The Walt Disney Co. (Dis).

Business Overview

The Walt Disney Co., along with its subsidiaries, is a diversified worldwide entertainment company with operations in four business segments: Media Networks, Parks and Resorts, Studio Entertainment and Consumer Products. The Media Networks segment is comprised of television broadcast, radio and cable operations. The businesses in the Parks and Resorts segment generate revenues predominately from the sale of admissions to the theme parks, room nights at the hotel and rentals at the resort properties. The Studio Entertainment segment produces and acquires live-action and animated motion pictures, animated direct-to-video programming, musical recordings and live stage plays. The Consumer Products segment partners with licensees, manufacturers, publishers and retailers throughout the world to design, promote and sell a wide variety of products based on existing and new Disney characters and other intellectual property. Income Statement

                              LTM *   2005 **

Revenue (billions)            $33.2   $31.9
Operating Income (billions)   4.5     4.1
Net Income (millions)         2.97    2.5
EPS                           $1.46   $1.22

Summary

Headquarters: Burbank

Market Cap: $61,889.2 million

Dividend Yield: 0.91%

P/E Ratio: 21.0

* Latest Twelve Months Ending 7/2006

** Fiscal Year Ending 10/2005