WWE Hires New Chief Financial Officer (Press Release)

Today World Wrestling Entertainment issued the following press release:

Superstar George Barrios Leaves NY Times For WWE(r) Ring

STAMFORD, Conn., March 17, 2008 – World Wrestling Entertainment Inc.announced today that George Barrios has been named its new Chief Financial Officer, effective March 24, 2008.

Barrios joins WWE as the company has been making headlines with record annual revenues and a recently announced 50% boost in dividends paid to public shareholders. “We welcome George Barrios as our new CFO,” said Linda McMahon, CEO. “At a time when we are focused on growth initiatives around the world, we are confident that George’s experience will be a tremendous asset for WWE’s future.”

Barrios was formerly Vice President and Treasurer of The New York Times Company. He replaces Frank Serpe, who is retiring as CFO after 21 years with WWE. “WWE thanks Frank Serpe for his commitment and dedication to the company through the years, and we wish him well,” said Mrs. McMahon.

Additional information on World Wrestling Entertainment Inc. (NYSE:
WWE), can be found at www.wwe.com and www.corporate.wwe.com. For information on our global activities, go to http://www.wwe.com/worldwide/.

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