Rule 424(b)(3)
Registration No. 33-62777
PRICING SUPPLEMENT NO. 10 dated March 25, 1997
THE WALT DISNEY COMPANY
Medium-Term Notes
This Pricing Supplement accompanies and supplements the Prospectus dated
March 7, 1996, as supplemented by the Prospectus Supplement, dated March 7,
1996 (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: $25,000,000
Original Issue Price: Varying prices related to prevailing market prices.
CUSIP No: 25468PAK2
Proceeds to the Company: $24,968,750
Discount or Commission to Agents: $31,250
Original Issue Discount: N/A
Original Issue Date: 4/25/97
Stated Maturity: 4/25/2012
Yield to Maturity: N/A
Earliest Redemption Date: April 25, 2000 or any Interest Payment Date
occurring in April or October thereafter up to but
not including the Maturity Date (with at least 30
calendar days' but no more than 60 calendar days'
prior notice).
Redemption Price: The Notes are redeemable, in whole but not in part, at
100% of principal amount plus accrued interest to the
Redemption Date.
Interest Rate Per Annum (for Fixed Rate Notes): 7.50%
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): Semiannually on each April 25th and October 25th,
commencing on October 25, 1997.
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
Calculation Agent: Citibank, N.A.
Plan of Distribution:
Goldman, Sachs & Co. has acted as principal with respect to the purchase
of the Notes.
