STAMFORD, Conn., November 19, 2007 - World Wrestling Entertainment(r) is proud to announce the formation of Florida Championship Wrestling, a new training center for future WWE Superstars. The official developmental territory is scheduled to be fully operational by December 2007.

“Florida Championship Wrestling will serve as a training ground for the WWE Superstars and Divas of the future,” said John Laurinaitis, Senior Vice President, Talent Relations. “FCW is building a top-notch facility in the heart of Tampa Bay that has the capacity to groom our vast crop of rising Superstars.”

FCW’s training facility is being expanded to 10,000 square feet, and will include a 300-seat arena. The rejuvenated training facility will also host a weekly show in front of a live audience to be broadcast for regional television. Currently, the facility operates with four rings in which it trains 35 contracted athletes. WWE plans to increase that number to more than 60 in the near future.

WWE has contracted with WWE Legend and former Superstar Steve Keirn to operate the territory. WWE trainer Tom Prichard will oversee all talent training.

FCW is located at 4535 S Dale Mabry Rd in South Tampa. More information is available at fcwwrestling.com.

Additional information on World Wrestling Entertainment, Inc. (NYSE: WWE) can be found at wwe.com and corporate.wwe.com. For information on our global activities, go to http://www.wwe.com/worldwide/

-30-

Media Contact: Gary Davis, 203-353-5066

Investor Contact: Michael Weitz, 203-352-8642

Get an email update when major stories break! Our email updates are sent out only when a major story (that would appear in the Top Stories section of the site) breaks or after a PPV. Your email is kept confidential and is never given out to anyone. To sign up for our email updates, click here.