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World Wrestling Entertainment Posts Answers to Frequently Asked Investor Questions

Entertainment Editors/Business Editors

STAMFORD, Conn.--(BUSINESS WIRE)--Dec. 23, 2003--World Wrestling Entertainment(TM), Inc. (NYSE: WWE) has posted answers to questions frequently asked by the investment community to the Investor Relations section of its corporate website. This information can be viewed at http://corporate.wwe.com/invest/index.html.

World Wrestling Entertainment, Inc. (NYSE: WWE) is an integrated media and entertainment company headquartered in Stamford, Conn., with offices in New York City, Los Angeles, Toronto and London. Additional information on the company can be found at wwe.com and corporate.wwe.com. For additional information on WrestleMania(R) XX, to be broadcast live on Pay-Per-View from Madison Square Garden in New York City on March 14, 2004, go to wrestlemania.wwe.com. Information on television ratings and community activities can be found at parents.wwe.com.

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

Forward-Looking Statements: This news release contains forward-looking statements pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995, which are subject to various risks and uncertainties. These risks and uncertainties include the conditions of the markets for live events, broadcast television, cable television, pay-per-view, Internet, entertainment, professional sports, and licensed merchandise; acceptance of the Company's brands, media and merchandise within those markets; uncertainties relating to litigation; risks associated with producing live events both domestically and internationally; uncertainties associated with international markets; 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.

    CONTACT: World Wrestling Entertainment, Inc.
             Media Contact:     
             Gary Davis, VP, Corporate Communications
             Investor Contact: 
             Michele Goldstein, VP, Planning and Investor Relations

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