NEWS

WWE Entertainment Appoints Stuart Snyder as President and Chief Operating Offic ...

Stamford CT June 7 2000 – WWE Entertainment Inc. (NMS: WWE) announced today the appointment of Stuart Snyder as President and Chief Operating Officer. Snyder will be a member of the Company’s Executive Committee and the Board of Directors. Reporting to Vince McMahon Chairman of WWE and Linda McMahon CEO of WWE Snyder will lead the development and execution of the strategic and operating plans for the company’s core business as well as identify opportunities to increase revenue and profitability.

"Stuart adds additional depth to our executive management team " said Linda McMahon. "He brings a unique combination of experience from both the entertainment and live events industries that we believe will be a tremendous asset to WWE Entertainment as we continue to expand both domestically and internationally."

Stuart joins WWE from USA Home Entertainment a USA Networks Company where he was President. He was a key player in developing non-theatrical live programming and broadcast opportunities. He worked to cultivate the breadth of USAi’s assets maximizing corporate partnerships. Additionally Stuart played a critical role with USA Films providing direction during the acquisition phase.

Prior to USA Stuart was President and COO of live entertainment powerhouse Feld Entertainment where he was responsible for the total operations of more than twelve live touring shows including Ringling Bros. and Barnum & Bailey Disney on Ice The Wizard of Oz on Ice and Sigfried and Roy. His tenure saw Feld expand into international markets e-commerce and new technologies while cultivating corporate partnerships licensing agreements and consumer product strategies.

Prior to Feld Snyder spent 13 years in the motion picture/home entertainment industry with Turner Broadcasting Systems Live Home Video/Carolco Pictures and MGM/UA in senior executive positions.

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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 broadcast television cable television pay-per-view and Internet entertainment; and licensed merchandise; acceptance of the Company’s media and merchandise within those markets; and other risks and factors identified in the Company’s Prospectus dated October 18 1999 and filed with the Securities and Exchange Commission. Actual results could differ materially from those currently anticipated.