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

SEATTLE, Aug 20, 2002 /PRNewswire-FirstCall via COMTEX/ -- Nordstrom, Inc. (NYSE: JWN) announced today that its Board of Directors approved a quarterly dividend of $0.10 per share, an increase of $0.01 per share from prior quarters, payable on September 16, 2002, to shareholders of record on August 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 137 US stores located in 26 states. Founded in 1901 as a shoe store in Seattle, Nordstrom today operates 83 full-line stores, 48 Nordstrom Racks, four 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.

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

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

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SOURCE Nordstrom, Inc.

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
                  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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