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BRIEF-Wal Mart Stores-chairman says company is committed to board Independence

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June 1 (Reuters) - Wal-Mart Stores Inc :

* Chairman says company is committed to board Independence

* Chairman says 10 board members are independent, 1 more to be added today

* Chairman says taking allegations of fcpa issues "very seriously"

* Chairman says audit committee using every resource necessary for thorough

inquiry

* Chairman says working to further strengthen fcpa compliance worldwide

* Chairman says acting with integrity is not negotiable

* Chairman says personally committed to doing the right thing, the right way,

"you have my word on that"

((Chicago Equities; tel: +1 312 408-8787))

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