NIKE, INC. 
           COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES 
 
                                           Nine Months Ended 
                                               February 28, 
                                        _________________________ 
 
                                         1998               1997 
                                        ______             ______ 
 
                                             (in thousands) 
 
Net income                           $  467,297          $  640,068 
Income taxes                            296,200             404,900 
                                      _________           _________ 
 
    Income before income taxes          763,497           1,044,968 
 
                                      _________           _________ 
 
Add fixed charges 
    Interest expense (A)                 48,865              40,857 
    Interest component of leases (B)     31,883              19,329 
 
                                      _________           _________ 
 
Total fixed charges                      80,748              60,186 
 
                                      _________           _________ 
 
Earnings before income taxes and 
    fixed charges (C)                $  842,602          $1,102,984 
                                      =========           ========= 
 
Ratio of earnings to total fixed 
    charges                               10.43               18.33 
                                      =========           ========= 
 
(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.