(STAMFORD, Conn. -- Sept. 22, 2000) -- WWE Entertainment, Inc. today announced that it anticipates that its common shares will be listed on The New York Stock Exchange under the symbol "WWE" beginning on October 25, 2000. The shares of the WWE have been listed on NASDAQ since the completion of the Company's initial public offering on October 19, 1999.

"The opportunity to list our common stock on The New York Stock Exchange is yet another strategic step in increasing the visibility of the Company with investors, analysts and fans alike," said Linda McMahon, Chief Executive Officer. "We are excited about the prospects that will ensue from the increased awareness of the WWE brand and the unique form of entertainment and merchandising that we deliver to our targeted audience. While we are thrilled to be affiliated with The New York Stock Exchange, we would like to express our gratitude to all those at NASDAQ who were instrumental in making our first year as a public company a success."

WWE Entertainment, Inc. is headquartered in Stamford, CT with sales offices in New York City, Chicago, and Toronto. We are an integrated media and entertainment company principally engaged in the development, production and marketing of television programming, pay-per-view programming and live events; the licensing and sale of branded consumer products featuring the highly successful WWE (WWE) brand; and the development and start-up of a professional football league, the XFL.

Certain statements in this news release contain "forward-looking" information (as defined in the Private Securities Litigation Reform Act of 1995) that involve risks and uncertainties. Actual future results may differ materially depending upon, among other factors, the future performance of the NYSE and NASDAQ; investor preferences; and the stock market performance generally.