STAMFORD, Conn.--Oct. 2, 2000--WWE Entertainment, Inc. (NMS: WWE) today filed suit in Federal Court in the Southern District of New York against the William Morris Agency.

Prior to this suit, William Morris's Hollywood office asserted that it was entitled to receive monies on business ventures of WWE which did not involve William Morris in any way, such as the XFL, the new football venture of WWE and NBC.

By filing suit today, WWE intends to challenge William Morris's business practices as fraudulent in nature and to have William Morris's standard contracts declared to be unenforceable and illegal on several grounds set forth in the suit.

WWE, its employees, and its talent work very hard in the course of entertaining millions of fans live and on television each week. The court action today was intended to protect those hard-earned monies from a Hollywood agency that didn't earn it.

Contact:

Press:
WWE Entertainment, Inc.
Jayson Bernstein, 203-353-5015

or

Financial:
WWE Entertainment, Inc.
Tom Gibbons, 203-328-2576