NIKE, INC. 
                  COMPUTATION OF RATIO OF EARNINGS TO CHARGES 
 
                                         Nine Months Ended 
                                             February 28, 
                                         __________________ 

                                        1999           1998 
                                        ____           ____ 
 
                                           (in millions) 
 
Net income                             $357.0         $467.3 
Income taxes                            233.1          296.2 
                                       ______         ______ 
 
      Income before income taxes        590.1          763.5 
                                       ______          _____ 
 
Add fixed charges 
      Interest expense (A)               40.1           48.9 
      Interest component of leases (B)   31.7           31.9 
                                       ______         ______ 
 
Total fixed charges                      71.8           80.8 
                                       ______         ______ 
 
Earnings before income taxes and 
      fixed charges (C)                $656.5         $842.6 
                                       ======         ====== 
Ratio of earnings to total fixed 
      charges                            9.14          10.43 
                                       ======         ====== 
 
(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.