Filed Pursuant to Rule 433
Registration No. 333-122139
Pricing Term Sheet

The Walt Disney Company
Floating Rate Global Notes Due 2010


The Walt Disney Company



Title of Securities:

Floating Rate Global Notes Due 2010




A2 / A-



Trade Date:

July 12, 2007



Settlement Date (T+3):

July 17, 2007



Maturity Date:

July 16, 2010



Aggregate Principal Amount Offered:




Price to Public (Issue Price):

100% plus accrued interest, if any, from July 17, 2007



Interest Rate:

3-month LIBOR plus 7 basis points



Interest Payment Dates:

Quarterly on each July 16, October 16, January 16 and April 16 commencing on October 16, 2007.



Additional Amounts:

Upon certain customary events, the Company may be required to pay as additional interest certain additional amounts in respect of certain tax withholdings.



Tax Redemption:

Redeemable at the Company’s option at 100% of the principal amount of the notes upon certain customary tax events.



Joint Bookrunners:

BNP Paribas Securities Corp.
Credit Suisse Securities (USA) LLC
Goldman, Sachs & Co.
J.P. Morgan Securities Inc.




CastleOak Securities, L.P.
Loop Capital Markets, LLC
Muriel Siebert & Co., Inc.
Samuel A. Ramirez & Company, Inc.
The Williams Capital Group, L.P.


The Issuer has filed a Registration Statement (including a prospectus) with the Securities and Exchange Commission for the Offering to which this communication relates.  Before you invest, you should read the prospectus in that registration statement and other documents the Issuer has filed with the Securities and Exchange Commission for more complete information about the Issuer and this Offering.  You may get these documents for free by visiting EDGAR on the SEC website at  Alternatively, the Issuer, any underwriter or any dealer participating in the Offering will arrange to send you the prospectus if you request it by calling BNP Paribas Securities Corp. toll-free at 1-800-854-5674, or Credit Suisse Securities (USA) LLC toll-free at 1-800-221-1037, or Goldman, Sachs & Co. toll-free at 1-866-471-2526, or J.P. Morgan Securities Inc. collect at 212-834-4533.