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April 11

April 11, 2008 –Disney Announces Philippe Gas as President of Euro Disney S.A.S

“Together with the strong international management team, Philippe is committed to the Company’s long-term strategy and to its continued growth as Europe’s number 1 tourist destination.” – Chairman of Walt Disney Parks and Resorts James A. Rasulo

On April 11, 2008, an announcement was released that Philippe Gas was named to the top position of President of Euro Disney S.A.S, the management company and operator of Disneyland Paris. Gas was named to succeed Karl Holz, who was moving on to a new position as President of New Vacation Operations for Walt Disney Parks and Resorts. Gas joined Disney in 1991 after completing his law degree from the University of Paris Assas, working as a finance controller and as part of the opening team of Disneyland Paris, then known as Euro Disney. After a promotion in 1997 to the Director of Corporate Compensation, Gas moved to the Walt Disney Company Headquarters in Burbank, California. He had another promotion in 2000 to the Regional Vice President of Human Resources for The Walt Disney Company Asia-Pacific, overseeing HR practices in 13 countries, including Japan and Hong Kong. He returned to Disneyland Paris in 2004 as Senior Vice President of Human Resources, and continued to climb the organization until he was named the Executive Vice President of Human Resources, Diversity & Inclusion for Walt Disney Parks and Resorts worldwide in 2006. Gas was scheduled to fully assume his new appointment as president on September 1, 2008.

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