CHICAGO Ill. March 13 2008 –The Young Adult Library Services Association (YALSA) the fastest-growing division of the American Library Association (ALA) and World Wrestling Entertainment Inc. today announced the 10 regional finalists who will compete to become this year’s national WrestleMania Reading Challenge Champion.

Each finalist won airfare hotel and spending cash for two to Orlando tickets to WrestleMania XXIV in Orlando on March 30 2008 $2 000 for their local or school library and a chance to compete in the WrestleMania Reading Challenge finals on March 29 at the Orlando Public Library.

This year’s regional finalists are in two categories grades 7-8 and grades 9-12. Finalists in the grades 7-8 category are:

• Chris Thompson Cave City Ky. from LeGrande Elementary
• Laquan Deen Homestead Pa. from Carnegie Library of Homestead
• Emily Hardy Seattle Wash. from McClure Middle School
• Beau Snoad Napolean Ohio from Napoleon Middle School Library
• David Silva Orlando Fla. from Orlando Public Library

Finalists in the grades 9-12 category are:

• Zacary Harper Lake Wales Fla. from Lake Wales Public Library
• Ajoura Gwinn Munhall Pa. from Carnegie Library of Homestead
• Amber Dales Des Moines Iowa from Southeast Polk High School
• Arun Natarajan Hicksville N.Y. from Hicksville Public Library
• Kady Marie Peters Orlando Fla. from Orlando Public Library

The WrestleMania Reading Challenge sponsored by YALSA asked students in grades 7-12 to read 10 books between the start of Teen Read Week? on October 14 2007 and January 14 2008. Each participant was required to submit a short reading log that described the books and magazines that had been read. Participants were then required to submit a short essay on the topic “Why WrestleMania Got Me Reading.” The winning entry from each library was submitted to YALSA and five regional finalists were chosen in grades 7-8 and grades 9-12 categories to be national finalists.

“Partnering with WWE provides YALSA the chance to reach a wide audience of teens with a message about the vital role books reading and libraries can play in their lives ” said YALSA President Paula Brehm-Heeger. “The WrestleMania Reading Challenge is a great way to highlight teens’ learning accomplishments and after discovering all of the great titles they’ve read for the Challenge their knowledge of teen literature!”

“There are several championships on the line at WrestleMania but the excitement in Orlando starts a day early as these 10 teens put it all on the line in their respective finals to see who will become the 2008 WrestleMania Reading Challenge Champion ” said Gary Davis WWE’s Vice President Corporate Communications.

For more than 50 years YALSA has been the world leader in selecting books films and audiobooks for teens. For more information about YALSA or for lists of recommended reading viewing and listening go to www.ala.org/yalsa/booklists or contact the YALSA office by phone 800-545-2433 ext. 4390; or e-mail: yalsa@ala.org.

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/

-30-

Media Contact: Gary Davis 203-353-5066

Investor Contact: Michael Weitz 203-352-8642

Trademarks: All WWE programming talent names images likenesses slogans wrestling moves and logos are the exclusive property of World Wrestling Entertainment Inc. ECW is a trademark of WWE Libraries Inc. All other trademarks logos and copyrights are the property of their respective owners.

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 feature films 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; risks relating to maintaining and renewing key agreements including television distribution agreements; 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. In addition to these risks and uncertainties our dividend is based on a number of factors including our liquidity and historical and projected cash flow strategic plan our financial results and condition contractual and legal restrictions on the payment of dividends and such other factors as our board of directors may consider relevant.