Walt Disney Company (DIS)

Plan Benefits

Future benefits under the 2005 Plan are not currently determinable. During fiscal 2006, stock options were granted under the 1995 Stock Incentive Plan to the Company’s named executive officers, as set forth in the table captioned Stock Option Awards above, and restricted stock units were granted under the 1995 Stock Incentive Plan to the Company’s named executive officers, as set forth in the tables captioned Long-term Incentive Performance Based Awards and Non-performance Based Restricted Stock Unit Awards above. During fiscal 2006, options and stock units were granted to non-employee Directors pursuant to the compensation arrangement described in “Corporate Governance and Board Matters—Board Compensation,” above.

Plan Benefits

Future benefits under the 2005 Plan are not currently determinable. During fiscal 2004, stock options were granted under the 1995 Stock Incentive Plan to the Company’s named executive officers, as set forth in the table captioned Option Grants During Fiscal 2004 above, and restricted stock units were granted under the 1995 Stock Incentive Plan to the Company’s named executive officers, as set forth in the tables captioned Summary Compensation Table and Long-Term Incentive Plans—Awards in Last Fiscal Year, above. In addition, stock options were granted during the year to all named executive officers as a group to purchase 150,000 shares of common stock at an average weighted exercise price of $24.64 per share, and 619,953 shares subject to restricted stock units were granted to all named executive officers as a group. Stock options were granted to all other employees of the Company as a group to purchase 26,846,715 shares of common stock at an average weighted exercise price of $24.61 per share, and 4,805,425 shares subject to restricted stock units were granted to all other employees of the Company as a group. Stock options were granted to non-employee Directors of the Company as a group to purchase 66,000 shares of common stock at an average weighted exercise price of $26.84 per share, and 5,193 shares subject to restricted stock units were granted to non-employee Directors of the Company.