January 4, 2002

Wal-Mart Stores, Inc. Contributes $60,000 In Recognition Of Hispanic Education

Bentonville, Ark. — In recognition of Hispanic education, Wal-Mart Stores, Inc. through their Good Works initiative, recently contributed $50,000 to the Hispanic Association of Colleges and Universities (HACU) and $10,000 to the League of United Latin American Citizens National Educational Service Centers (LNESC) to support both organizations national scholarship programs.

"As the largest private employer of Hispanics in the nation Wal-Mart Stores and SAM"S CLUBS have supported the mission of both HACU and LULAC for several years, as these organizations' objectives are compatible with Wal-Mart's emphasis of supporting local and national education programs at all levels," said José R. Gómez, Senior Manager, Corporate Affairs for Wal-Mart Stores, Inc.

As a sponsor Wal-Mart Stores, Inc. continues to support HACU's mission to improve the access to and the quality of post-secondary educational opportunities for Hispanic students and to promote the development of its member colleges and universities. HACU represents more than 280 colleges and universities committed to Hispanic higher education success. Although these member institutions in the U.S. represent less than 7% of all higher education institutions, together they are home to more than two-thirds of all Hispanic college students.

HACU's Javier Zambrano, Fundraising Director shared, "we are grateful for Wal-Mart's contribution and commitment specially during these challenging economic times. Wal-Mart's support will certainly have a positive impact on the continued development of our programs and services."

In the same manner Wal-Mart Stores, Inc. also supports LNESC's mission to increase educational opportunities for Hispanic Americans through the development and implementation of effective programs in Hispanic communities throughout the United States. LNESC serves more than 18,000 students each year, providing educational counseling, scholarships, mentorships, leadership development and literacy programs through its national network of educational centers.

Carlos Zapata, LNESC's national director stated, "This educational gift presented by Wal-Mart Stores, Inc. is timely for our scholarship program and for the benefit of Hispanic students nationwide. On behalf of these students and our organization we extend our gratitude to Wal-Mart Stores, Inc. for their continued support."

"At Wal-Mart Stores and SAM'S CLUBS we recognize that the education of our youth today has a profound impact on the vitality of our community tomorrow. It is with this in mind that our stores and CLUBS invest locally in our future through a variety of educational opportunities for students, teachers and our Associates. As the local communities we serve become more diverse, our commitment continues to be focused on contributing to programs that reflect our diverse customer and Associate base," added Vera Morales, Manager, College Recruiting for Wal-Mart Stores, Inc.

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