Nordstrom Board Announces Quarterly Dividend

SEATTLE, May 18 /PRNewswire-FirstCall/ -- Nordstrom, Inc.'s (NYSE: JWN) board of directors announced that it has approved a quarterly dividend of $0.11 per share, payable on June 15, 2004, to shareholders of record on May 28, 2004.

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

Nordstrom, Inc. is one of the nation's leading fashion specialty retailers, with 149 US stores located in 27 states. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 92 full-line stores, 49 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. Nordstrom, Inc. is publicly traded on the NYSE under the symbol JWN.

Investor Contact:
Stephanie Allen, 206-303-3262

Media Contact:
Deniz Anders, 206-373-3038

SOURCE Nordstrom, Inc.