Rule 424(b)(3)
Registration No. 333-52659
PRICING SUPPLEMENT NO. 10 dated June 23, 1999
THE WALT DISNEY COMPANY
Medium-Term Notes
This Pricing Supplement accompanies and supplements the Prospectus
dated August 6, 1998, as supplemented by the Prospectus Supplement,
dated August 6, 1998 (the "Prospectus Supplement").
The Notes have the following terms (as applicable):
Rate: /X/ Fixed Rate / / Floating Rate / / Zero Coupon
/ / Discount
Form: /X/ Book-Entry / / Definitive
Principal Amount: $50,000,000
Original Issue Price: 100%
CUSIP No: 25468PBF2
Proceeds to the Company: $50,000,000
Discount or Commission to Agents: 0
Original Issue Discount: N/A
Original Issue Date: June 28, 1999
Stated Maturity: June 28, 2010
Yield to Maturity: N/A
Initial Maturity (for Renewable Notes): N/A
Final Maturity (for Renewable Notes): N/A
Earliest Redemption Date: N/A
Redemption Price: N/A
Interest Rate Per Annum (for Fixed Rate Notes): 6.80%
Interest Rate Provisions (for Floating Rate Notes): N/A
Interest Payment Dates:
/ / Third Wednesday of each month
/ / Third Wednesday of each March, June,
September and December
/ / Third Wednesday of each ________________
and _________________
/ / Third Wednesday of each ________________
/X/ Other (specify): The first Interest Payment Date shall
be August 1, 1999 and thereafter
Interest Payment Dates shall be the
1st day of each February and August
during the term of the Notes.
Regular Record Dates:
/X/ Fifteenth day (whether or not a Business Day)
immediately preceding the related Interest
Payment Date
/ / Other (specify) _____
Interest Payment Period:
/ / Monthly
/ / Quarterly
/X/ Semiannually
/ / Annually
Interest Reset Period: N/A
/ / Daily
/ / Weekly
/ / Monthly
/ / Quarterly
/ / Semiannually
/ / Annually
Interest Reset Dates: N/A
/ / As specified in Prospectus Supplement
/ / Other (specify) ______
Interest Determination Date: N/A
/ / As specified in Prospectus Supplement
/ / Other (specify) ______
Purchase of Notes at Option of Holder: N/A
Purchase Purchase
Date(s): ______ Price(s): ______
Calculation Agent: N/A
Plan of Distribution: Merrill Lynch, Pierce, Fenner & Smith
Incorporated has acted as agent for the
Company in connection with the sale of
the Notes.