DBRS Rates JPY 100 Billion Wal-Mart Issue at AA

DBRS has today assigned a rating of AA with a Stable trend to the following senior unsecured debt issues of Wal-Mart Stores, Inc.:

-- JPY 83.1 billion, 1.49% notes due August 6, 2014
-- JPY 16.9 billion, floating rate notes due August 6, 2014

The notes rank pari passu with Wal-Mart Stores, Inc.’s other senior unsecured indebtedness. Proceeds from the note issues will be used for general corporate purposes.

Notes:
The applicable methodology is Rating Merchandisers, which can be found on the DBRS website under Methodologies.

This is a Corporate rating.