STAMFORD Conn. January 8 2003 –- After 10 unforgettable years of Raw World Wrestling Entertainment™ is excited to celebrate its success with the Raw 10th Anniversary Spectacular on Tuesday January 14 2003 (the New TNN/9:00pm ET). WWE will present the award-style show live from The World® WWE’s entertainment complex in New York City’s Time Square.

As part of the program WWE will announce the 10 greatest moments in Raw history as voted on by WWE fans. To date more than 1.3 million visitors to WWE.com have already voted. In addition WWE will have awards in different categories to honor past and present WWE Superstars.

"Our ability to produce original programming 52 weeks a year every year is an extremely difficult task but we never get tired of thrilling audiences. No matter how much our superstars give the fans they always strive to give more " said Vince McMahon Chairman of WWE. "We’ve had a lot of spectacular moments and superstars through the first 10 years of Raw and I know that the next 10 years will be even better."

To help refresh and re-introduce some of these moments to the fans each week on WWE programming the top 25 highlights are featured in the "Raw Retro" flashback. In addition WWE Confidential™ (TNN/Saturday Nights 11:00pm ET) has launched a 10 week series that tells the behind the scenes story of those classic moments.

WWE is supporting the anniversary with Raw 10th Anniversary Commemorative merchandise at www.wweshopzone.com. Exclusive merchandise includes hats t-shirts and four collectible covers of Raw Magazine. Additional Raw 10th Anniversary products will be available in stores and online in March/April 2003.

"Uncut uncooked and uncensored" was how it was marketed to fans when Raw debuted on January 11 1993 live from The Manhattan Center in New York City on USA Network. While WWE often performed at Madison Square Garden in front of 15 000 fans the intimacy of the Manhattan Center which seated approximately 1 000 looked great on camera and also provided those in attendance with an up close view of all of the action. Within months WWE took Raw on the road and the legacy of the brand was created. Now 10 years and 500 episodes later Raw has become the third longest running episodic series in television history behind Gunsmoke and Lassie.

World Wrestling Entertainment Inc. (NYSE: WWE) is an integrated media and entertainment company headquartered in Stamford Conn. with offices in New York City Los Angeles Toronto and London. It owns and operates The World an entertainment complex in Times Square New York City. Additional information on the company can be found at wwe.com and corporate.wwe.com. Information on television ratings and community activities can be found at parents.wwe.com.

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Media Contact: Jayson Bernstein Director Public Relations 203-353-5015

Investor Contact: Tom Gibbons Vice President Investor Relations – 203-328-2576

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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; risks associated with producing live events both domestically and internationally; uncertainties associated with international markets; 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 expected or anticipated.