Walmart Board of Directors Nominates New Candidate

Marissa Mayer to stand for election at Walmart’s 2012 Annual Shareholders’ Meeting

BENTONVILLE, Ark.--()--Wal-Mart Stores, Inc. (NYSE: WMT) today announced that its board of directors has nominated Marissa A. Mayer of Google Inc. for election as a new member of the company’s board at Walmart’s Annual Shareholders’ Meeting on June 1, 2012. If elected, Mayer would become the sixteenth member of the board.

“At Walmart, we are focused on giving our millions of customers around the globe ‘anytime anywhere' access whether it is through a mobile device, online or in a physical store," said Walmart Chairman Rob Walton. "We are on the cusp of a massive transformation in the way people shop in our increasingly connected world. Marissa’s insights and expertise in the technology and consumer areas are valuable assets to Walmart as we move forward."

"I am very excited to be nominated for the Walmart board," said Mayer. "I have long been a customer and admirer of the company. Walmart is an amazing story of entrepreneurship and, as one of the world's most powerful brands, touches millions of lives every day. I look forward to contributing to Walmart's continued growth, success, and innovation in the years to come."

Mayer, 36, is vice president of Local and Maps for Google Inc. in Mountain View, Calif., a position she has held since 2010. She leads the product management and engineering efforts of Google’s local, mobile, and local-based products. Mayer previously served as Google’s vice president, Search Products and User Experience, beginning in 2005. Mayer began her career with Google in 1999 as its first female engineer and has launched hundreds of products and features during that time.

Mayer holds a bachelor’s degree in symbolic systems and a master’s degree in computer science from Stanford University. She serves on the boards of the San Francisco Museum of Modern Art, the San Francisco Ballet, the New York City Ballet and the Smithsonian Cooper-Hewitt National Design Museum.

For more information regarding the board’s nominees for election at the company’s 2012 Annual Shareholders’ Meeting, as well as other matters to be considered at the meeting, please visit http://www.walmartstores.com/shareholdersmeeting.

About Walmart

Wal-Mart Stores, Inc. (NYSE: WMT) serves customers and members more than 200 million times per week at 10,130 retail units under 69 different banners in 27 countries. With fiscal year 2012 sales of $444 billion, Walmart employs about 2.2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting http://www.walmartstores.com. Online merchandise sales are available at http://www.walmart.com and http://www.samsclub.com.

Contacts

Wal-Mart Stores, Inc.
Media Relations Contact
Greg Rossiter, 800-331-0085
or
Investor Relations Contact
Carol Schumacher, 479-277-1498

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Contacts

Wal-Mart Stores, Inc.
Media Relations Contact
Greg Rossiter, 800-331-0085
or
Investor Relations Contact
Carol Schumacher, 479-277-1498