World Wrestling Entertainment® announced today that one of the greatest Superstars to ever perform for WWE “The Heartbreak Kid” Shawn Michaels will be inducted into the WWE Hall of Fame this year. The induction ceremony will take place on Saturday April 2 at the Philips Arena in Atlanta GA the evening before WrestleMania® XXVII.

“Shawn Michaels was the best in-ring performer in the history of WWE ” said Vince McMahon Chairman and CEO.

Shawn Michaels had one of the most storied careers in the annals of World Wrestling Entertainment. He held every major championship over his 23 year career with the sports entertainment company. In addition to his “HBK” moniker and as one half of
“D-Generation X® ” Michaels earned the nickname “Mr. WrestleMania” due to his numerous memorable matches at the annual pop culture extravaganza. Fittingly Michaels’ final match took place last March at WrestleMania XXVI losing to The Undertaker® in an epic match where he put his career on the line.

Tickets go on sale for the 2011 Hall of Fame Induction Ceremony this Saturday January 15 at 10 AM ET and are available through the Philips Arena Box Office www.ticketmaster.com Ticketmaster outlets or by calling Ticketmaster Charge By Phone at 1-800-745-3000.

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About World Wrestling Entertainment
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. (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:

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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 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.