STAMFORD, Conn., April 11, 2002 - At a press conference in Australia today, WWE Entertainment, Inc. announced that it will hold its first live event in Australia in almost 20 years on August 10, 2002 at Colonial Stadium in Melbourne. WWE Chairman Vince McMahon, and WWE® Superstars Stacy Keibler™ and Mark Henry™ were on hand for the announcement. Tickets for "The Global Warning Tour" will go on sale on May 20. The talent roster will be announced at a later date.

"Our global strategy continues to move along as planned. We're excited to bring a live WWE® event to an expected crowd of more than 50,000 Australian fans," said Roger Marment, Executive Vice President of International Business Development for WWE. "Australia is an important market to us. We enjoy excellent television ratings and will be making announcements shortly in the areas of licensing and home video. The live event plays an important role in the development of these businesses. Based upon our international successes so far this year, we are extremely encouraged as we continue the extension of our US business model internationally."

The Global Warning Tour in Australia will be the company’s third international tour this year. This past March, the company performed three sold out shows in Tokyo, Malaysia, and Singapore. Next month, The WWE® will perform four events in Europe including Cologne, Germany; Glasgow, Scotland; Birmingham and London, England. All three UK shows sold out within hours of tickets going on sale.

WWE Entertainment, Inc. (NYSE: WWE) is an integrated media and entertainment company headquartered in Stamford, Conn., with offices in Chicago, New York, Toronto and London. Additional information on the company can be found at wwe.com and wweecorpbiz.com.

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Media Contact: Jayson Bernstein, 203-353-5015

Investor Contact: Tom Gibbons, 203-328-2576

Forward-Looking Statements: This news release contains forward-looking statements 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; the outcome of certain litigation, and other risks and factors identified in the Company’s documents filed with the Securities and Exchange Commission. Actual results could differ materially from those currently anticipated.