Stamford, Conn. September 17, 2001 -- WWE Entertainment, Inc. (NYSE:WWE) today confirmed that its annual meeting will be held Friday, September 21, 2001 at 10:00 a.m. local time. The meeting will take place at WWE New York, the Company's media and entertainment complex in Times Square, located at 1501 Broadway, New York, New York 10036.

The meeting will be brief and will consist solely of the matters as described in the Notice of Annual Meeting of Stockholders and Proxy Statement dated August 17, 2001. Given the current circumstances, no other activities other than the shareholders' vote are planned. Mr. August Liguori and Mr. Edward Kaufman will represent senior management of the Company and will vote the proxies at the meeting.

WWE Entertainment, Inc. is an integrated media and entertainment company principally engaged in the development, production and marketing of television programming, pay-per-view programming, live events, and the licensing and sale of branded consumer products.

Forward-Looking Statements: This news release contains forward-looking statements pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995, which are subject to various risks and uncertainties. These risks and uncertainties include the conditions of the markets for live events, broadcast television, cable television, pay-per-view, Internet, food and beverage, entertainment, professional sports, and licensed merchandise; acceptance of the Company's brands, media and merchandise within those markets; uncertainties relating to litigation and other risks and factors set forth from time to time in Company filings with the Securities and Exchange Commission. Actual results could differ materially from those currently anticipated.

Investor Relations Contact:
WWE Entertainment, Inc.
Tom Gibbons
203-328-2576

WWE Entertainment, Inc.
Media Contact:
Judd Everhart
203-406-3620