September 3, 1997


Nordstrom, Inc.
1321 Second Avenue
Seattle, Washington 98101

Attn:  John A. Goesling

Re:  Amendment to Master Note Agreement

Dear John:

This letter will serve to document the amendment to the Master Note Agreement 
and Master Note dated as of July 17, 1997 (collectively, the "Agreement") by 
and between Nordstrom Credit, Inc. and Nordstrom, Inc. and effective as of 
September 3, 1997.

The parties wish to amend the Agreement as to the method by which the interest 
rate is computed.  Therefore, the parties agree as follows:

1.  The third paragraph of the Agreement is deleted in its entirety and the 
following is inserted in lieu thereof:


The principal amount of each loan shall be specified from time to time in the 
manner hereinafter provided.  The master note shall be dated as of the date of 
its issue and shall bear interest from said date, payable on the first day of 
each month on the daily principal amount from time to time outstanding during 
the accrual period, at a rate or rates equivalent to the One Month LIBOR Rate 
(as hereinafter defined) for such day, less fourteen (14) basis points, or, if 
such day is not a business day, the rate for the immediately preceding 
business day.  For purposes of this Agreement, the term "One Month LIBOR Rate" 
shall mean the one month USD LIBOR Rate (British Bankers Association) quoted 
on page 3750 of Telerate.  If the One Month LIBOR Rate is not available for 
any business day, the applicable rate for such date shall be the one month 
LIBOR rate for such day as determined by you, in a commercially reasonable 
manner, on the basis of quotations received by you from one or more U.S. money 
center banks of recognized standing used by you.  Each change in such rate 
shall be effective with respect to all loans outstanding hereunder on the same 
date as the change in the index rate is effective.  For purposes of computing 
interest, principal amounts loaned hereunder shall be deemed to be outstanding 
on the date loaned but not on the date repaid.


2.  Any and all sums outstanding pursuant to the Agreement as of the effective 
date shall immediately begin to accrue interest under the Agreement as hereby 
amended from and after the effective date.

3.  Except as expressly amended by this letter amendment, the Agreement and all 
the terms, conditions and provisions thereof shall continue in full force 
and effect, and from and after the effective date of this amendment as set 
out above, all references to the Agreement shall be to the Agreement as so 
amended.

Nordstrom Credit, Inc.


By /s/ John Walgamott
   -----------------------------------------
   John Walgamott, President


Nordstrom, Inc.


By /s/ John A. Goesling
   -----------------------------------------
   John A. Goesling, Chief Financial Officer