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Nordstrom Announces 144 Filing

SEATTLE, Jul 18, 2003 /PRNewswire-FirstCall via COMTEX/ -- Nordstrom, Inc. (NYSE: JWN) announced today that it has been informed that the Elmer and Katharine Nordstrom Family Interests, Limited Partnership are filing a Rule 144 notice with the Securities and Exchange Commission stating its intention to sell up to 2.7 million shares of Nordstrom, Inc. common stock. The Partnership owns 10,916,552 or 8% of Nordstrom's outstanding shares and is proposing to sell a portion of its holdings in order to diversify its financial assets. John N. Nordstrom, a director of Nordstrom, Inc., and James F. Nordstrom, Jr., corporate merchandise manager, Children's Shoes are the only partners of the Partnership who are active in the operation of Nordstrom, Inc. The Partnership has an additional 20 members of the Nordstrom family among whom J. Daniel Nordstrom, William E. Nordstrom and James A. Nordstrom are former employees of Nordstrom, Inc.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001011/NORDLOGO )

Nordstrom family members Bruce Nordstrom, chairman of the board, Nordstrom, Inc., Blake Nordstrom, president, Nordstrom, Inc., Peter Nordstrom, president, full-line stores and Erik Nordstrom, executive vice-president, full-line stores are not partners of this Partnership.

"We want to be clear that this action by the Partnership is an independent investment decision driven simply by the Partnership's desire to diversify its financial assets," said Bruce Nordstrom, chairman, Nordstrom, Inc. "The Nordstrom, Inc. management team is wholly committed to the future success of Nordstrom, Inc. and is excited to continue offering customers the best quality shopping experience possible."

Nordstrom, Inc. is one of the nation's leading fashion specialty retailers, with 143 US stores located in 27 states. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 89 full-line stores, 47 Nordstrom Racks, five Faconnable boutiques, one free-standing shoe store and one clearance store. Nordstrom also operates 31 international Faconnable boutiques, primarily in Europe. Additionally, Nordstrom serves customers through its online presence at http://www.nordstrom.com and through its direct mail catalogs. 

     INVESTOR CONTACT:
     Stephanie Allen
     Nordstrom, Inc.
     206-303-3262

     MEDIA CONTACT:
     Shasha Richardson
     Nordstrom, Inc.
     206-373-3038

SOURCE Nordstrom, Inc. 

INVESTOR CONTACT: Stephanie Allen, +1-206-303-3262, or MEDIA
CONTACT: Shasha Richardson, +1-206-373-3038, both of Nordstrom, Inc.
/Photo:  NewsCom: http://www.newscom.com/cgi-bin/prnh/20001011/NORDLOGO
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http://www.nordstrom.com