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Disney May Set Theme Park Attendance Record in 2007 (Update2)

By Andy Fixmer

Sept. 18 (Bloomberg) -- Walt Disney Co., the world's biggest theme-park operator, may post record attendance at its U.S. resorts this year as new attractions lure visitors, Chief Executive Officer Robert Iger said.

Attendance in fiscal 2007, which ends in two weeks, may exceed the record number of tickets sold in 2006, when Disney's parks celebrated a 50th anniversary, Iger said today at a Goldman, Sachs & Co. conference in New York.

Disney will continue to add new attractions at its domestic and international resorts, Iger said. A ``Finding Nemo'' ride at Disneyland in Anaheim, California, and a new rollercoaster at Walt Disney World outside Orlando, Florida, helped boost sales at the theme-park unit. In the nine months ended June 30, theme- park revenue increased 6.2 percent to $7.84 billion.

``We think the trends are good in terms of bookings,'' Iger said. ``Some people will keep the family vacation and not replace the faulty refrigerator and that's an interesting phenomenon.''

Disney, based in Burbank, California, rose $1.20, or 3.6 percent, to $34.58 at 4:02 p.m. in New York Stock Exchange composite trading. The shares have gained 2.3 percent this year.

To contact the reporter on this story: Andy Fixmer in Los Angeles at afixmer@bloomberg.net

Last Updated: September 18, 2007 16:18 EDT

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