NEWS

WWE Entertainment’s RAW IS WAR Delivers Highest Rating of the Season

STAMFORD Conn. December 13 2000 — WWE Entertainment’s (NYSE: WWE) RAW IS WAR already the highest rated regularly scheduled program on cable television achieved its highest rating of the season this past Monday night on The National Network (TNN). According to Nielsen survey RAW IS WAR averaged a 5.8 rating / 9 share — up 16% from the previous week.

"This is a clear indication that WWE programming has made a successful transition to our new home on TNN " said Stuart Snyder President and COO of WWE Entertainment Inc. "Additionally we continue to build our audience across all demographics including men and women ages 18-49 – two audience segments that also achieved season high ratings this past Monday."

WWE Entertainment Inc. is an integrated media and entertainment company headquartered in Stamford Conn. with sales offices in New York City Chicago and Toronto. The company and its joint venture partner NBC have formed a new professional football league the XFL scheduled to kick off Feb. 3 2001. Additional information on the company can be found at wwe.com and wweecorpbiz.com.

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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 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; and other risks and factors identified in documents filed with the Securities and Exchange Commission. Actual results could differ materially from those currently anticipated.