NIKE, INC. 
                  COMPUTATION OF RATIO OF EARNINGS TO CHARGES 
 
                                         Three Months Ended 
                                             August 31, 
                                         __________________ 

                                        1997           1996 
                                        ____           ____ 
 
                                           (in thousands) 
 
Net income                            $  253,130      $  226,063 
Income taxes                             158,500         142,900 
                                      __________      __________ 
 
      Income before income taxes         411,630         368,963 
                                      __________      __________ 
 
Add fixed charges 
      Interest expense (A)                17,258          12,666 
      Interest component of leases (B)    10,082           5,260 
                                      __________      __________ 
 
Total fixed charges                       27,340          17,926 
                                      __________      __________ 
 
Earnings before income taxes and 
      fixed charges (C)               $  438,631      $  386,889 
                                      ==========      ========== 
Ratio of earnings to total fixed 
      charges                              16.04           21.58 
                                           =====           ===== 
 
(A) Interest expense includes both expensed and capitalized. 
(B) Interest component of leases includes one-third of rental expense, 
    which approximates the interest component of operating leases. 
(C) Earnings before income taxes and fixed charges is exclusive of 
    capitalized interest.