Nordstrom Board of Directors Approves Quarterly Dividend of $0.09 Per Share

SEATTLE, May 21, 2002 /PRNewswire-FirstCall via COMTEX/ -- Nordstrom, Inc. (NYSE: JWN) announced today that its Board of Directors approved a quarterly dividend of $0.09 per share, payable on June 14, 2002, to shareholders of record on May 31, 2002.

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

Nordstrom, Inc. is one of the nation's leading fashion specialty retailers, with 136 US stores located in 26 states. Founded in 1901 as a shoe store in Seattle, Nordstrom today operates 83 full-line stores, 46 Nordstrom Racks, four Faconnable boutiques, two free-standing shoe stores, and one clearance store. Nordstrom also operates 24 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.

CONTACT: media, Sasha Richardson, +1-206-373-3038, or investors, Stephanie Allen, +1-206-303-3262, both of Nordstrom, Inc.

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SOURCE Nordstrom, Inc.

CONTACT:          media, Sasha Richardson, +1-206-373-3038, or investors,
                  Stephanie Allen, +1-206-303-3262, both of Nordstrom, Inc.
                  /Photo:  NewsCom: http://www.newscom.com/cgi-bin/prnh/20001011/NORDLOGO
                  AP Archive: http://photoarchive.ap.org
                  PRN Photo Desk, 1-888-776-6555 or +1-212-782-2840

URL:              http://www.nordstrom.com
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