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

                                        1998           1997 
                                        ____           ____ 
 
                                           (in millions) 
 
Net income                             $163.8         $253.1 
Income taxes                            107.0          158.5 
                                       ______         ______ 
 
      Income before income taxes        270.8          411.6 
                                       ______          _____ 
 
Add fixed charges 
      Interest expense (A)               15.6           17.2 
      Interest component of leases (B)   10.4           10.1 
                                       ______         ______ 
 
Total fixed charges                      26.0           27.3 
                                       ______         ______ 
 
Earnings before income taxes and 
      fixed charges (C)                $295.4         $438.6 
                                       ======         ====== 
Ratio of earnings to total fixed 
      charges                           11.36          16.07 
                                       ======         ======= 
 
(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.