World Wrestling Entertainment, Inc. Declares Quarterly Dividend

STAMFORD, Conn., Oct 30, 2009 — 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 December 15, 2009, and the payment date will be December 28, 2009.