DBRS New Issue – The Walt Disney Company

Dominion Bond Rating Service (DBRS) has assigned a rating of A (low) with a Stable trend to The Walt Disney Company’s (Disney) US$750 million 5.7% senior unsecured notes maturing July 2011.

The proceeds from this issue will be used for general corporate purposes.

DBRS notes that it recently upgraded its rating on Disney to A (low) from BBB (high) on June 5, 2006, and published a full report providing additional analytical detail on this rating action.