Shane McMahon to Depart WWE

* Reuters is not responsible for the content in this press release.

Fri Oct 16, 2009 8:00am EDT

STAMFORD, Conn.--(Business Wire)--
Shane McMahon, Executive Vice President of Global Media, announced today he has
tendered his resignation effective January 1, 2010. 

Shane stated, "It has been an incredible experience to help build WWE into a
global phenomenon. However, having been associated with this organization for
the majority of my life, I feel this is the opportune time in my career to
pursue outside ventures." 

"Even though I am personally saddened by Shane`s decision to leave the company,
I am proud of the enormous contributions he has made. He will unquestionably
bring passion, commitment and extensive business experience to any endeavor he
pursues," said Vince McMahon, WWE Chairman and CEO. 

ABOUT WWE

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

Trademarks: All WWE programming, talent names, images, likenesses, slogans,
wrestling moves, trademarks, copyrights and logos are the exclusive property of
World Wrestling Entertainment, Inc. and its subsidiaries. All other trademarks,
logos and copyrights are the property of their respective owners. 

Forward-Looking Statements: This news release contains forward-looking
statements pursuant to the safe harbor provisions of the Securities Litigation
Reform Act of 1995, which are subject to various risks and uncertainties. These
risks and uncertainties include the conditions of the markets for live events,
broadcast television, cable television, pay-per-view, Internet, entertainment,
professional sports, and licensed merchandise; acceptance of the Company`s
brands, media and merchandise within those markets; uncertainties relating to
litigation; risks associated with producing live events both domestically and
internationally; uncertainties associated with international markets; risks
relating to maintaining and renewing key agreements, including television
distribution agreements; and other risks and factors set forth from time to time
in Company filings with the Securities and Exchange Commission. Actual results
could differ materially from those currently expected or anticipated. In
addition to these risks and uncertainties, our dividend is based on a number of
factors, including our liquidity and historical and projected cash flow,
strategic plan, our financial results and condition, contractual and legal
restrictions on the payment of dividends and such other factors as our board of
directors may consider relevant.

WWE
Media:
Robert Zimmerman, 203-359-5131
robert.zimmerman@wwecorp.com
or
Investors:
Michael Weitz, 203-352-8642
michael.weitz@wwecorp.com

Copyright Business Wire 2009

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