WAL-MART EXECUTIVES LEND SUPPORT TO NCLR CONVENTION

WAL-MART EXECUTIVES LEND SUPPORT TO NCLR CONVENTION

Company One of Top Major Sponsors in Miami


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Bentonville, AR –(HISPANIC PR WIRE)–August 2, 2002–Two of Wal-Mart Store, Inc.’s top executives showed their support for the National Council of La Raza (NCLR) at the organization’s 20th annual convention this past week in Miami Beach, FL. Executive Vice President of the People Division Coleman Peterson and Vice President of Merchandising Theresa Barrera welcomed NCLR officers and affiliate members to the Wal-Mart corporate booth and Wal-Mart sponsored luncheon event.

As part of their participation at the convention, Wal-Mart hosted representatives from two national non-profit partners, Children’s Miracle Network and Speaking of Women’s Health, two health-focused organizations to share their respective community programs and services with the attendees. These two organizations are two of the many not-for-profit groups who are recipients of Wal-Mart’s charitable contributions.

“It is our commitment to support organizations which provide the greatest benefits to a vast number of people,” said Cole Peterson. “The presence of both Children’s Miracle Network and Speaking of Women’s Health was well received by NCLR affiliates who visited our booth,” he added.

Peterson and Barrera are the highest ranking African American and Hispanic individuals respectively at Wal-Mart. They were joined at the convention by Wal-Mart Board Member Jose Villarreal, who also has the distinction of being the Chairman of the Board of NCLR.

“As a member of both organizations’ Board of Directors this opportunity was twice as gratifying for me,” explained Villarreal. “Coleman and Theresa represent the development that Wal-Mart is making in the area of employment, and especially within the critical policy-making level. This is a great message to convey to NCLR and its affiliate members from across the country.”

Another Wal-Mart guest was Hispanic supplier Lopez Foods, Inc. from Oklahoma City, OK, which provided attendees with samples of Lopez’ food products. The return was special for Lopez, who began his professional career with NCLR during the organization’s formative years in Arizona.

“It is a pleasure and an honor to return to NCLR in the company of such a respected corporate leader like Wal-Mart Stores, Inc.,” stated Lopez, who operates a “state-of-the-art” meat processing plant in Oklahoma City, OK. According to Hispanic Business Magazine, Lopez Foods, Inc. is ranked the second-largest Latino-owned, food manufacturing company in the United States.

According to Wal-Mart, support of-and participation in-the activities of the nation’s top Latino organizations is essential for companies to continue to do the right thing for their customers, suppliers and employees.

Wal-Mart Stores, Inc. operates more than 2,740 discount stores, Supercenters and Neighborhood Markets, and more than 500 SAM’S CLUBS in the United States. Internationally, the company operates more than 1,170 units. Wal-Mart Stores, Inc. is the largest private employer of Hispanics in the US with more than 97,000 Hispanic associates and employs 1.3 million associates worldwide. Last year Wal-Mart and SAM’S CLUB associates raised and contributed more than $194 million to support local communities and non-profit organizations. FORTUNE magazine has named Wal-Mart the third “most admired” company in America and one of the 100 best companies to work for in the United States.

More information about Wal-Mart can be located online at http://www.walmart.com and http://www.walmartstores.com. The SAM’S CLUB Web site can be accessed at http://www.samsclub.com. And more information about Wal-Mart’s Good Works community involvement is available at http://www.walmartfoundation.org.

CONTACT:

José R. Gómez

(479) 277-0608

WAL-MART EXECUTIVES LEND SUPPORT TO NCLR CONVENTION