of Lost River Delta.

September 12, 2005

Hong Kong Disneyland, Disney’s 11th vacation destination and ﬁrst Theme Park

in China, opens its gates.

October 5, 2005

The Disneyland Hotel in Anaheim celebrates its 50 years of operation. Origi-

nally a 104-room hotel, it now boasts over 1,400 rooms.

October 6, 2005

Christian Marlowe, a 5-year-old from Coos Bay, Ore., becomes the 50,000th

child to have a Disney theme park wish granted by the Make-A-Wish Founda-

tion and Disney.

December 1, 2005

A festive Disneyland-themed Christmas tree decorated with over 40 celebrity-

designed holiday ornaments sells for $7,600 on eBay, in a unique fundraising

effort for Toys for Tots, helping young victims of the Gulf Coast hurricanes.

PARKS AND RESORTS > KEY DATES

Fact Book 2005

OPERATIONS

The convention center main ballroom at the

Hong Kong Disneyland Hotel

is 888

square meters, a lucky number in the Chinese culture.

Feng Shui orientation played an important role in the design and building of

Hong Kong Disneyland

. For example, the placement of cash registers (placed

along the wall or near the corners, to ensure prosperity); the “no ﬁre zones” in

hotel kitchens (not able to light ﬁres in certain areas of the kitchen); and the ori-

entation of the park walkways (a bend in the entrance walkway so that positive

energy or “chi” does not ﬂow into the waters of Penny’s Bay).

There is no fourth ﬂoor in either the

Hong Kong Disneyland Hote

l or the

Holly-

wood Hotel

in Hong Kong because the Chinese word for “four” sounds similar

to the Chinese word for “death” and therefore is considered unlucky.

Hong Kong Disneyland

is situated on 250 hectares (one hectare equals 2.47

acres), 200 of which were reclaimed from the sea by ﬁlling sand behind a sea-

wall up to 30 meters.

When the car-themed

Autopia

opens in Tomorrowland at

Hong Kong Disney-

land

(scheduled for 2006), it will be the ﬁrst all-electric version of the popular

attraction.

Tokyo Disneyland

was the ﬁrst Disney park built outside the United States.

There are approximately 300 weddings at the

Disneyland Resort

in Anaheim

each year.

To date, more than 500 million guests have passed through the gates of

Disney-

land Park

in Anaheim.

PARKS AND RESORTS > FAST FACTS

Fact Book 2005

OPERATIONS

Originally, the front view of

Disneyland

’s

Sleeping Beauty Castle

was to be the

rear. One day, Walt walked in on designers, picked up the model and turned it

completely around. He liked it better with the rear facing forward — so that was

the way it was built.

Expedition Everest: Mission Himalayas

will open in 2006 in the Asia section

Disney’s Animal Kingdom theme park

Walt Disney World Resort

in Lake

Buena Vista, Florida.

Disneyland Paris

is home to 5,000 trees, 59,000 bushes, 2,500 square meters of

ﬂower beds, and 40,000 water plants. An additional 7,000 trees, 47,000 bushes

and 2,300 square meters of ﬂower beds surround the

Disney Resort Paris Hotels

Each year,

Disneyland Resort

Guests consume 1.6 million servings of popcorn,

3.2 million servings of ice cream and 2.8 million churros.

Since the opening day of

Disneyland

in 1955, the Disneyland Band has marched

more than 3,500 miles.

At the

Walt Disney World Resort

in Orlando, more than 2,500 different Cast

Member costume designs make up a working wardrobe of about 1.8 million

pieces. Approximately 13,000 costume pieces are manufactured each year.

There are enough of the famous “Mouse Ear” hats sold each year at the

Walt

Disney World Resort

in Orlando to cover the head of every man, woman and

child in Portland, Oregon.

The

Walt Disney World

bus ﬂeet covers more than 15 million miles every year.

There are 22 owned and operated hotels at

Walt Disney World

, representing

more than 25,000 guestrooms and 784 campsites as well as ﬁve Disney Vaca-

tion Club resorts.

PARKS AND RESORTS > FAST FACTS

Fact Book 2005

OPERATIONS

Tokyo Disney Resort

has the largest working wardrobe in the Far East, includ-

ing 393,600 individual pieces of costuming for Cast Members and 4,400 cos-

tumes for the Audio-Animatronics ﬁgures.

The landscaping of

Tokyo Disneyland

includes 430,000 plants, shrubs and trees.

Disneyland Resort Paris

is Europe’s number-one tourist destination.

Disneyland Resort Paris

has seven themed hotels, comprising 5,800 rooms,

equivalent to the hotel capacity of Cannes.

Disney Magic and Disney Wonder Cruise Ships

are each as long as the Eiffel

Tower is high, and each ship is longer than three football ﬁelds.

Disney Vacation Club

is “sold out” of memberships at six of its seven owner-

ship properties: Disney’s Old Key West Resort; Disney’s BoardWalk Villas; The

Villas at Wilderness Lodge; Disney’s Beach Club Villas; Disney’s Vero Beach

Resort and Disney’s Hilton Head Island Resort.

ESPN Zone

is one of the largest individual restaurant employers in each com-

munity it serves, employing nearly 300 Cast Members per site.

Walt Disney Imagineering (WDI)

is home to the Company’s cutting-edge techni-

cal Research and Development team, making Disney the only major entertain-

ment company with a dedicated R&D organization.

WDI

is always looking for

ways to use technology in the theme parks, both in attractions and in energy-

efﬁciency, ﬁreworks technology and pest-control.

PARKS AND RESORTS > FAST FACTS

Fact Book 2005

OPERATIONS

PARKS AND RESORTS > DATA

Date

July 1955

October 1971

October 1982

April 1983

May 1989

April 1992

April 1998

February 2001

September 2001

March 2002

September 2005

Park

Disneyland Park

Magic Kingdom

Epcot

Tokyo Disneyland

Disney-MGM Studios

Disneyland Paris

Disney’s Animal Kingdom

Disney’s California Adventure

Tokyo DisneySea

Walt Disney Studios Paris

Hong Kong Disneyland

Acreage

107

300

126

154

140

500

122

310

Disney Theme Park Opening Dates & Acreage

Dates Parks Acreage

FASTPASS Attractions

Disneyland

Autopia

Big Thunder Mountain

Indiana Jones Adventure

It's a Small World (seasonal)

Haunted Mansion (seasonal)

Roger Rabbit's Cartoon Spin

Space Mountain

Splash Mountain

Star Tours

Disney’s California Adventure

California Screamin'

Grizzly River Run

Soarin' Over California

It's Tough To Be a Bug

Jim Henson's Muppet Vision 3D

Mulholland Madness

Twilight Zone Tower of Terror™

Disneyland Resort (16 Total)

Magic Kingdom

Big Thunder Mountain

Buzz Lightyear's Space Ranger Spin

Haunted Mansion

Jungle Cruise

Peter Pan's Flight

Mickey's PhilharMagic

Space Mountain

Splash Mountain

Stitch's Great Escape

The Many Adventures of Winnie the Pooh

Disney-MGM Studios

Indiana Jones Epic Stunt Spectacular

Lights, Motors, Action! Extreme Stunt

Show

Rock 'n' Roller Coaster

Star Tours

Tower of Terror

Voyage of the Little Mermaid

Epcot

Honey I Shrunk the Audience

Land Pavilion

Maelstrom

Mission: SPACE

Soarin’

Test Track

Animal Kingdom

DINOSAUR

It’s Tough To Be a Bug

Kali River Rapids

Kilimanjaro Safari

Primeval Whirl

Walt Disney World Resort (27 Total)

Fact Book 2005

OPERATIONS

PARKS AND RESORTS > DATA

FASTPASS Attractions (cont.)

Disneyland

Autopia

Big Thunder Mountain

Indiana Jones Adventure

It's a Small World (seasonal)

Haunted Mansion (seasonal)

Roger Rabbit's Cartoon Spin

Space Mountain

Splash Mountain

Star Tours

Disney’s California Adventure

California Screamin'

Grizzly River Run

Soarin' Over California

It's Tough To Be a Bug

Jim Henson's Muppet Vision 3D

Mulholland Madness

Twilight Zone Tower of Terror™

Disneyland Resort (16 Total)

Magic Kingdom

Big Thunder Mountain

Buzz Lightyear's Space Ranger Spin

Haunted Mansion

Jungle Cruise

Peter Pan's Flight

Mickey's PhilharMagic

Space Mountain

Splash Mountain

Stitch's Great Escape

The Many Adventures of Winnie the Pooh

Disney-MGM Studios

Indiana Jones Epic Stunt Spectacular

Lights, Motors, Action! Extreme Stunt

Show

Rock 'n' Roller Coaster

Star Tours

Tower of Terror

Voyage of the Little Mermaid

Epcot

Honey I Shrunk the Audience

Land Pavilion

Maelstrom

Mission: SPACE

Soarin’

Test Track

Animal Kingdom

DINOSAUR

It’s Tough To Be a Bug

Kali River Rapids

Kilimanjaro Safari

Primeval Whirl

Walt Disney World Resort (27 Total)

Fact Book 2005

OPERATIONS

PARKS AND RESORTS > DATA

FASTPASS Attractions (cont.)

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��

��

��

��

��

��

��

��

��

��

Fact Book 2005

OPERATIONS

PARKS AND RESORTS > DATA

Walt Disney Parks & Resorts Fact Sheet

Disneyland Resort

Disneyland Park

Disney’s California

Adventure

Walt Disney World Resort

The Magic Kingdom

Epcot

Disney-MGM Studios

Disney’s Animal Kingdom

Disney’s Typhoon Lagoon

Disney’s Blizzard Beach

Disney’s Wide World of

Sports

Disney Vacation Club

Tokyo Disney Resort

Tokyo Disneyland Park

Tokyo DisneySea

Disneyland Resort Paris

Disneyland Paris

Walt Disney Studios Paris

Hong Kong Disneyland

Disney Cruise Line

Disney Magic

Disney Wonder

Disney Regional

Entertainment

Walt Disney Imagineering

The World of Disney Store

TOTAL Hotels:

TOTAL Hotel Rooms:

35,000-plus

TOTAL Full-time, seasonal and part-time Walt Disney Company Employees :

84,000-plus

(excluding Euro Disney S.C.A., Hong Kong Disneyland and Oriental Land Company)

506

30,080**

N/A

494

4,800**

310

964 ft.

N/A

23,660 sq. ft.

1955

2001

1971

1982

1989

1998

1989

1995

1997

1991

1983

2001

1992

2002

1998

1999

1998

1952

2004

2,224

25,000+

2,000

1,006

5,760

1,000

877

N/A

20,000

57,000+

1,300

20,000

12,200

5,000

3,200***

1,900

1,000+

230

22 (including

the five Disney

Vacation

Clubs on its

property)

N/A

8 ESPN Zones

N/A

Sept.

2005

Business Unit

Resort ****

Size (Acres)

Opening

# of Hotel

Rooms

Estimated

Workforce

# of Hotels

/Venues*

All figures are approximations as of July 2005

* Includes only hotels and Disney Vacation Club Units owned and operated by The Walt Disney Company and

Oriental Land Company, Euro Disney S.C.A. and Hong Kong International Theme Parks, Ltd.

** Total acreage including undeveloped land

*** Including shoreside Cast and shipboard crew

**** Includes theme parks, hotels dining and entertainment areas and surrounding land.

1. A subsidiary of The Walt Disney Company earns royalties on revenues generated by the Tokyo Disney Resort,

which is owned and operated by Oriental Land Company, a Japanese corporation.

1A. Cast Members of Oriental Land Company

2. The Walt Disney Company has an indirect investment in Euro Disney S.C.A., a publicly held French entity that

owns Disneyland Resort Paris. A subsidiary of The Walt Disney Company manages the resort and another subsidiary

earns royalties on Disneyland Resort Paris revenues.

2A. Cast Members of Euro Disney S.C.A.

3. Cast Members are primarily employees of Hong Kong International Theme Parks, Ltd., a joint venture between the

Hong Kong SAR Government and a subsidiary of The Walt Disney Company.

Fact Book 2005

OPERATIONS

PARKS AND RESORTS > DATA

Walt Disney Parks & Resorts Fact Sheet (cont.)

Disneyland Resort

Disneyland Park

Disney’s California

Adventure

Walt Disney World Resort

The Magic Kingdom

Epcot

Disney-MGM Studios

Disney’s Animal Kingdom

Disney’s Typhoon Lagoon

Disney’s Blizzard Beach

Disney’s Wide World of

Sports

Disney Vacation Club

Tokyo Disney Resort

Tokyo Disneyland Park

Tokyo DisneySea

Disneyland Resort Paris

Disneyland Paris

Walt Disney Studios Paris

Hong Kong Disneyland

Disney Cruise Line

Disney Magic

Disney Wonder

Disney Regional

Entertainment

Walt Disney Imagineering

The World of Disney Store

TOTAL Hotels:

TOTAL Hotel Rooms:

35,000-plus

TOTAL Full-time, seasonal and part-time Walt Disney Company Employees :

84,000-plus

(excluding Euro Disney S.C.A., Hong Kong Disneyland and Oriental Land Company)

506

30,080**

N/A

494

4,800**

310

964 ft.

N/A

23,660 sq. ft.

1955

2001

1971

1982

1989

1998

1989

1995

1997

1991

1983

2001

1992

2002

1998

1999

1998

1952

2004

2,224

25,000+

2,000

1,006

5,760

1,000

877

N/A

20,000

57,000+

1,300

20,000

12,200

5,000

3,200***

1,900

1,000+

230

22 (including

the five Disney

Vacation

Clubs on its

property)

N/A

8 ESPN Zones

N/A

Sept.

2005

Business Unit

Resort ****

Size (Acres)

Opening

# of Hotel

Rooms

Estimated

Workforce

# of Hotels

/Venues*

All figures are approximations as of July 2005

* Includes only hotels and Disney Vacation Club Units owned and operated by The Walt Disney Company and

Oriental Land Company, Euro Disney S.C.A. and Hong Kong International Theme Parks, Ltd.

** Total acreage including undeveloped land

*** Including shoreside Cast and shipboard crew

**** Includes theme parks, hotels dining and entertainment areas and surrounding land.

1. A subsidiary of The Walt Disney Company earns royalties on revenues generated by the Tokyo Disney Resort,

which is owned and operated by Oriental Land Company, a Japanese corporation.

1A. Cast Members of Oriental Land Company

2. The Walt Disney Company has an indirect investment in Euro Disney S.C.A., a publicly held French entity that

owns Disneyland Resort Paris. A subsidiary of The Walt Disney Company manages the resort and another subsidiary

earns royalties on Disneyland Resort Paris revenues.

2A. Cast Members of Euro Disney S.C.A.

3. Cast Members are primarily employees of Hong Kong International Theme Parks, Ltd., a joint venture between the

Hong Kong SAR Government and a subsidiary of The Walt Disney Company.

Disneyland Resort

Disneyland Park

Disney’s California

Adventure

Walt Disney World Resort

The Magic Kingdom

Epcot

Disney-MGM Studios

Disney’s Animal Kingdom

Disney’s Typhoon Lagoon

Disney’s Blizzard Beach

Disney’s Wide World of

Sports

Disney Vacation Club

Tokyo Disney Resort

Tokyo Disneyland Park

Tokyo DisneySea

Disneyland Resort Paris

Disneyland Paris

Walt Disney Studios Paris

Hong Kong Disneyland

Disney Cruise Line

Disney Magic

Disney Wonder

Disney Regional

Entertainment

Walt Disney Imagineering

The World of Disney Store

TOTAL Hotels:

TOTAL Hotel Rooms:

35,000-plus

TOTAL Full-time, seasonal and part-time Walt Disney Company Employees :

84,000-plus

(excluding Euro Disney S.C.A., Hong Kong Disneyland and Oriental Land Company)

506

30,080**

N/A

494

4,800**

310

964 ft.

N/A

23,660 sq. ft.

1955

2001

1971

1982

1989

1998

1989

1995

1997

1991

1983

2001

1992

2002

1998

1999

1998

1952

2004

2,224

25,000+

2,000

1,006

5,760

1,000

877

N/A

20,000

57,000+

1,300

20,000

12,200

5,000

3,200***

1,900

1,000+

230

22 (including

the five Disney

Vacation

Clubs on its

property)

N/A

8 ESPN Zones

N/A

Sept.

2005

Business Unit

Resort ****

Size (Acres)

Opening

# of Hotel

Rooms

Estimated

Workforce

# of Hotels

/Venues*

All figures are approximations as of July 2005

* Includes only hotels and Disney Vacation Club Units owned and operated by The Walt Disney Company and

Oriental Land Company, Euro Disney S.C.A. and Hong Kong International Theme Parks, Ltd.

** Total acreage including undeveloped land

*** Including shoreside Cast and shipboard crew

**** Includes theme parks, hotels dining and entertainment areas and surrounding land.

1. A subsidiary of The Walt Disney Company earns royalties on revenues generated by the Tokyo Disney Resort,

which is owned and operated by Oriental Land Company, a Japanese corporation.

1A. Cast Members of Oriental Land Company

2. The Walt Disney Company has an indirect investment in Euro Disney S.C.A., a publicly held French entity that

owns Disneyland Resort Paris. A subsidiary of The Walt Disney Company manages the resort and another subsidiary

earns royalties on Disneyland Resort Paris revenues.

2A. Cast Members of Euro Disney S.C.A.

3. Cast Members are primarily employees of Hong Kong International Theme Parks, Ltd., a joint venture between the

Hong Kong SAR Government and a subsidiary of The Walt Disney Company.

Fact Book 2005

OPERATIONS

PARKS AND RESORTS > DATA

Domestic Convention Space

Walt Disney World Resort

Contemporary Resort

Grand Floridian Resort & Spa

Yacht Club Resort

BoardWalk Inn

Coronado Springs

Total Owned Resorts at Walt Disney World

Total Non-Owned Resorts at Walt Disney World

Grand Total

Disneyland Resort

The Disneyland Hotel

Disney’s Paradise Pier Hotel*

Disney’s Grand Californian Hotel

TOTAL

*Formerly The Disneyland Pacific Hotel

Premium

Moderate

Premium

First Class

Oct 71

Jul 88

Nov 90

Jul 96

Aug 97

Jan 88

Dec 95

Jan 01

79,000

26,000

73000

14000

95000

287,000

528,486

815,486

136,000

30,000

20,000

186,000

1,008

867

621

372

1921

4,789

6,578

11,367

990

489

751

2,230

Disney-Owned Resorts

Class

Opening

Date

Net Meeting

Space (sq. ft.)

Hotel

Rooms

Fact Book 2005

OPERATIONS

PARKS AND RESORTS > DATA

Space

Disney’s Old Key West Resort

Disney’s Boardwalk Villas

Disney’s Vero Beach Resort

Disney’s Hilton Head Island Resort

The Villas at Disney’s Wilderness Lodge

Disney’s Beach Club Villas

Disney’s Saratoga Springs

Total

*upon phased completion in 2007

Opening Date

December 1991

October 1996

October 1995

March 1996

November 2000

July 2002

May 2004

# Units

531

383

208

102

136

208

828*

2,396

Disney Vacation Club Properties

ESPN Zone Location

Baltimore, Maryland

Chicago, Illinois

New York City, New York

Atlanta, Georgia

Washington, DC

Anaheim, California

Las Vegas, Nevada

Denver, Colorado

Opening Date

July 6, 1998

July 10, 1999

September 16, 1999

January 30, 2000

April 3, 2000

January 11, 2001

July 19, 2001

December 6, 2001

Disney Regional Entertainment

Fact Book 2005

OPERATIONS

CONSUMER PRODUCTS > PROFILE

Disney Consumer Products (DCP) is the business segment of The Walt Disney Company that extends the Disney brand

to merchandise ranging from apparel, toys, home décor, stationery and books to interactive games, food and bever-

ages, electronics and animation art. This is accomplished through the work of DCP’s various lines of business: Disney

Toys, Disney Softlines, Disney Hardlines, Disney Publishing, Buena Vista Games, The Baby Einstein Company, the Mup-

pets Holding Company and Disney Direct Marketing’s catalog and Website, DisneyShopping.com. The Disney Store,

which debuted in 1987, also falls under DCP. Currently, Disney Stores in North America and Japan are owned and

operated by unafﬁliated third parties under licensing agreements. Disney Stores located in Europe are wholly owned

by Disney.

Fact Book 2005

OPERATIONS

Disney Merchandise Licensing

Disney Hardlines

Disney Toys

Disney Softlines

Disney Publishing Worldwide

Disney Educational Productions

Disney Libri

Disney Press

Disney Editions

Disney Auctions

Family Fun Magazine

Disney Adventures

Disney Retail

Disney Store (licensing agreements in North America

and Japan, and wholly owned stores in Europe).

DisneyShopping.com

Disney Direct Marketing

Buena Vista Games

Disney Interactive

Disney Home

The Baby Einstein Company

Muppets Holding Company

disney.com/disneytoys

disney.com/disneybooks

disney.com/educational

disneylibri.it/

disneyauctions.com

familyfun.com/

disney.com/disneyadventures

disneyshopping.com

buenavistagames.go.com

disney.go.com/disneyinteractive

babyeinstein.com

muppets.com

CONSUMER PRODUCTS > BUSINESS

Fact Book 2005

OPERATIONS

April 22, 2005

Buena Vista Games announces that it will become a multi-platform publisher

launching a portfolio of high proﬁle video games in the UK, Germany and

France. BVG extends its current portfolio of kids and family focused titles to a

wider audience, to include tween, teen and core gamers.

April 27, 2005

Buena Vista Games, Inc. announces a distribution deal with Tokyo-based, D3

Publisher, Inc. (D3P) to release multiple BVG games in Japan.

June 21, 2005

Disney Consumer Products announces that Disney Princess will add another

jewel to her tiara in 2005: $3 billion in worldwide consumer products retail

sales. The young girls’ lifestyle brand continues to expand into more categories

and countries, such as India, and the brand is on track to become the largest

global girls franchise in 2006.

June 27, 2005

The chic European boutique, Colette, and the Muppets partner for an exclusive

promotion which included a window featuring Miss Piggy lounging on a chaise

wearing Prada couture, as well as the launch of three Muppets tees that feature

Kermit, Miss Piggy and Animal.

June 30, 2005

The Art of Disney: Celebration stamps featuring Mickey Mouse and Pluto, Alice

and the Mad Hatter, Ariel and Flounder and Snow White and Dopey are issued

by the U.S. Postal Service.

August 9, 2005

The Walt Disney Company, in conjunction with the Muppets Holding Company,

honors Kermit’s 50 years of entertaining with a yearlong tribute.

CONSUMER PRODUCTS > KEY DATES

Fact Book 2005

OPERATIONS

August 23, 2005

The Baby Einstein Company continues to grow: the

Little Einsteins

franchise

kicks off with the Disney DVD release of

Our Huge Adventure

. The TV series airs

daily on the Playhouse Disney block on Disney Channel.

September 5, 2005

Disney Fairies Novel

Fairy Dust and the Quest for the Egg

is released.

September 29, 2005

The Disney Mix Stick Players, a new digital audio MP3/WMA player speciﬁcally

designed for kids and teens, debuts.

October 18, 2005

Chicken Little

video games are available for the PlayStation®2 computer enter-

tainment system, Xbox® video game and entertainment system from Micro-

soft, Nintendo Game-CubeTM system, Game Boy® Advance system and PC at

retail outlets across North America.

December 6, 2005

Buena Vista Games ships more than 2 Million units of

The Chronicles of Narnia

video game to retail outlets in North America and Europe.

December 7, 2005

Disney Launches

Winnie the Pooh’s 80th Celebration

marking Winnie the

Pooh’s 80th anniversary in 2005/2006 with an 18-month celebration to be com-

memorated with new Winnie the Pooh entertainment throughout the Company.

CONSUMER PRODUCTS > KEY DATES

Fact Book 2005

OPERATIONS

Disney Publishing Worldwide

is the largest publisher of children’s books and

magazines in the world, producing more than 200 million children’s books per

year. Through books and magazines,

DPW

reaches an average of more than

100 million readers monthly and has an annual retail business of more than

$1.6 billion.

Baby Einstein

is the best selling brand in the infant developmental media cat-

egory, with over 80 percent market share and 93 percent aided awareness.

The release of

Fairy Dust and the Quest for the Egg

marks the ﬁrst time Disney

has released a children’s book in the U.S. and abroad simultaneously. The

book is published in 50 countries and printed in 32 languages, and had an initial

one-million book launch – all ﬁrsts for

The Walt Disney Company

Selling more than 250 million stamps in less than a year, the Art of Disney U.S.

postage stamps became the most successful stamps in nearly 10 years; the US

Postal Service honored

Disney Consumer Products

with its Industry Star Award

in 2005.

Baby Einstein

has eight of the top 20 infant/pre-school DVDs.

In 2005,

Mickey Mouse Magazine

became the top-selling magazine for kids in

China, a

Mickey Magazine

launched in Serbia, and kids in Mexico were able to

see Mickey and Donald in comic books for the ﬁrst time.

Mickey Mouse Magazines

are published under 39 titles in 23 countries, ranging

from Brazil to Bulgaria. Four out of ﬁve Finnish children in the Scandinavian

countries read

Aku Ankka Magazine (Donald Duck Magazine)

CONSUMER PRODUCTS > FAST FACTS

Fact Book 2005

OPERATIONS

The

Disney Princess

brand reigns as the #1 licensed Halloween costume assort-

ment for four years in a row.

Twenty-two Disney magazines are published in Italy, including the weekly

Topo-

lino

, one of the top ﬁve publications in the country.

W.I.T.C.H

., was created and

launched in Italy in April 2001 and is now available in 30 editions in 65 coun-

tries with a monthly circulation of more than 1 million.

Disney Princess Magazine

is available in 30 editions in 75 countries.

Two Disney series,

Finding Nemo Classics

and

Winnie the Pooh’s Lessons

from the 100 Acre Wood

, have been awarded by the China Society for Library

Science (CSLS) as two of the “Top 10 Favorite Books by Kids in China.” De-

termined by children and teens, this distinction recognizes the most popular

books selected by China’s libraries.

Finding Nemo Classics

and

Winnie the

Pooh’s Lessons

have been placed on the CSLS “Recommended Books for

Young Children,” a list that is that is distributed to all libraries throughout China

as a result of this honor.

Disney Adventures

, launched in 1990, has a circulation of 1.2 million, and is the

highest-circulating kids’ magazine in the United States.

FamilyFun Magazine

is the nation’s largest family magazine targeting parents

with children 3-12 years old.

In early 2006,

Disney Publishing Worldwide

will launch Wondertime, a new

early learning magazine for young mothers of children 0-6, providing them with

the insights, inspiration, and learning activities they need to understand their

children at every stage and encourage their natural curiosity.

CONSUMER PRODUCTS > FAST FACTS

Fact Book 2005

OPERATIONS

In 2004,

Disney Princess

was the most successful property for Disney Toys with

a global growth of 32%, while

Love to Walk Baby Pooh

broke the record as the

best-selling Disney plush character.

In total, girls around the world have access to 2 billion hours of immersion into

the

Disney Princess

experience.

Disney Consumer Products

is the world’s largest licensor, with business that is

approximately double in size of its nearest competitor.

Half of boys ages 6-8 express interest in toys, clothes and merchandise based

Power Rangers

. One in every ﬁve homes has a

Power Rangers

toy.

DCP

has sold $200 million in high-end and adult apparel featuring classic Dis-

ney characters since 2003.

Disney Catalog

is mailed 23 times per year to approximately 2 million guests

and over 20 million guests visit

disneyshopping.com

Disney Princess

merchandise has over 25,000 skus & 300 licensees globally.

The

Disney Princess

franchise accounts for $3.0 billion in retail sales, more than

300% growth over the last three years.

CONSUMER PRODUCTS > FAST FACTS

Fact Book 2005

OPERATIONS

CONSUMER PRODUCTS > DATA

Buena Vista Games Release Schedule

6/12/2005

7/19/2005

8/9/2005

9/20/2005

10/4/2005

10/11/2005
10/11/2005

10/11/2005

10/18/2005

11/8/2005

11/15/2005

11/17/2005

Disney's Herbie Fully Loaded

Disney's Kim Possible 3: Team Possible

That's So Raven 2: Supernatural Style

Lizzie McGuire 3: Homecoming Havoc

Disney's Cinderella: Magical Dreams

Disney's Cinderella Dollhouse 2

Disney/Pixar’s Finding Nemo: Learning with Nemo

Tim Burton's The Nightmare Before Christmas: Oogie's Revenge
Tim Burton's The Nightmare Before Christmas: Oogie's Revenge

Tim Burton's The Nightmare Before Christmas: The Pumpkin King

Disney's Chicken Little

The Proud Family

Disney's Kim Possible: Kimmunicator

Disney/Walden Media's The Chronicles of Narnia:

The Lion, The Witch and the Wardrobe

Disney/Walden Media's The Chronicles of Narnia:

The Lion, The Witch and the Wardrobe

Disney/Walden Media's The Chronicles of Narnia:

The Lion, The Witch and the Wardrobe

Disney/Walden Media's The Chronicles of Narnia:

The Lion, The Witch and the Wardrobe

Disney/Walden Media's The Chronicles of Narnia:

The Lion, The Witch and the Wardrobe

Disney/Walden Media's The Chronicles of Narnia:

The Lion, The Witch and the Wardrobe

Lizzie McGuire 2: Lizzie Diaries + TV Episode Edition

GBA

Date

Title

Format

GBA

Windows

Win/Mac

PS2

XBOX

GBA

PS2

XBOX

Windows

GBA

PS2

XBOX

Windows

GBA

Buena Vista Games Release Schedule

Fact Book 2005

HISTORY

STORY

Fact Book 2005

HISTORY

2005

January 4, 2005 Biggest park ticket give-away of all time

FedEx Orange Bowl 2005 National Championship ticket holders experienced

Disney’s biggest ticket give-away ever, when Disney gave out 72,000 park tick-

ets as part of the launch of the biggest celebration in the history of Walt Disney

Parks and Resorts - the

“Happiest Celebration on Earth.”

January 18, 2005 ESPN partners with Electronic Arts to develop games

ESPN announces long-term agreement for the development and integrated

marketing of EA SPORTS games containing ESPN content.

February 25, 2005 Disney sells Mighty Ducks of Anaheim to local philanthropist

The Walt Disney Company sells the

Mighty Ducks

of Anaheim to Dr. Henry

Samueli and his wife, Susan.

March 13, 2005 Bob Iger elected CEO of The Walt Disney Company

Disney’s Board of Directors announces that Robert A. Iger has been unanimous-

ly elected Chief Executive Ofﬁcer effective September 30, 2005.

March 29, 2005 Weinsteins and Walt Disney Studios Dissolve Their Partnership

The Walt Disney Studios and Miramax co-chairmen Bob and Harvey Weinstein

reach a mutual agreement concluding the Weinsteins current deal with The

Walt Disney Company.

April 18, 2005 Monday Night Football moves to ESPN

It was announced that Monday Night Football, the most successful series in

sports television history, will move to ESPN under an eight-year agreement

between ESPN and the National Football League.

April 19, 2005 Buena Vista Games acquires game development company

The Walt Disney Company acquires the game development company

Avalanche Software, and establishes a start-up development studio in Vancou-

ver, Canada.

Fact Book 2005

HISTORY

April 22, 2005 Disney Celebrates 35th Anniversary of Earth Day

The Walt Disney Company began celebrating Earth Day in 1992 with the distri-

bution of uniquely designed Earth Day buttons to Cast Members and Guests.

The effort expanded to include international audiences in 1994 and today, spe-

cial events are held in Disney Parks and Resorts worldwide. April 22nd marked

the 35th anniversary of Earth Day, a celebration that continues to bring environ-

mental initiatives to the forefront through proactive support from millions of

people celebrating this very special day.

May 5, 2005 Disney’s Happiest Celebration on Earth kicks off

The 50th Anniversary of Disneyland kicks off the worldwide

Happiest Celebra-

tion on Earth.

June 7, 2005 WDIG acquires Minds Eye Productions

The Walt Disney Internet Group acquires Minds Eye Productions, a leading

European interactive T.V. game developer.

June 20, 2005 Disney Channel comes to Cambodia

Walt Disney Television International announces the launch of Disney Channel

and Playhouse Disney Channel in Cambodia, making it the fourth Asian market

within six months to have launched Disney channels – this after launching into

Palau, Thailand and most recently, Vietnam.

June 21, 2005 Disney Princesses

Disney Consumer Products announces that Disney Princess will add another

jewel to her tiara in 2005: $3 billion in worldwide consumer products retail

sales. The young girls’ lifestyle brand continues to expand into more categories

and countries, such as India, and the brand is on track to become the largest

global girls franchise in 2006 with 40% growth in 2005 and 300% growth over

the last three years.

Fact Book 2005

HISTORY

July 6, 2005 Disney Mobile Agreement

The Walt Disney Internet Group and Sprint announce an agreement through

which Disney will create the ﬁrst national U.S. wireless phone service speciﬁ-

cally designed for families. The service, called Disney Mobile, will use the

Sprint Nationwide PCS Network and will launch in 2006.

July 16, 2005 Disney Presents $2 Million to the Make-A-Wish Foundation

During a star-studded fundraiser aboard the Disney Magic Cruise Ship on the

eve of the 50th Anniversary of Disneyland, Disney presents $2 million to the

Make-A-Wish Foundation.

July 17, 2005 Disneyland Celebrates 50 Years of Magic

Disneyland Park in Anaheim ofﬁcially celebrates its 50th birthday.

August 7, 2005 Peter Jennings Passes Away

Longtime ABC News Anchor, Peter Jennings, dies at the age of 67.

September 12, 2005 Hong Kong Disneyland Opens

Hong Kong Disneyland, Disney’s 11th vacation destination and ﬁrst theme park

in China, opens its gates.

September 14, 2005 Major League Baseball Agreement

ESPN and Major League Baseball reach an eight-year deal highlighted by the

continuation of ESPN’s Sunday Night Baseball series through 2013.

September 19, 2005 ABC’s Emmy Awards

ABC Television Network wins six Emmy Awards, more than any other broad-

cast network.

Fact Book 2005

HISTORY

September 21, 2005 Disney’s deal with Verizon

Verizon and The Walt Disney Company announce a long-term, wide-ranging pro-

gramming agreement for multiple Disney and ESPN networks and services. Under

the agreement, Verizon will carry 12 television services on Verizon FiOS TV’s expand-

ed basic, including ABC Family, ABC News Now, Disney Channel, ESPN, ESPN2,

ESPN Classic, ESPNEWS, ESPNU, ESPN HD, ESPN2 HD, Toon Disney and SOAPnet.

September 29, 2005 Raven Teams With Make-A-Wish

Four special little girls had their wish to meet Raven-Symoné granted during

a surprise trip to New York City care of Disney and the Make-A-Wish Founda-

tion®. The girls, ages 7 to 12, were ﬂown in from Kentucky, Philadelphia, Illinois

and California with their families to be Raven’s VIP guests for the launch party

of the That’s So Raven Mix Stick music player, fragrance and cosmetics.

October 2, 2005 Bob Iger becomes CEO

Bob Iger succeeds Michael Eisner as CEO of The Walt Disney Company, the

sixth CEO in the Company’s 82-year history.

October 6, 2005 50,000th Disney theme park wish

The Walt Disney Company and the Make-A-Wish Foundation celebrate the

50,000th Disney theme park wish, when ﬁve-year-old Christian Marlowe’s wish

to visit Disneyland Park and meet Mickey Mouse comes true.

October 12, 2005 TV shows available for download

Disney, ABC and Apple announce a deal to sell television shows online via

Apple’s iTunes download service.

Lost, Desperate Housewives,

and

That’s So

Raven

are some of the shows available for purchase.

October 19, 2005 WDIG acquires Living Mobile

The Walt Disney Internet Group acquires top European mobile game developer

and publisher, Living Mobile, the company’s ﬁrst in-house mobile game devel-

opment studio.

Fact Book 2005

HISTORY

November 2, 2005 Fifa World Cup

Agreement

ESPN, ABC Sports and ESPN2 announce they will provide exclusive English-

language telecasts of the FIFA World CupTM and the FIFA Women’s World Cup

for another eight years as part of a United States broadcast rights agreement

with the Fédération Internationale de Football Association.

November 4, 2005 Chicken Little hits theaters

Disney’s 72nd animated ﬁlm,

Chicken Little

, is released nationwide. In 85 spe-

cially selected theaters, the ﬁlm is presented in Disney Digital 3D, a brand new

state-of- the-art 3D technology developed by Industrial, Light & Magic.

November 16, 2005 BVI reaches $1 billion mark for 11th consecutive year

Buena Vista International once again crosses the $1 billion box-ofﬁce mark in

2005, extending its consecutive $1 billion performance streak to eleven years.

December 9, 2005 The Chronicles of Narnia is released

The Chronicles of Narnia: The Lion, The Witch and the Wardrobe

is released in

theatres worldwide, to critical acclaim and box-ofﬁce success.

December 13, 2005 ABC receives 16 Golden Globe nominations

The ABC Television Network receives 16 nominations for the 2006 Golden

Globe Awards, more that any other broadcast network and seven more than

ABC garnered last year.

December 19, 2005 Desperate Housewives debut in China

Touchstone Television hit series

“Desperate Housewives”

debuts in China on

state run CCTV8.

2004

January 7, 2004 ESPN Deportes launches as a 24-hour network

The Spanish-language sports network serves Spanish-speaking U.S. sports fans

with live events, news and information programming, highlighted by a Span-

ish-language SportsCenter.

Fact Book 2005

HISTORY

January 8, 2004 500 million...and still growing

The Disneyland Resort welcomes its 500 millionth guest at exactly 10:16 a.m.

May 15, 2004 The Disney family expands

The Walt Disney Company signs an agreement with The Jim Henson Company

to buy the Muppets.

June 29, 2004 ESPN The Magazine in China

ESPN The Magazine announces a Chinese-language edition will launch in Main-

land China and Hong Kong.

September 7, 2004 25 Years of Sports...

ESPN celebrates its 25th anniversary. The company has grown from one net-

work in 1979 to more than 50 business entities today. Two additional initiatives,

ESPNU, a multimedia college sports endeavor to launch March 4, 2005 and

ESPN2 HD, debuting January 6, 2005, are also announced.

September 10, 2004 Retirement announcement

Michael Eisner sends a letter to the Board, announcing his intention to retire as

CEO at the end of his contract.

November 5, 2004 The Incredibles opens nationwide

Walt Disney Pictures presentation of a Pixar Animation Studios ﬁlm,

The Incred-

ibles,

opens in theaters. The ﬁlm goes on to see great success at the worldwide

box ofﬁce and wins two Academy Awards® (for Best Animated Feature Film

and Achievement in Sound Editing).

November 21, 2004 The Disney Stores changes hands

The Children’s Place Retail Stores, Inc. and The Walt Disney Company ﬁnalize

the agreement announced in October 2004 for The Children’s Place to acquire

and operate, under a long-term licensing agreement, the Disney Store retail

chain in North America.

Fact Book 2005

HISTORY

December 1, 2004 ESPN on the Phone

ESPN announces it will create the ﬁrst national U.S. wireless phone service

speciﬁcally targeted at sports fans. The new service, Mobile ESPN, will launch

in 2006.

December 2, 2004 Magic Your Way

Walt Disney Theme Parks and Resorts announces an innovative new ticket plan

called “Magic Your Way” that allows Walt Disney World guests to create their

own tickets for a customized vacation.

December 15, 2004 Mary Poppins opens in London

Presented by Disney and Cameron Mackintosh, the musical Mary Poppins,

opens in London’s West End.

2003

March 24, 2003 Disney and Bank One partner for the Disney Visa

The Walt Disney Company and Bank One issue the Disney Bank One Visa. The

Visa card is Disney’s ﬁrst co-branded credit card, and offers a wide variety of

rewards including Disney merchandise, theme park tickets, hotel rooms and va-

cations at Walt Disney World Resort, Disneyland Resort and Disney Cruise Line.

April 18, 2003 Disney Channel celebrates 20 Years

The Disney Channel celebrates its 20th Anniversary. When it launched as a

pay cable net-work on April 18, 1983, Disney Channel aired 16 hours a day and

ended its debut season with 712,000 subscribers. Twenty years later, it’s a basic

cable network seen in more than 129 million homes with 23 international Dis-

ney Channels in more than 70 countries around the globe.

May 30, 2003 Nemo is the big ﬁsh

Disney / Pixar’s

Finding Nemo

swims to the No. 1 slot at the domestic box of-

ﬁce, grossing more than $70 million in its initial three days of release and going

on to gross more than $865 million worldwide.

Fact Book 2005

HISTORY

October 1, 2003 ESPN2 Anniversary

ESPN2 celebrates its 10th anniversary. The network is the second largest and

second most-viewed national sports network.

October 9, 2003 WDW Debuts an Out-of-this-World Attraction

Walt Disney Parks and Resorts unveils its latest attraction, Mission: SPACE,

located in Epcot at the Walt Disney World Resort. Presented by HP, Mission:

SPACE is a high intensity, thrill attraction that simulates a mission out of this

world.

November 18, 2003 Mickey Mouse turns 75

The mouse that started it all turns 75 and The Walt Disney Company celebrates

all year long.

2002

January 1, 2002 A decade of ESPN Radio

ESPN Radio celebrates its 10th Anniversary. ESPN Radio has grown from the

104 stations owned at the close of the Cap Cities / ABC acquisition to more than

700 stations nationwide by 2004, including 300 full-time afﬁliates that air ESPN

Radio 24/7.

January 22, 2002 ESPN, ABC Sports and the NBA partner

ESPN, ABC and the National Basketball Association (NBA) ﬁnalize a six-year

agreement beginning in 2002-03 to televise more than 100 regular- and post-

season games per year, including the NBA Finals, on ABC Sports, ESPN and

ESPN2. ESPN becomes the ﬁrst network to offer all four major national sports.

March 16, 2002 Disneyland Paris becomes a resort

Disneyland Resort Paris welcomes a second theme park, as Walt Disney Stu-

dios Park opens its gates. The Resort now has two theme parks, seven themed

hotels, Disney Village, a 27-hole golf course and many other entertainment,

shopping and dining experiences.

Fact Book 2005

HISTORY

April 1, 2002 The Disney Store Japan is acquired by Oriental Land Co., Ltd.

Oriental Land Co. Ltd., owner and operator of the Tokyo Disney Resort, acquires

The Disney Store Japan for $51 million in exchange for payment of annual

royalties based on retail sales to The Walt Disney Company.

September 25, 2002 ESPN in HD

ESPN announces plans to launch ESPN HD, a high-deﬁnition simulcast service

of its premier network ESPN. The service launched on March 30, 2003.

October 7, 2002 A Bug’s Land

A Bug’s Land

opens in the Bountiful Valley Farm section of Disney’s California

Adventure. The new area, inspired by Disney/Pixar’s animated ﬁlm

a bug’s life

features ﬁve attractions.

December 16, 2002 50 Years of Imagineering

Walt Disney Imagineering celebrates its 50th Anniversary. Disney Imagineers

are responsible for designing and building 10 Disney theme parks worldwide,

with an 11th – Hong Kong Disneyland – which opened September 12, 2005.

2001

February 8, 2001 Disney’s California Adventure shines in California

Disney’s California Adventure, the company’s sixth domestic theme park, opens

in Anaheim, California, featuring lands and attractions celebrating the adven-

ture, diversity and natural beauty of California.

April 1, 2001 ESPN goes ﬁshing

ESPN acquires the business assets of BASS, the world’s largest ﬁshing orga-

nization. One month later, ESPN Outdoors, encompassing BASS, the Great

Outdoor Games and nearly 1,000 hours of outdoors television programming,

is created.

Fact Book 2005

HISTORY

September 4, 2001 Tokyo Disneyland becomes a resort

Tokyo DisneySea, the second Disney theme park in Japan, opens adjacent to

Tokyo Disneyland. The park, inspired by the myths and legends of the sea, is

set majestically against the backdrop of Tokyo Bay, and is a wonderful blend of

old-world charm and futuristic adventure, history and fantasy.

October 1, 2001 Walt Disney World celebrates 30 Years

The Walt Disney World Resort celebrates its 30th anniversary since opening in

1971.

October 9, 2001 The One that Started It All premieres on Disney DVD

Snow White

is released on Disney DVD and sells more than 1 million copies on

its ﬁrst day in release.

October 24, 2001 Disney acquires Fox Family Worldwide

The Company acquires Fox Family Worldwide, Inc. (subsequently re-named

ABC Family Worldwide).

November 6, 2001 Disney thinks Einstein is a good match

The Walt Disney Company acquires The Baby Einstein Company, the award-

winning creator of highly innovative media products, toys and books for babies

and toddlers. The Baby Einstein Company, founded in 1996, develops and sells

products that expose babies to various forms of human expression--language,

poetry, music, art and science, through ways that are nurturing and fun.

December 5, 2001 Walt Disney World celebrates 100 Years of Magic

The 100 Years of Magic at Walt Disney World honors the 100th Anniversary of

Walt Disney’s birth with a 15-month long celebration including all-new parades

at all four parks, a new 12-story tall icon of the Sorcerer Mickey hat and new

special merchandise including Disney’s Magical Moments pins.

Fact Book 2005

HISTORY

2000

January 24, 2000 Bob Iger becomes President and COO

Robert A. Iger becomes president and chief operating ofﬁcer of The Walt Dis-

ney Company, as well as a member of its Board of Directors.

January 24, 2000 SOAPnet debuts

SOAPnet, the new Disney/ABC Cable Network’s 24-hour soap opera channel,

launches.

March 23, 2000 AIDA conquers Broadway

AIDA, a new musical by Elton John and Tim Rice, becomes the third Disney

theatrical production to open on Broadway.

November 30, 2000 ABC Building dedicated

Walt Disney Company President and COO Bob Iger dedicates the new ABC

Riverside building on the Disney lot in Burbank.

1990s

November 1, 1990 First international Disney Store opens

The ﬁrst international Disney Store opens on London’s Regent Street.

May 6, 1991 The Walt Disney Company joins the Dow

The Walt Disney Company replaces USX Corporation in the Dow Jones 30

Industrials.

April 12, 1992 Disneyland Paris opens

Euro Disney (later renamed Disneyland Paris) opens 20 miles outside of Paris,

France.

June 30, 1993 Miramax Films acquired

The Walt Disney Company acquires Miramax Film Corp.

Fact Book 2005

HISTORY

April 3, 1994 Tragedy strikes The Walt Disney Company

Frank Wells, president and chief operating ofﬁcer, dies.

April 18, 1994 Disney is the Belle of Broadway

Disney’s ﬁrst stage show, Beauty and the Beast: A New Musical, opens on

Broadway, breaking attendance and box ofﬁce records.

June 24, 1994 The Lion King debuts in theaters

Walt Disney Pictures releases The Lion King, which becomes Disney’s most

proﬁtable ﬁlm ever.

September 6, 1994 Disney Theme Parks pass a milestone

Disney theme parks welcome their one-billionth guest.

October 20, 1994 Euro Disney S.C.A reﬁnanced

The Walt Disney Company sells a portion of its shares in Euro Disney S.C.A.,

operator of Disneyland Paris, reducing its ownership interest to 39 percent.

July 31, 1995 Disney Announces its intention to buy Cap Cities/ABC

The Walt Disney Company announces its intention to acquire Capital Cities/ABC

for approximately $19 billion.

February 9, 1996 Disney completes acquisition of ABC

Disney completes the acquisition of ABC as approved by stockholders of both

Disney and Capital Cities/ABC in their respective special meetings of sharehold-

ers held in January in New York City.

February 22, 1996 Disney.com launched

Disney Online launches Disney.com to provide interactive online access to a

wealth of Disney information and services.

Fact Book 2005

HISTORY

May 22, 1996 Disney debuts on 5th Avenue

The world’s largest Disney Store to date, at 40,000 square feet, opens on New

York’s Fifth Avenue and sets the all-time record for single-day volume in a

Disney Store. This is later renamed the “World of Disney” store, which reports

under the Parks and Resorts segment, following the completion of the sale of

the Disney Store North America to The Children’s Place Retail Stores, Inc.

November 1, 1996 ESPNEWS debuts

ESPN, Inc., launches

ESPNEWS

, a 24-hour-a-day sports news network.

November 18, 1996 Radio Disney premieres

Radio Disney, a live, music-intensive radio network for children debuts, offer-

ing fun, high-energy entertainment and family-oriented programming for kids

under the age of 12.

January 28, 1997 E! has entertaining launch

Comcast Corporation and ABC Cable Networks agree to form a new organiza-

tion to acquire a majority interest in E! Entertainment Television.

February 24, 1997 Disney and Pixar join forces

Disney announces an agreement with Pixar to create ﬁve animated ﬁlms over

the next 10 years including A Bug’s Life (1998), Monsters, Inc. (2001), Finding

Nemo (2003), The Incredibles (2004) and Cars (2006).

April 3, 1997 Disney purchases stake in Starwave Corporation

Disney purchases a signiﬁcant equity stake in Starwave Corporation, a leading

producer of Internet media, and assumes operational control of the company.

April 4, 1997 Knight-Ridder, Inc. buys ABC Newspapers

Knight-Ridder, Inc. announces an agreement with Disney to purchase four

newspapers owned by ABC, Inc. for $1.65 billion.

Fact Book 2005

HISTORY

September 3, 1997 ESPN acquires Classic Sports Network

ESPN reaches an agreement to acquire Classic Sports Network, which features

the greatest games, heroes and stories in the history of sports. The network is

renamed ESPN Classic.

November 13, 1997 The Lion King: The Broadway Musical premieres

The Lion King: The Broadway Musical debuts on Broadway in the newly

refurbished New Amsterdam Theatre. The Lion King goes on to win six Tony

Awards including Best Musical, Best Director - Musical and Best Costuming.

October 1, 1999 The Millennium Celebration debuts at WDW

The 15-month Millennium Celebration at Walt Disney World begins as guests

“celebrate the future hand in hand.”

November 2, 1999 Hong Kong Disneyland Project announced

Disney announces it will partner with the Hong Kong SAR Government to de-

velop Hong Kong Disneyland, which opened September 12, 2005.

June 19, 1998 Disney common stock splits

Disney records a three-for-one stock split.

July 12, 1998 ESPN Zone scores in Baltimore

The ﬁrst ESPN Zone, a sports-themed restaurant and entertainment complex,

debuts in Baltimore, Md. There are currently eight ESPN Zones nationwide.

July 30, 1998 Disney Cruise Line launches

Disney Magic departs on its maiden voyage. Disney’s second cruise ship, Dis-

ney Wonder, launches the following summer.

July 8, 1999 ABC Entertainment Television Group created

Walt Disney Television Studio, including Buena Vista Television Productions,

and ABC’s Primetime Division join forces and become ABC Entertainment Tele-

vision Group.

Fact Book 2005

HISTORY

August 24, 1999 Disney sells Fairchild Publications, Inc.

Disney agrees to sell Fairchild Publications Inc., a subsidiary of ABC Inc. and

publisher of W, Jane and Women’s Wear Daily, to Advance Publications, Inc.

1980s

July 8, 1981 Walt Disney name acquired

Walt Disney Productions acquires the rights to Walt Disney’s name, likeness

and portrait, as well as the steam train and monorail systems at Disneyland,

from Retlaw for 888,461 shares of common stock, worth $46.2 million.

October 1, 1982 Epcot debuts at WDW

Epcot opens at Walt Disney World.

April 1, 1983 Walt Disney Pictures incorporates

Walt Disney Pictures is incorporated as a separate entity responsible for the

development, production and marketing of all live-action ﬁlms and commercial

television programming.

April 15, 1983 Tokyo Disneyland opens

Tokyo Disneyland opens six miles from downtown Tokyo.

April 18, 1983 The Disney Channel debuts

The Disney Channel ﬁrst broadcasts cable television programming.

March 9, 1984 First Touchstone Picture makes a splash

Touchstone Pictures releases its ﬁrst ﬁlm,

Splash

June 8, 1984 Hostile take-over announced

MM Acquisition Corporation announces its intent to take over and dismantle

Walt Disney Productions by offering $67.50 a share for Disney common stock.

Fact Book 2005

HISTORY

September 22, 1984 Disney enters a new era

Walt Disney Productions welcomes Michael D. Eisner as chairman and chief

executive ofﬁcer and Frank G. Wells as president and chief operating ofﬁcer.

February 6, 1986 The Walt Disney Company formed

Walt Disney Productions changes its name to The Walt Disney Company.

March 28, 1987 The Disney Store debuts

The ﬁrst Disney Store opens at the Glendale Galleria in Glendale, Calif.

January 21, 1988 Wrather Corporation acquired

Walt Disney Pictures is incorporated as a separate entity responsible for the

development, production and marketing of all live-action ﬁlms and commercial

television programming.

May 1, 1989 Disney-MGM Studios and Pleasure Island premiere at WDW

The Disney-MGM Studios Theme Park and the Pleasure Island entertainment

complex open at Walt Disney World.

November 6, 1989 Euro Disney SCA shares offered

Fifty-one percent of Euro Disney S.C.A.’s 170 million shares are offered to Eu-

ropean investors at FF72 per share. A subsidiary of The Walt Disney Company

owns the remaining 49 percent.

1970s

October 1, 1971 Walt Disney World opens

The Magic Kingdom opens at Walt Disney World.

December 20, 1971 Another legend passes

Roy O. Disney dies.

Fact Book 2005

HISTORY

1960s

July 6, 1960 Walt Disney Productions purchases remaining stake in Disneyland

Walt Disney Productions, Inc. purchases the remaining 34.5 percent interest in

Disneyland, Inc. for $7.5 million.

February 3, 1965 Walt Disney Productions consolidates again

Walt Disney Productions acquires WED Enterprises from Walt Disney for ap-

proximately $4 million.

December 15, 1966 The passing of a legend

Walt Disney dies.

1950s

December 16, 1952 WED Enterprises founded

WED Enterprises is founded as a private company owned solely by Walt Disney

to design and create Disneyland.

April 6, 1953 Retlaw Enterprises founded

Retlaw Enterprises is founded as a private company solely owned by Walt

Disney to control the merchandising rights to the name “Walt Disney.”

November 10, 1953 Premiere of

The Living Desert

Walt Disney Productions’ Buena Vista Pictures Distribution distributes its ﬁrst

ﬁlm,

The Living Desert.

October 27, 1954

Disneyland

television series debuts on ABC

Disneyland

, a one-hour weekly television series that ultimately aired for 29

seasons under six different titles, debuts on ABC.

Fact Book 2005

HISTORY

July 17, 1955 An American original

Disneyland ﬁrst opens its gates in Anaheim, California. Walt Disney Produc-

tions invests $500,000 to own 34.5 percent of Disneyland, Inc., the company

that owns Disneyland.

October 3, 1955

The Mickey Mouse Club

airs on ABC

The Mickey Mouse

Club ﬁrst airs on ABC.

June 19, 1957 Walt Disney Productions exercises Disneyland options

Walt Disney Productions, Inc. exercises options to purchase an additional 31.0

percent stake in Disneyland, Inc. for $528,810.

1940s

April 2, 1940 First Preferred Shares issued

Walt Disney Productions, Ltd. issues 155,000 shares of 6 percent cumulative

convertible preferred stock in the over-the-counter market.

May 6, 1940 Walt Disney Productions moves to Burbank

Walt Disney Productions, Ltd. completes its move to its new studio lot in Bur-

bank, Calif. from Hollywood, Calif.

1930s

September 5, 1930 Pluto debuts

Pluto makes his cartoon short debut in

The Chain Gang.

May 25, 1932 Goofy is introduced

Disney introduces Goofy to the public in the cartoon short

Mickey’s Revue

July 30, 1932

Flowers and Trees

premieres

Flowers and Trees,

the ﬁrst full-color animated ﬁlm, premieres and later earns

Walt Disney his ﬁrst Academy Award® for Best Cartoon Short Subject.

Fact Book 2005

HISTORY

June 1, 1933 Ingersoll-Waterbury Co. makes history

Ingersoll-Waterbury Co. sells the ﬁrst Mickey Mouse watch.

June 9, 1934 Donald Duck debuts

Donald Duck ﬁrst appears in The Wise Little Hen.

December 21, 1937 Premiere of Snow White and the Seven Dwarfs

Snow White and the Seven Dwarfs, the ﬁrst feature-length animated ﬁlm, pre-

mieres accompanied by the ﬁrst comprehensive merchandise campaign.

September 29, 1938 Walt Disney Productions, Ltd. consolidates

Walt Disney Productions, Ltd. absorbs the three other Disney companies cre-

ated in 1929.

1920s

October 16, 1923 The Alice Comedies created

Walter E. and Roy O. Disney establish The Disney Brothers Studio in a contract

with M.J. Winkler for a series of animated short subjects entitled the Alice

Comedies.

November 18, 1928 Steamboat Willie debuts

Mickey and Minnie Mouse debut in Steamboat Willie, Disney’s ﬁrst animated

ﬁlm with sound effects and dialogue.

December 16, 1929 Walt Disney Productions, Ltd. formed

The Disney Brothers partnership is replaced by Walt Disney Productions, Ltd.;

Walt Disney Enterprises; Liled Realty and Investment Company; and the Disney

Film Recording Company.

Fact Book 2005

FINANCIALS

NCIALS

Fact Book 2005

FINANCIALS

The Walt Disney Company

Consolidated Statements of Income

(In millions, except per share data)

Revenues:

Media Networks

13,207

11,778

Parks and Resorts

9,023

7,750

Studio Entertainment

7,587

8,713

Consumer Products

2,127

2,511

Total revenues

31,944

30,752

Segment operating income:

Media Networks

2,749

2,169

Parks and Resorts

1,178

1,123

Studio Entertainment

207

662

Consumer Products

520

534

Total segment operating income

4,654

4,488

Corporate and unallocated shared expenses

(536 )

(428 )

Amortization of intangible assets

(11 )

(12 )

Gain on sale of business

and restructuring and impairment charges

(6 )

(64 )

Net interest expense

(597 )

(617 )

Equity in the income of investees

483

372

Income before income taxes, minority interests

and the cumulative effect of accounting change

3,987

3,739

Income taxes

(1,241 )

(1,197 )

Minority interests

(177 )

(197 )

Income before the cumulative effect

of accounting change

2,569

2,345

Cumulative effect of accounting change:

EITF D-108

Use of Residual Method to Value

Acquired Assets Other than Goodwill

(36 )

Net income

2,533

2,345

Earnings per share before the cumulative effect

of accounting change:

Diluted (1)

1.24

1.12

Basic

1.27

1.14

Cumulative effect of accounting change per share:

EITF D-108

Use of Residual Method to Value

Acquired Assets Other than Goodwill

(0.02 )

Earnings per share:

Diluted (1)

1.22

1.12

Basic

1.25

1.14

Average number of common and common

equivalent shares outstanding:

Diluted

2,089

2,106

Basic

2,028

2,049

(1) The calculation of diluted earnings per share assumes the conversion of the Company's convertible

senior notes issued in April 2003 into 45 million shares of common stock, and adds back related

after-tax interest expense of $21 million for fiscal 2005 and 2004.

Depreciation expense is as follows:

Media Networks

182

172

Parks and Resorts

Domestic

756

710

International (1)

207

Studio Entertainment

Consumer Products

Segment depreciation expense

1,196

1,043

Corporate

132

155

Consolidated depreciation expense

1,328

1,198

(1) Represents 100% of Euro Disney and Hong Kong Disneyland's depreciation expense for all periods

since the Company began consolidating the results of operations and cash flows of these businesses

beginning April 1, 2004.

Supplemental revenue, segment operating income, and depreciation expense detail for the Media

Networks segment is as follows:

Revenues:

Cable Networks

7,262

6,410

Broadcasting

5,945

5,368

13,207

11,778

Segment operating income:

Cable Networks

2,285

1,924

Broadcasting

464

245

2,749

2,169

Depreciation expense:

Cable Networks

Broadcasting

102

182

172

2005

2004

Fact Book 2005

FINANCIALS

The Walt Disney Company

Consolidated Statements of Income

(In millions, except per share data)

Revenues:

Media Networks

13,207

11,778

Parks and Resorts

9,023

7,750

Studio Entertainment

7,587

8,713

Consumer Products

2,127

2,511

Total revenues

31,944

30,752

Segment operating income:

Media Networks

2,749

2,169

Parks and Resorts

1,178

1,123

Studio Entertainment

207

662

Consumer Products

520

534

Total segment operating income

4,654

4,488

Corporate and unallocated shared expenses

(536 )

(428 )

Amortization of intangible assets

(11 )

(12 )

Gain on sale of business

and restructuring and impairment charges

(6 )

(64 )

Net interest expense

(597 )

(617 )

Equity in the income of investees

483

372

Income before income taxes, minority interests

and the cumulative effect of accounting change

3,987

3,739

Income taxes

(1,241 )

(1,197 )

Minority interests

(177 )

(197 )

Income before the cumulative effect

of accounting change

2,569

2,345

Cumulative effect of accounting change:

EITF D-108

Use of Residual Method to Value

Acquired Assets Other than Goodwill

(36 )

Net income

2,533

2,345

Earnings per share before the cumulative effect

of accounting change:

Diluted (1)

1.24

1.12

Basic

1.27

1.14

Cumulative effect of accounting change per share:

EITF D-108

Use of Residual Method to Value

Acquired Assets Other than Goodwill

(0.02 )

Earnings per share:

Diluted (1)

1.22

1.12

Basic

1.25

1.14

Average number of common and common

equivalent shares outstanding:

Diluted

2,089

2,106

Basic

2,028

2,049

(1) The calculation of diluted earnings per share assumes the conversion of the Company's convertible

senior notes issued in April 2003 into 45 million shares of common stock, and adds back related

after-tax interest expense of $21 million for fiscal 2005 and 2004.

Depreciation expense is as follows:

Media Networks

182

172

Parks and Resorts

Domestic

756

710

International (1)

207

Studio Entertainment

Consumer Products

Segment depreciation expense

1,196

1,043

Corporate

132

155

Consolidated depreciation expense

1,328

1,198

(1) Represents 100% of Euro Disney and Hong Kong Disneyland's depreciation expense for all periods

since the Company began consolidating the results of operations and cash flows of these businesses

beginning April 1, 2004.

Supplemental revenue, segment operating income, and depreciation expense detail for the Media

Networks segment is as follows:

Revenues:

Cable Networks

7,262

6,410

Broadcasting

5,945

5,368

13,207

11,778

Segment operating income:

Cable Networks

2,285

1,924

Broadcasting

464

245

2,749

2,169

Depreciation expense:

Cable Networks

Broadcasting

102

182

172

2005

2004

The Walt Disney Company

Consolidated Statements of Income

(In millions, except per share data)

Revenues:

Media Networks

13,207

11,778

Parks and Resorts

9,023

7,750

Studio Entertainment

7,587

8,713

Consumer Products

2,127

2,511

Total revenues

31,944

30,752

Segment operating income:

Media Networks

2,749

2,169

Parks and Resorts

1,178

1,123

Studio Entertainment

207

662

Consumer Products

520

534

Total segment operating income

4,654

4,488

Corporate and unallocated shared expenses

(536 )

(428 )

Amortization of intangible assets

(11 )

(12 )

Gain on sale of business

and restructuring and impairment charges

(6 )

(64 )

Net interest expense

(597 )

(617 )

Equity in the income of investees

483

372

Income before income taxes, minority interests

and the cumulative effect of accounting change

3,987

3,739

Income taxes

(1,241 )

(1,197 )

Minority interests

(177 )

(197 )

Income before the cumulative effect

of accounting change

2,569

2,345

Cumulative effect of accounting change:

EITF D-108

Use of Residual Method to Value

Acquired Assets Other than Goodwill

(36 )

Net income

2,533

2,345

Earnings per share before the cumulative effect

of accounting change:

Diluted (1)

1.24

1.12

Basic

1.27

1.14

Cumulative effect of accounting change per share:

EITF D-108

Use of Residual Method to Value

Acquired Assets Other than Goodwill

(0.02 )

Earnings per share:

Diluted (1)

1.22

1.12

Basic

1.25

1.14

Average number of common and common

equivalent shares outstanding:

Diluted

2,089

2,106

Basic

2,028

2,049

(1) The calculation of diluted earnings per share assumes the conversion of the Company's convertible

senior notes issued in April 2003 into 45 million shares of common stock, and adds back related

after-tax interest expense of $21 million for fiscal 2005 and 2004.

Depreciation expense is as follows:

Media Networks

182

172

Parks and Resorts

Domestic

756

710

International (1)

207

Studio Entertainment

Consumer Products

Segment depreciation expense

1,196

1,043

Corporate

132

155

Consolidated depreciation expense

1,328

1,198

(1) Represents 100% of Euro Disney and Hong Kong Disneyland's depreciation expense for all periods

since the Company began consolidating the results of operations and cash flows of these businesses

beginning April 1, 2004.

Supplemental revenue, segment operating income, and depreciation expense detail for the Media

Networks segment is as follows:

Revenues:

Cable Networks

7,262

6,410

Broadcasting

5,945

5,368

13,207

11,778

Segment operating income:

Cable Networks

2,285

1,924

Broadcasting

464

245

2,749

2,169

Depreciation expense:

Cable Networks

Broadcasting

102

182

172

2005

2004

Fact Book 2005

FINANCIALS

The Walt Disney Company

Consolidated Statements of Income

(In millions, except per share data)

Revenues:

Media Networks

13,207

11,778

Parks and Resorts

9,023

7,750

Studio Entertainment

7,587

8,713

Consumer Products

2,127

2,511

Total revenues

31,944

30,752

Segment operating income:

Media Networks

2,749

2,169

Parks and Resorts

1,178

1,123

Studio Entertainment

207

662

Consumer Products

520

534

Total segment operating income

4,654

4,488

Corporate and unallocated shared expenses

(536 )

(428 )

Amortization of intangible assets

(11 )

(12 )

Gain on sale of business

and restructuring and impairment charges

(6 )

(64 )

Net interest expense

(597 )

(617 )

Equity in the income of investees

483

372

Income before income taxes, minority interests

and the cumulative effect of accounting change

3,987

3,739

Income taxes

(1,241 )

(1,197 )

Minority interests

(177 )

(197 )

Income before the cumulative effect

of accounting change

2,569

2,345

Cumulative effect of accounting change:

EITF D-108

Use of Residual Method to Value

Acquired Assets Other than Goodwill

(36 )

Net income

2,533

2,345

Earnings per share before the cumulative effect

of accounting change:

Diluted (1)

1.24

1.12

Basic

1.27

1.14

Cumulative effect of accounting change per share:

EITF D-108

Use of Residual Method to Value

Acquired Assets Other than Goodwill

(0.02 )

Earnings per share:

Diluted (1)

1.22

1.12

Basic

1.25

1.14

Average number of common and common

equivalent shares outstanding:

Diluted

2,089

2,106

Basic

2,028

2,049

(1) The calculation of diluted earnings per share assumes the conversion of the Company's convertible

senior notes issued in April 2003 into 45 million shares of common stock, and adds back related

after-tax interest expense of $21 million for fiscal 2005 and 2004.

Depreciation expense is as follows:

Media Networks

182

172

Parks and Resorts

Domestic

756

710

International (1)

207

Studio Entertainment

Consumer Products

Segment depreciation expense

1,196

1,043

Corporate

132

155

Consolidated depreciation expense

1,328

1,198

(1) Represents 100% of Euro Disney and Hong Kong Disneyland's depreciation expense for all periods

since the Company began consolidating the results of operations and cash flows of these businesses

beginning April 1, 2004.

Supplemental revenue, segment operating income, and depreciation expense detail for the Media

Networks segment is as follows:

Revenues:

Cable Networks

7,262

6,410

Broadcasting

5,945

5,368

13,207

11,778

Segment operating income:

Cable Networks

2,285

1,924

Broadcasting

464

245

2,749

2,169

Depreciation expense:

Cable Networks

Broadcasting

102

182

172

2005

2004

The Walt Disney Company

Consolidated Statements of Income

(In millions, except per share data)

Revenues:

Media Networks

13,207

11,778

Parks and Resorts

9,023

7,750

Studio Entertainment

7,587

8,713

Consumer Products

2,127

2,511

Total revenues

31,944

30,752

Segment operating income:

Media Networks

2,749

2,169

Parks and Resorts

1,178

1,123

Studio Entertainment

207

662

Consumer Products

520

534

Total segment operating income

4,654

4,488

Corporate and unallocated shared expenses

(536 )

(428 )

Amortization of intangible assets

(11 )

(12 )

Gain on sale of business

and restructuring and impairment charges

(6 )

(64 )

Net interest expense

(597 )

(617 )

Equity in the income of investees

483

372

Income before income taxes, minority interests

and the cumulative effect of accounting change

3,987

3,739

Income taxes

(1,241 )

(1,197 )

Minority interests

(177 )

(197 )

Income before the cumulative effect

of accounting change

2,569

2,345

Cumulative effect of accounting change:

EITF D-108

Use of Residual Method to Value

Acquired Assets Other than Goodwill

(36 )

Net income

2,533

2,345

Earnings per share before the cumulative effect

of accounting change:

Diluted (1)

1.24

1.12

Basic

1.27

1.14

Cumulative effect of accounting change per share:

EITF D-108

Use of Residual Method to Value

Acquired Assets Other than Goodwill

(0.02 )

Earnings per share:

Diluted (1)

1.22

1.12

Basic

1.25

1.14

Average number of common and common

equivalent shares outstanding:

Diluted

2,089

2,106

Basic

2,028

2,049

(1) The calculation of diluted earnings per share assumes the conversion of the Company's convertible

senior notes issued in April 2003 into 45 million shares of common stock, and adds back related

after-tax interest expense of $21 million for fiscal 2005 and 2004.

Depreciation expense is as follows:

Media Networks

182

172

Parks and Resorts

Domestic

756

710

International (1)

207

Studio Entertainment

Consumer Products

Segment depreciation expense

1,196

1,043

Corporate

132

155

Consolidated depreciation expense

1,328

1,198

(1) Represents 100% of Euro Disney and Hong Kong Disneyland's depreciation expense for all periods

since the Company began consolidating the results of operations and cash flows of these businesses

beginning April 1, 2004.

Supplemental revenue, segment operating income, and depreciation expense detail for the Media

Networks segment is as follows:

Revenues:

Cable Networks

7,262

6,410

Broadcasting

5,945

5,368

13,207

11,778

Segment operating income:

Cable Networks

2,285

1,924

Broadcasting

464

245

2,749

2,169

Depreciation expense:

Cable Networks

Broadcasting

102

182

172

2005

2004

Fact Book 2005

FINANCIALS

The Walt Disney Company

Consolidated Balance Sheets

(In millions, except per share data)

October 1,

September 30,

2005

2004

ASSETS

Current assets

Cash and cash equivalents

1,723

2,042

Receivables

4,585

4,558

Inventories

626

775

Television costs

510

484

Deferred income taxes

749

772

Other current assets

652

738

Total current assets

8,845

9,369

Film and television costs

5,427

5,938

Investments

1,226

1,292

Parks, resorts and other property, at cost

Attractions, buildings and equipment

27,570

25,168

Accumulated depreciation

(12,605 )

(11,665 )

14,965

13,503

Projects in progress

874

1,852

Land

1,129

1,127

16,968

16,482

Intangible assets, net

2,731

2,815

Goodwill

16,974

16,966

Other assets

987

1,040

53,158

53,902

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities

Accounts payable and other accrued liabilities

5,339

5,623

Current portion of borrowings

2,310

4,093

Unearned royalties and other advances

1,519

1,343

Total current liabilities

9,168

11,059

Borrowings

10,157

9,395

Deferred income taxes

2,430

2,950

Other long-term liabilities

3,945

3,619

Minority interests

1,248

798

Commitments and contingencies

Shareholders' equity

Preferred stock, $0.01 par value

Authorized - 100 million shares; Issued - none

Common Stock

Common stock - $0.01 par value

Authorized - 3.6 billion shares

Issued - 2.2 billion shares at

October 1, 2005 and 2.1 billion at

September 30, 2004

13,288

12,447

Retained earnings

17,775

15,732

Accumulated other comprehensive loss

(572 )

(236 )

30,491

27,943

Treasury stock, at cost, 192.8 million shares

at October 1, 2005 and 101.6 million shares

at September 30, 2004

(4,281 )

(1,862 )

26,210

26,081

53,158

53,902

The Walt Disney Company

Consolidated Balance Sheets

(In millions, except per share data)

October 1,

September 30,

2005

2004

ASSETS

Current assets

Cash and cash equivalents

1,723

2,042

Receivables

4,585

4,558

Inventories

626

775

Television costs

510

484

Deferred income taxes

749

772

Other current assets

652

738

Total current assets

8,845

9,369

Film and television costs

5,427

5,938

Investments

1,226

1,292

Parks, resorts and other property, at cost

Attractions, buildings and equipment

27,570

25,168

Accumulated depreciation

(12,605 )

(11,665 )

14,965

13,503

Projects in progress

874

1,852

Land

1,129

1,127

16,968

16,482

Intangible assets, net

2,731

2,815

Goodwill

16,974

16,966

Other assets

987

1,040

53,158

53,902

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities

Accounts payable and other accrued liabilities

5,339

5,623

Current portion of borrowings

2,310

4,093

Unearned royalties and other advances

1,519

1,343

Total current liabilities

9,168

11,059

Borrowings

10,157

9,395

Deferred income taxes

2,430

2,950

Other long-term liabilities

3,945

3,619

Minority interests

1,248

798

Commitments and contingencies

Shareholders' equity

Preferred stock, $0.01 par value

Authorized - 100 million shares; Issued - none

Common Stock

Common stock - $0.01 par value

Authorized - 3.6 billion shares

Issued - 2.2 billion shares at

October 1, 2005 and 2.1 billion at

September 30, 2004

13,288

12,447

Retained earnings

17,775

15,732

Accumulated other comprehensive loss

(572 )

(236 )

30,491

27,943

Treasury stock, at cost, 192.8 million shares

at October 1, 2005 and 101.6 million shares

at September 30, 2004

(4,281 )

(1,862 )

26,210

26,081

53,158

53,902

Fact Book 2005

FINANCIALS

The Walt Disney Company

Consolidated Balance Sheets

(In millions, except per share data)

October 1,

September 30,

2005

2004

ASSETS

Current assets

Cash and cash equivalents

1,723

2,042

Receivables

4,585

4,558

Inventories

626

775

Television costs

510

484

Deferred income taxes

749

772

Other current assets

652

738

Total current assets

8,845

9,369

Film and television costs

5,427

5,938

Investments

1,226

1,292

Parks, resorts and other property, at cost

Attractions, buildings and equipment

27,570

25,168

Accumulated depreciation

(12,605 )

(11,665 )

14,965

13,503

Projects in progress

874

1,852

Land

1,129

1,127

16,968

16,482

Intangible assets, net

2,731

2,815

Goodwill

16,974

16,966

Other assets

987

1,040

53,158

53,902

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities

Accounts payable and other accrued liabilities

5,339

5,623

Current portion of borrowings

2,310

4,093

Unearned royalties and other advances

1,519

1,343

Total current liabilities

9,168

11,059

Borrowings

10,157

9,395

Deferred income taxes

2,430

2,950

Other long-term liabilities

3,945

3,619

Minority interests

1,248

798

Commitments and contingencies

Shareholders' equity

Preferred stock, $0.01 par value

Authorized - 100 million shares; Issued - none

Common Stock

Common stock - $0.01 par value

Authorized - 3.6 billion shares

Issued - 2.2 billion shares at

October 1, 2005 and 2.1 billion at

September 30, 2004

13,288

12,447

Retained earnings

17,775

15,732

Accumulated other comprehensive loss

(572 )

(236 )

30,491

27,943

Treasury stock, at cost, 192.8 million shares

at October 1, 2005 and 101.6 million shares

at September 30, 2004

(4,281 )

(1,862 )

26,210

26,081

53,158

53,902

The Walt Disney Company

Consolidated Balance Sheets

(In millions, except per share data)

October 1,

September 30,

2005

2004

ASSETS

Current assets

Cash and cash equivalents

1,723

2,042

Receivables

4,585

4,558

Inventories

626

775

Television costs

510

484

Deferred income taxes

749

772

Other current assets

652

738

Total current assets

8,845

9,369

Film and television costs

5,427

5,938

Investments

1,226

1,292

Parks, resorts and other property, at cost

Attractions, buildings and equipment

27,570

25,168

Accumulated depreciation

(12,605 )

(11,665 )

14,965

13,503

Projects in progress

874

1,852

Land

1,129

1,127

16,968

16,482

Intangible assets, net

2,731

2,815

Goodwill

16,974

16,966

Other assets

987

1,040

53,158

53,902

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities

Accounts payable and other accrued liabilities

5,339

5,623

Current portion of borrowings

2,310

4,093

Unearned royalties and other advances

1,519

1,343

Total current liabilities

9,168

11,059

Borrowings

10,157

9,395

Deferred income taxes

2,430

2,950

Other long-term liabilities

3,945

3,619

Minority interests

1,248

798

Commitments and contingencies

Shareholders' equity

Preferred stock, $0.01 par value

Authorized - 100 million shares; Issued - none

Common Stock

Common stock - $0.01 par value

Authorized - 3.6 billion shares

Issued - 2.2 billion shares at

October 1, 2005 and 2.1 billion at

September 30, 2004

13,288

12,447

Retained earnings

17,775

15,732

Accumulated other comprehensive loss

(572 )

(236 )

30,491

27,943

Treasury stock, at cost, 192.8 million shares

at October 1, 2005 and 101.6 million shares

at September 30, 2004

(4,281 )

(1,862 )

26,210

26,081

53,158

53,902

Fact Book 2005

FINANCIALS

100

The Walt Disney Company

Consolidated Statements of Cash Flows

(In millions)

2005

2004

OPERATING ACTIVITIES

Net income

2,533

2,345

Depreciation and amortization

1,339

1,210

Deferred income taxes

(262 )

(98 )

Equity in the income of investees

(483 )

(372 )

Cash distributions received from equity investees

402

408

Restructuring and impairment charges

Write-off of aircraft leveraged lease

101

Cumulative effect of accounting changes

Minority interests

177

197

Net change in film and television costs

568

325

Equity based compensation

380

Other

(167 )

(43 )

Changes in operating assets and liabilities

Receivables

(157 )

(16 )

Inventories

(40 )

Other assets

(85 )

(147 )

Accounts payable and other accrued liabilities

(257 )

560

Income taxes

122

(93 )

Cash provided by operations

4,269

4,370

INVESTING ACTIVITIES

Investments in parks, resorts and other property

(1,823 )

(1,427 )

Working capital proceeds from The Disney Store

North America sale

100

Acquisitions

(9 )

(48 )

Dispositions

Other

(9 )

Cash used by investing activities

(1,691 )

(1,484 )

FINANCING ACTIVITIES

Commercial paper borrowings, net

654

100

Borrowings

422

176

Reduction of borrowings

(1,775 )

(2,479 )

Repurchases of common stock

(2,420 )

(335 )

Dividends

(490 )

(430 )

Equity partner contribution

147

Euro Disney equity offering

171

Exercise of stock options

394

201

Cash used by financing activities

(2,897 )

(2,701 )

(Decrease)/increase in cash and cash equivalents

(319 )

185

Cash and cash equivalents due to the initial

consolidation of Euro Disney and

Hong Kong Disneyland

274

Cash and cash equivalents, beginning of year

2,042

1,583

Cash and cash equivalents, end of year

1,723

2,042

Supplemental disclosure of cash flow information:

Interest paid

641

624

Income taxes paid

1,572

1,349

The Walt Disney Company

Consolidated Statements of Cash Flows

(In millions)

2005

2004

OPERATING ACTIVITIES

Net income

2,533

2,345

Depreciation and amortization

1,339

1,210

Deferred income taxes

(262 )

(98 )

Equity in the income of investees

(483 )

(372 )

Cash distributions received from equity investees

402

408

Restructuring and impairment charges

Write-off of aircraft leveraged lease

101

Cumulative effect of accounting changes

Minority interests

177

197

Net change in film and television costs

568

325

Equity based compensation

380

Other

(167 )

(43 )

Changes in operating assets and liabilities

Receivables

(157 )

(16 )

Inventories

(40 )

Other assets

(85 )

(147 )

Accounts payable and other accrued liabilities

(257 )

560

Income taxes

122

(93 )

Cash provided by operations

4,269

4,370

INVESTING ACTIVITIES

Investments in parks, resorts and other property

(1,823 )

(1,427 )

Working capital proceeds from The Disney Store

North America sale

100

Acquisitions

(9 )

(48 )

Dispositions

Other

(9 )

Cash used by investing activities

(1,691 )

(1,484 )

FINANCING ACTIVITIES

Commercial paper borrowings, net

654

100

Borrowings

422

176

Reduction of borrowings

(1,775 )

(2,479 )

Repurchases of common stock

(2,420 )

(335 )

Dividends

(490 )

(430 )

Equity partner contribution

147

Euro Disney equity offering

171

Exercise of stock options

394

201

Cash used by financing activities

(2,897 )

(2,701 )

(Decrease)/increase in cash and cash equivalents

(319 )

185

Cash and cash equivalents due to the initial

consolidation of Euro Disney and

Hong Kong Disneyland

274

Cash and cash equivalents, beginning of year

2,042

1,583

Cash and cash equivalents, end of year

1,723

2,042

Supplemental disclosure of cash flow information:

Interest paid

641

624

Income taxes paid

1,572

1,349

Fact Book 2005

FINANCIALS

101

The Walt Disney Company

Consolidated Statements of Cash Flows

(In millions)

2005

2004

OPERATING ACTIVITIES

Net income

2,533

2,345

Depreciation and amortization

1,339

1,210

Deferred income taxes

(262 )

(98 )

Equity in the income of investees

(483 )

(372 )

Cash distributions received from equity investees

402

408

Restructuring and impairment charges

Write-off of aircraft leveraged lease

101

Cumulative effect of accounting changes

Minority interests

177

197

Net change in film and television costs

568

325

Equity based compensation

380

Other

(167 )

(43 )

Changes in operating assets and liabilities

Receivables

(157 )

(16 )

Inventories

(40 )

Other assets

(85 )

(147 )

Accounts payable and other accrued liabilities

(257 )

560

Income taxes

122

(93 )

Cash provided by operations

4,269

4,370

INVESTING ACTIVITIES

Investments in parks, resorts and other property

(1,823 )

(1,427 )

Working capital proceeds from The Disney Store

North America sale

100

Acquisitions

(9 )

(48 )

Dispositions

Other

(9 )

Cash used by investing activities

(1,691 )

(1,484 )

FINANCING ACTIVITIES

Commercial paper borrowings, net

654

100

Borrowings

422

176

Reduction of borrowings

(1,775 )

(2,479 )

Repurchases of common stock

(2,420 )

(335 )

Dividends

(490 )

(430 )

Equity partner contribution

147

Euro Disney equity offering

171

Exercise of stock options

394

201

Cash used by financing activities

(2,897 )

(2,701 )

(Decrease)/increase in cash and cash equivalents

(319 )

185

Cash and cash equivalents due to the initial

consolidation of Euro Disney and

Hong Kong Disneyland

274

Cash and cash equivalents, beginning of year

2,042

1,583

Cash and cash equivalents, end of year

1,723

2,042

Supplemental disclosure of cash flow information:

Interest paid

641

624

Income taxes paid

1,572

1,349

The Walt Disney Company

Consolidated Statements of Cash Flows

(In millions)

2005

2004

OPERATING ACTIVITIES

Net income

2,533

2,345

Depreciation and amortization

1,339

1,210

Deferred income taxes

(262 )

(98 )

Equity in the income of investees

(483 )

(372 )

Cash distributions received from equity investees

402

408

Restructuring and impairment charges

Write-off of aircraft leveraged lease

101

Cumulative effect of accounting changes

Minority interests

177

197

Net change in film and television costs

568

325

Equity based compensation

380

Other

(167 )

(43 )

Changes in operating assets and liabilities

Receivables

(157 )

(16 )

Inventories

(40 )

Other assets

(85 )

(147 )

Accounts payable and other accrued liabilities

(257 )

560

Income taxes

122

(93 )

Cash provided by operations

4,269

4,370

INVESTING ACTIVITIES

Investments in parks, resorts and other property

(1,823 )

(1,427 )

Working capital proceeds from The Disney Store

North America sale

100

Acquisitions

(9 )

(48 )

Dispositions

Other

(9 )

Cash used by investing activities

(1,691 )

(1,484 )

FINANCING ACTIVITIES

Commercial paper borrowings, net

654

100

Borrowings

422

176

Reduction of borrowings

(1,775 )

(2,479 )

Repurchases of common stock

(2,420 )

(335 )

Dividends

(490 )

(430 )

Equity partner contribution

147

Euro Disney equity offering

171

Exercise of stock options

394

201

Cash used by financing activities

(2,897 )

(2,701 )

(Decrease)/increase in cash and cash equivalents

(319 )

185

Cash and cash equivalents due to the initial

consolidation of Euro Disney and

Hong Kong Disneyland

274

Cash and cash equivalents, beginning of year

2,042

1,583

Cash and cash equivalents, end of year

1,723

2,042

Supplemental disclosure of cash flow information:

Interest paid

641

624

Income taxes paid

1,572

1,349

Fact Book 2005

FINANCIALS

102

The Walt Disney Company

Consolidated Statements of Income

Fiscal 2005

(In millions, except per share data)

Year

Quarter ended

ended

Jan 1

Apr 2

Jul 2

Oct 1

Revenues:

Media Networks

3,461

3,008

3,386

3,352 $ 13,207

Parks and Resorts

2,118

2,096

2,449

2,360

9,023

Studio Entertainment

2,362

2,260

1,462

1,503

7,587

Consumer Products

725

465

418

519

2,127

Total revenues

8,666

7,829

7,715

7,734 $ 31,944

Segment operating income:

Media Networks

444

700

973

632 $

2,749

Parks and Resorts

249

183

437

309

1,178

Studio Entertainment

323

241

(44 )

(313 )

207

Consumer Products

226

106

132

520

Total segment

operating income (1)

1,242

1,230

1,422

760

4,654

Corporate and unallocated

shared expenses

(124 )

(118 )

(137 )

(157 )

(536 )

Amortization of

intangible assets

(2 )

(3 )

(11 )

Gain on the sale of business

and restructuring and

impairment charges

(17 )

(7 )

(6 )

Net interest expense

(140 )

(90 )

(134 )

(233 )

(597 )

Equity in the income

of investees

125

113

125

120

483

Income before income taxes,

minority interests and

the cumulative effect of

accounting change

1,084

1,125

1,297

481

3,987

Income taxes

(372 )

(414 )

(439 )

(16 )

(1,241 )

Minority interests

(26 )

(54 )

(47 )

(50 )

(177 )

Income before the cumulative

effect of accounting change

686

657

811

415

2,569

Cumulative effect of

accounting change

(36 )

Net income

686

657

811

379 $

2,533

Earnings per share:

Diluted EPS before

the cumulative effect of

accounting change (2)(3)

0.33

0.31

0.39

0.20 $

1.24

Diluted EPS (3)

0.33

0.31

0.39

0.19 $

1.22

Basic EPS before the

cumulative effect of

accounting change

0.34

0.32

0.40

0.21 $

1.27

Basic EPS

0.34

0.32

0.40

0.19 $

1.25

Average number of common and common

equivalent shares outstanding:

Diluted

2,107

2,114

2,096

2,053

2,089

Basic

2,042

2,044

2,031

1,995

2,028

(1) Segment operating income is a non-GAAP financial measure. The associated

GAAP financial measure is income before the cumulative effect of accounting

change. A reconciliation of the two income financial measures is noted above.

(2) EPS for the year does not equal the sum of the quarters due to rounding.

(3) The calculation of diluted earnings per share assumes the conversion of the

Company’s convertible senior notes issued in April 2003 into 45 million shares of

common stock, and adds back related after-tax interest expense of $5 million,

$6 million, $5 million, $5 million and $21 million for the first quarter, second quarter,

third quarter, fourth quarter and the fiscal year, respectively.

Segment depreciation expense is as follows:

Media Networks

49 $

182

Parks and Resorts

Domestic

186

206

178

756

International (4)

207

Studio Entertainment

Consumer Products

Segment depreciation

expense

290

296

314

296

1,196

Corporate

132

Consolidated depreciation

expense

324

327

347

330 $

1,328

(4) Represents 100% of Euro Disney and Hong Kong Disneyland's depreciation

expense for all periods since the Company began consolidating the results of

operations and cash flows of these businesses beginning April 1, 2004.

Supplemental revenue, segment operating income, and depreciation expense detail for the Media

Networks segment are as follows:

Revenue

Cable Networks

1,807

1,622

1,933

1,900 $

7,262

Broadcasting

1,654

1,386

1,453

1,452

5,945

3,461

3,008

3,386

3,352 $ 13,207

Segment operating income

Cable Networks

319

662

720

584 $

2,285

Broadcasting

125

253

464

444

700

973

632 $

2,749

Depreciation expense

Cable Networks

22 $