NEWS

World Wrestling Entertainment Launches New Ad Campaign for WWE SmackDown!

STAMFORD Conn. Nov. 17 2003 – With its eye on the prize of greater television ratings and record-setting pay-per-view buys for its WrestleMania XX WWE has developed a new “Smack Your TV” ad campaign to support its flagship program on network television WWE SmackDown! (9 p.m. ET/PT on Thursdays on UPN).

“SmackDown! is the perfect antidote to the Thursday night primetime line-up of blah blah ” said Kurt Schneider WWE Executive Vice President Marketing. “We want to encourage current and potential viewers to ‘Smack Your TV’ and tune-in to SmackDown!.”

Beyond having a major impact on the show itself as a tagline and in on-air promos
the multimedia campaign will run in Entertainment Weekly Sports Illustrated and on AOL’s online service until WrestleMania XX on March 14 2003. Commercials will be seen on Cartoon Network’s late night “Adult Swim” programming and in other programs on TNT and TBS. The “Smack Your TV” concept will also be included in all future SmackDown! radio spots.

The campaign was developed in-house; the tagline “Smack Your TV” was created by the Wong Doody ad agency in Seattle. The total media support for the campaign over the next five months is valued at more than $2 million.

A separate campaign is in development and will be instituted for WWE Monday Night RAW on Spike TV (9 p.m. ET/PT Mondays).

Both RAW and SmackDown! have seen a ratings resurgence of late among male viewers and have recently delivered their highest ratings in nearly a year for male teens and other key young male demographics. RAW has consistently been the top-rated regularly schedule program on basic cable for several years. SmackDown! has also been a solid ratings performer for UPN and this season ranks in the top 10 regularly scheduled broadcast primetime programs among Male Teens and Males 12-24.

WWE continues to see strong advertising demand with more than 125 companies that advertise in our programming on cable syndicated and network TV. Sell-out rates are well over 90%.

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. Additional information on the company can be found at wwe.com and corporate.wwe.com. For additional information on WrestleMania xx to be broadcast live on pay-per-view from Madison Square Garden in New York City on March 14 2004 go to wrestlemania.wwe.com. Information on television ratings and community activities can be found at parents.wwe.com.

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Media contact: Gary Davis 203-353-5066
Investor contact: Michele Goldstein 203-352-8642

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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 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.