NIKE, Inc. Announces 17 Percent Increase in Quarterly Dividend and Two-for-One Stock Split

  NIKE, Inc. Announces 17 Percent Increase in Quarterly Dividend and
  Two-for-One Stock Split

Business Wire

BEAVERTON, Ore. -- November 15, 2012

NIKE, Inc. (NYSE:NKE) announced today that its Board of Directors approved a
two-for-one split of both NIKE Class A and Class B Common shares. The stock
split will be in the form of a 100 percent stock dividend payable on December
24, 2012 to shareholders of record at the close of business December 10, 2012.

Upon completion of the split, the outstanding shares of NIKE Class A and Class
B common stock will increase to approximately 178 million and 720 million,
respectively. The Company expects its common stock to begin trading at the
split-adjusted price on December 26, 2012.

In addition, the Board of Directors declared a quarterly cash dividend on the
company’s outstanding Class A and Class B Common Stock of $0.21 per share, on
a post-split basis, payable on December 26, 2012 to shareholders of record at
the close of business on December 10, 2012. The dividend represents a 17
percent increase over the previous split-adjusted quarterly rate of $0.18 per
share. This is the eleventh year in a row the Company has increased its annual
dividend, over which time the dividend has increased by a factor of almost
seven.

“NIKE has a consistent track record of delivering value to our shareholders,”
said Mark Parker, President and CEO of NIKE, Inc. “Over the last eleven years
the Company has returned over $14 billion to shareholders through dividend
payments and share repurchases. Today’s increase, together with the four-year,
$8 billion share repurchase program announced in September, reflects our
commitment to delivering value for our shareholders and the ongoing confidence
we have in our strategy to generate long-term profitable growth and strong
cash flows. I’ve never been more confident and excited about our future growth
opportunities.”*

About NIKE, Inc.

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, Inc. subsidiaries include Cole Haan, which designs, markets
and distributes luxury shoes, handbags, accessories and coats; Converse Inc.,
which designs, markets and distributes athletic footwear, apparel and
accessories; and Hurley International LLC, which designs, markets and
distributes action sports and youth lifestyle footwear, apparel and
accessories. For more information, NIKE’s earnings releases and other
financial information are available on the Internet at
http://investors.nikeinc.com and individuals can follow @Nike.

* The marked paragraph contains forward-looking statements that involve risks
and uncertainties that could cause actual results to differ materially. These
risks and uncertainties are detailed from time to time in reports filed by
NIKE with the S.E.C., including Forms 8-K, 10-Q, and 10-K.

Contact:

NIKE, Inc.
Investor Contact:
Gavin Lindberg, 503-671-8178
or
Media Contact:
Mary Remuzzi, 503-532-8767