Nordstrom Board of Directors Approves Quarterly Dividend of $0.10 per Share

SEATTLE, May 20 /PRNewswire-FirstCall/ -- Nordstrom, Inc. (NYSE: JWN) announced today that its Board of Directors approved a quarterly dividend of $0.10 per share payable on June 16, 2003, to shareholders of record on May 31, 2003.

Nordstrom, Inc. is one of the nation's leading fashion specialty retailers, with 143 US stores located in 27 states. Founded in 1901 as a shoe store in Seattle, Nordstrom today operates 89 full-line stores, 47 Nordstrom Racks, five Faconnable boutiques, one free-standing shoe store, and one clearance store. Nordstrom also operates 24 international Faconnable boutiques, primarily in Europe. Additionally, Nordstrom Direct serves customers through its online presence at http://www.nordstrom.com and through its direct mail catalogs.

SOURCE  Nordstrom, Inc.
    -0-                             05/20/2003
    /CONTACT:  media, Shasha Richardson, +1-206-373-3038, or investors,
Stephanie Allen, +1-206-303-3262, both of Nordstrom, Inc./
    /Web site:  http://www.nordstrom.com/
    (JWN)

CO:  Nordstrom, Inc.
ST:  Washington
IN:  REA
SU:  DIV



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0363 05/20/2003 19:16 EDT http://www.prnewswire.com