World Wrestling Entertainment, Inc. provided the updates regarding the composition of its Board of Directors. In connection with the change in the composition of the Board of Directors and in cooperation with Vince McMahon as majority shareholder, the Company intends to undertake a review of its strategic alternatives with the goal being to maximize value for all WWE shareholders. Vince McMahon, in his capacity as controlling shareholder of the Company, has removed JoEllen Lyons Dillon, Jeffrey R. Speed and Alan M. Wexler from the Board.

Vince McMahon, George Barrios and Michelle Wilson have been added to the Board to fill the resulting vacancies. Ignace Lahoud and Man Jit Singh have resigned from the Board, effective today.