WWE® And Kmart Rumble with “Royal Riches” Promotion

From Jan. 10 through Jan. 31, all Kmart stores will feature product boutiques showcasing WWE licensed merchandise including men’s and boys’ apparel, footwear, bedding, DVDs, and video games. Additionally, Kmart will debut Mattel’s new line of WWE action figures and accessories. Consumers who purchase $35 or more of WWE merchandise at Kmart will receive $10 off their Royal Rumble pay-per-view order. Consumers also have the opportunity to win other promotional offers through the duration of the program including further discounts on WWE merchandise, and an opportunity to win a trip for two to WrestleMania XXVI on March 28 at University of Phoenix Stadium in Glendale, Ariz.

“Kmart continues to look for ways to bring value to our customers by offering exclusive and exciting products through our relationship with WWE,” said Mark Snyder, chief marketing officer, Kmart. “Whether in store or online, Kmart’s customers know they can find all of their favorite WWE products in one place.”

“After the overwhelming success of last year’s collaboration with Kmart, we are thrilled to expand our efforts by coming together again to offer WWE fans a great value for their shopping dollars and build excitement around our Royal Rumble pay-per-view event,” said Jim Connelly, senior vice president, Consumer Products, WWE.

Kmart will feature select WWE merchandise available for purchase online at www.kmart.com/wwe, as well as a dedicated WWE section in its weekly circular. The microsite will feature live chats with WWE Superstars on Monday, Jan. 11 and Monday, Jan. 18 giving fans the chance to communicate directly with their favorite WWE Superstars. WWE will support the promotion through WWE Superstar and Diva meet and greets at select Kmart stores, as well as in-store radio and in-store TV broadcasts. In addition “Royal Riches” will be promoted in WWE Magazine, live events and online.

In select markets (tentative schedule below) Kmart and WWE will conduct in-store appearances and autograph sessions with WWE Superstars including:

Jan. 10 (Minneapolis): Ted DiBiase – 3 to 5 p.m. at 14230 Burnhaven Dr., Burnsville, Minn.

Jan. 16 (Birmingham): Ted DiBiase – 1 to 3 p.m. at 5980 Chalkville Mountain, Birmingham, Ala.

Jan. 23 (Chicago): Rey Mysterio – 1 to 3 p.m. at 3443 W. Addison, Chicago, Ill.

Jan. 26 (Columbus): Ted DiBiase – 6 to 8 p.m. at 5005 Olentagy River Rd., Columbus, Ohio

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/.

About Kmart

Kmart, a wholly owned subsidiary of Sears Holdings Corporation (NASDAQ: SHLD), is a mass merchandising company that offers customers quality products through a portfolio of exclusive brands that include Jaclyn Smith, Joe Boxer, County Living and Route 66. For more information visit the company's Web site at www.kmart.com or the Sears Holdings Corporation Web site at www.searsholdings.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.

WWE 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.