BEAVERTON, Ore. (14 February, 2008) — The Board of Directors of NIKE, Inc. (NYSE:NKE) has declared a quarterly cash dividend of twenty three cents ($0.23) per share on the company's outstanding Class A and Class B Common Stock payable April 1, 2008, to NIKE, Inc.'s shareholders of record at the close of business March 10, 2008.

About Nike

NIKE, Inc. based near Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Wholly owned Nike subsidiaries include Converse Inc., which designs, markets and distributes athletic footwear, apparel and accessories; Cole Haan Holdings Incorporated, which designs, markets and distributes luxury shoes, handbags, accessories and coats; NIKE Bauer Hockey Corp., a leading designer and distributor of hockey equipment; and Hurley International LLC, which designs, markets and distributes action sports and youth lifestyle footwear, apparel and accessories. For more information, visit www.nikebiz.com.