Nordstrom Board of Directors Approves Quarterly Dividend of $0.10 per Share

SEATTLE, Nov. 18 /PRNewswire-FirstCall/ -- Nordstrom, Inc. (NYSE: JWN) announced today that its Board of Directors approved a quarterly dividend of $0.10 per share payable on December 16, 2002, to shareholders of record on November 30, 2002.

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

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, Nordstrom today operates 88 full-line stores, 48 Nordstrom Racks, five Faconnable boutiques, one free-standing shoe store, and one clearance store. Nordstrom also operates 23 international Faconnable boutiques, primarily in Europe. Additionally, Nordstrom Direct serves customers through its online presence at http://www.nordstrom.com and through its direct mail catalogs.

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

-0- 11/18/2002

/CONTACT: media, Shasha 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

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