Wal-Mart Pledges One Acre for Every Acre Developed

 Partners with the National Fish and Wildlife Foundation on Land Conservation Program

 Press Release from Walmart

WASHINGTON, D.C. (April 12, 2005) – The National Fish and Wildlife Foundation and Wal-Mart announced today a groundbreaking partnership program, “Acres for America,” which will conserve critical wildlife habitats for future generations. Wal-Mart has committed $35 million for the next 10 years to conserve at least one acre of priority wildlife habitat for every acre developed for company use. This new program is one of the largest ever public/private partnerships and the first time a company has tied its footprint to land conservation.

Acres for America will permanently conserve at least one acre of priority wildlife habitat for every developed acre of Wal-Mart’s current footprint, as well as the company’s future development over the next 10 years. This puts the minimum total acres to be protected at 138,000. Lands conserved will benefit a wide variety of wildlife, including large and small mammals, freshwater and saltwater fish, migratory and neo-tropical birds and native plants.

“Wal-Mart is the first corporation to commit to offsetting its entire developed land use for conservation,” said Max Chapman, Jr., Foundation chairman. “We introduced the concept of the offset program to Wal-Mart last year,” he said. “They were quick to say yes, and Wal-Mart’s leadership is raising the bar in conservation.”

“As partners, we are conserving wildlife habitat on a large scale to safeguard migratory corridors, breeding grounds and natural areas essential to the long-term health of America’s wildlife,” said John Berry, Foundation executive director.

The Foundation will identify key habitats throughout the country working in partnership with the nation’s local, state and national conservation organizations and public land management agencies. As part of the announcement, five leadership grants resulting from Wal-Mart’s Acres for America were named.

These signature projects include:

�� Catahoula National Wildlife Refuge, Louisiana

�� Sherfield Cave and the Headwaters of the Buffalo National River, Arkansas

�� North Rim of the Grand Canyon, Arizona

�� Back to Home Waters/ Squaw Creek, Oregon

�� Downeast Lakes Forestry Partnership, Maine

 

The National Fish and Wildlife Foundation will be able to leverage Wal-Mart’s funding to find matching grants and other funding sources, which will often provide a two-for-one or even three-to-one acre match. The five signature projects announced today will result in the conservation of more than 321,000 acres.

“America loses nearly three million acres of open space each year,” said Larry Selzer, president of the Conservation Fund. “It’s critical that we act now to protect some of the most important landscapes that we have left, and these areas represent the best of wildlife habitat and opportunities for outdoor recreation. The Conservation Fund is proud to work with the Foundation and Wal-Mart to leave a lasting legacy for future generations.”

“We are proud that Wal-Mart is making land conservation history, but quite simply, protecting our environment is simply the right thing to do,” said Mike Duke, executive vice president and president and chief executive officer of Wal-Mart Stores – USA. “By giving back something now, our kids, our grandkids and others will have a chance to enjoy these national treasures for years to come.”

The Foundation will consider recommendations for projects that would generate the greatest impact to important fish, wildlife or plant resources. To apply or for more information log onto www.nfwf.org or www.walmartfacts.com.

About National Fish and Wildlife Foundation

The National Fish and Wildlife Foundation is a nonprofit organization established by Congress in 1984 and dedicated to the conservation of fish, wildlife and plants, and the habitat on which they depend. The Foundation creates partnerships between the public and private sectors to strategically invest in conservation and the sustainable use of natural resources. The Foundation awarded over 7,000 grants to more than 2,600 organizations in the United States and abroad and has leveraged – with its partners – more than $305 million in federal funds since its establishment, for a total of more than $918 million in on-the-ground conservation. For more information, visit www.nfwf.org

About Wal-Mart Stores, Inc.

Wal-Mart Stores, Inc. operates Wal-Mart Stores, Supercenters, Neighborhood Markets and SAM'S CLUB locations in the United States. Internationally, the company operates in Argentina, Brazil, Canada, China, Germany, Japan, Mexico, Puerto Rico, South Korea and the United Kingdom. The company's securities are listed on the New York and Pacific stock exchanges under the symbol WMT. More information about Wal-Mart can be found by visiting www.walmartfacts.com  Online merchandise sales are available at www.walmart.com