STAMFORD Conn. March 2 2007 – World Wrestling Entertainment Inc. today named Frank Serpe to replace Michael Sileck as its new Chief Financial Officer.

Serpe a 20-year employee was the company’s acting CFO upon Sileck’s promotion to WWE’s Chief Operating Officer.  Serpe has also been the company’s Senior Vice President Finance and Chief Accounting Officer.

“Frank knows WWE inside and out having had responsibility for virtually all financial and accounting activities during the course of his career at WWE ” said Michael Sileck.  “Frank is definitely the right man to fill the role of WWE CFO.”

To view biographical information on Frank Serpe please visit http://corporate.wwe.com/company/bios/fg_serpe.jsp.

Additional information on World Wrestling Entertainment Inc. (NYSE:WWE) can be found at wwe.com and corporate.wwe.com .  For information on our global activities go to http://www.wwe.com/worldwide/ .

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Media Contact:            Gary Davis 203-353-5066

Investor Contact:         Michael Weitz 203-352-8642

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