May 22, 2006

Nike Opens Its First Factory Store in Louisiana

NIKE, Inc. today announced the official opening of its Factory Store at the Louisiana Boardwalk Mall in Bossier City, Louisiana.

Bossier City, LA (22 May, 2006) – NIKE, Inc. today announced the official opening of its Factory Store at the Louisiana Boardwalk Mall in Bossier City, Louisiana.

“Nike is thrilled to open our newest Factory Store in Bossier City, our first store in Louisiana. The mall offers an excellent opportunity to present our brand. In return, we’re able to create jobs and, through our community involvement, provide support to kids in the Bossier City and Shreveport area,” said Ed Stair, Nike Factory Store General Manager.

To celebrate the grand opening, Nike awarded a $5,000 cash and product grant to the Boys and Girls Club – Shreveport/Bossier City Branch. The donation is a part of NikeGO, Nike’s signature U.S. community affairs initiative aimed at getting kids more physically active. Eric Anderson, Branch Director, attended the grand opening ceremony and accepted the donation on behalf of the club.

“The Salvation Army Boys and Girls Club of Shreveport/Bossier City would like to sincerely thank you for your donation in support of our vision to make us the positive place for kids. It is corporations like Nike that help us to make a difference in children’s lives,” said Anderson.

The 15,000 square foot retail outlet will employ a total of 40 full and part-time staff. The store is located at 201 Boardwalk Blvd Bossier City, LA 71111. (318)742-9251

The Nike Factory Store at Bossier City will carry a wide selection of Nike branded footwear, apparel and equipment from past seasons. The majority of the product will be close-out or overrun product sold at a discount consistent with other stores at the center.

About NikeGO NikeGO is Nike's signature U.S. community affairs initiative and the company's long-term commitment to getting kids more physically active. The program's mission is to increase physical activity in youth, offering them the support and motivation to become physically active, stay healthy and have fun. In its most recent fiscal year, Nike contributed more than $10.5 million in cash and products and served more than 150,000 kids across the U.S. through its programs and partnerships Visit www.nikego.com for additional information.

About NIKE, Inc. NIKE, Inc. (NYSE: NKE), based near Beaverton, Oregon, USA 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; Bauer NIKE Hockey Inc., a leading designer and distributor of hockey equipment; Cole Haan® a leading designer and marketer of luxury shoes, handbags, accessories and coats; Hurley International LLC, which designs, markets and distributes action sports and youth lifestyle footwear, apparel and accessories and Exeter Brands Group LLC, which designs and markets athletic footwear and apparel for the value retail channel.