World Wrestling Entertainment Inc. (NYSE:WWE) today declared the Company’s regular quarterly dividend of $0.36 per share on its Class A shares of common stock.  As previously announced members of the McMahon family have waived $0.12 per share of the dividends.  As a result all Class A and Class B shares owned by the McMahon family will instead receive dividends in the amount of $0.24 per share.  The record date for the dividend will be June 15 2010 and the payment date will be June 25 2010.

World Wrestling Entertainment Inc. a publicly traded company (NYSE: WWE) is an integrated media organization and recognized leader in global entertainment.  The company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience.  WWE is committed to family-friendly PG content across all of its platforms including television programming pay-per-view digital media and publishing.  WWE programming is broadcast in more than 145 countries and 30 languages and reaches more than 500 million homes worldwide.  The company is headquartered in Stamford Conn. with offices in New York Los Angeles Chicago London Shanghai Tokyo Toronto and Sydney.

Additional information on World Wrestling Entertainment Inc. can be found at corporate.wwe.com.  If you have additional questions please contact WWE Investor Relations via e-mail at investor.relations@wwecorp.com.

Trademarks:  All WWE programming talent names images likenesses slogans wrestling moves trademarks copyrights and logos are the exclusive property of World Wrestling Entertainment Inc. and its subsidiaries. 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 risks relating to maintaining and renewing key agreements including television distribution agreements; the need for continually developing creative and entertaining programming; the continued importance of key performers and the services of Vincent McMahon; the conditions of the markets in which we compete; acceptance of the Company’s brands media and merchandise within those markets; uncertainties relating to regulatory and litigation matters; risks resulting from the highly competitive nature of our markets; the importance of protecting our intellectual property and complying with the intellectual property rights of others; risks associated with producing live events both domestically and internationally; uncertainties associated with international markets; risks relating to our film business and any new business initiative which we may undertake; risks relating to the large number of shares of common stock controlled by members of the McMahon family; 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 our dividend is significant and is dependent on a number of factors including among other things our liquidity and historical and projected cash flow strategic plan (including alternative uses of capital) our financial results and condition contractual and legal restrictions on the payment of dividends general economic and competitive conditions and such other factors as our Board of Directors may consider relevant including a waiver by the McMahon family of a portion of the dividends.