The Walt Disney Company Commits RMB 1 Million to Rebuild Schools in Quake Devastated Region of China

The Walt Disney Company announced today it will contribute Rmb 1 million to the China Youth Development Foundation (CYDF) to help rebuild schools devastated by a powerful earthquake in the western Chinese province of Qinghai. “On behalf of The Walt Disney Company, I extend our deepest condolences to the people of China and hope our contribution can help the children and families affected by this terrible earthquake,” said Robert A. Iger, president and CEO, who announced the donation while visiting Shanghai. Disney worked with the non-governmental CYDF after the devastating 2008 earthquake in Sichuan and Gansu provinces to build both temporary schools and to help in the long-term reconstruction of damaged facilities. The temporary schools have served as an important refuge for children and youth, providing them a nurturing environment where they could regain a sense of normality and continue their education. “We believe CYDF is well positioned to provide immediate and effective aid to the communities in Qinghai during their time of need,” said Stanley Cheung, Executive Vice President and Managing Director, The Walt Disney Company, Greater China.