Walt Disney Company (DIS)

PART I

The Walt Disney Company, together with its subsidiaries, is a diversified worldwide entertainment company with operations in five business segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive Media. For convenience, the terms “Company” and “we” are used to refer collectively to the parent company and the subsidiaries through which our various businesses are actually conducted.

Information on the Company’s revenues, operating income, and identifiable assets appears in Note 1 to the Consolidated Financial Statements included in Item 8 hereof. The Company employed approximately 150,000 people as of September 27, 2008.

PART III

SIZE="2">ITEM 10.   Directors, Executive Officers and Corporate Governance

Information
regarding Section 16(a) compliance, the Audit Committee, the Company’s code of ethics and background of the directors appearing under the captions “Section 16(a) Beneficial Ownership Reporting Compliance,” “Committees,”
“Corporate Governance Guidelines and Code of Ethics” and “Election of Directors” in the Company’s Proxy Statement for the 2009 annual meeting of Shareholders is hereby incorporated by reference.

      Information regarding Section 16(a) compliance, the Audit Committee, the Company’s code of ethics and background of the directors appearing under the captions “Section 16(a) Beneficial Ownership Reporting Compliance,” “Committees,” “Corporate Governance Guidelines and Code of Ethics” and “Election of Directors” in the Company’s Proxy Statement for the 2006 annual meeting of Shareholders is hereby incorporated by reference.

      Information regarding executive officers is included in Part I of this Form 10-K as permitted by General Instruction G(3).

      Information appearing under the captions “Director Compensation” and “Executive Compensation” (other than the Report of the Compensation Committee) in the 2006 Proxy Statement is hereby incorporated by reference.

      Information setting forth the security ownership of certain beneficial owners and management appearing under the caption “Stock Ownership” and information appearing under the caption “Stock Options” in the 2006 Proxy Statement is hereby incorporated by reference.

      Information regarding certain related transactions appearing under the captions “Certain Relationships and Related Party Transactions” and “Executive Compensation” in the 2006 Proxy statement is hereby incorporated by reference.

      Information appearing under the captions “Auditor Fees and Services” and “Policy for Approval of Audit and Permitted Non-Audit Services” in the 2006 Proxy Statement is hereby incorporated by reference.

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