NIKE, Inc. Declares Dividend

BEAVERTON, Ore., Aug. 13 /PRNewswire-FirstCall/ -- The Board of Directors of NIKE, Inc. (NYSE: NKE) has declared a quarterly cash dividend of eighteen and a half cents ($0.185) per share on the company's outstanding Class A and Class B Common Stock payable October 1, 2007, to NIKE, Inc.'s shareholders of record at the close of business September 10, 2007.

(Logo: http://www.newscom.com/cgi-bin/prnh/19990818/NIKELOGO)

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 Cole Haan Holdings Incorporated, a leading designer and marketer of luxury shoes, handbags, accessories and coats; Converse Inc., which designs, markets and distributes athletic footwear, apparel and accessories; Exeter Brands Group LLC, which designs and markets athletic footwear and apparel for the value retail channel; Hurley International LLC, which designs, markets and distributes action sports and youth lifestyle footwear, apparel and accessories and NIKE Bauer Hockey Inc., a leading designer and distributor of hockey equipment.

SOURCE NIKE, Inc.

Released August 13, 2007