| Pricing Supplement #7 dated November 5, 2003 | Rule 424(b) (3) | |
| (To Prospectus dated January 24, 2002 and | File No. 333-71324 | |
| Prospectus Supplement dated May 29, 2002) |
NIKE, Inc.
We are hereby offering to sell Notes having the terms specified below to you with the assistance of: x Deutsche Bank Securities Inc. and o Other: , acting as: o principal x agent, at: o varying prices related to prevailing market prices at the time of resale x a fixed initial public offering price of 100% of the Principal Amount.
| Principal Amount: $20,000,000 | Original Issue Date: November 7, 2003 | |
| Agent’s Discount or Commission: .625% | Stated Maturity Date: October 15, 2015 | |
| Nets Proceeds to Company: $19,961,594.44 | Interest Payment Date(s): April 15th and October 15th |
Interest Rate: 5.15% per annum
Redemption:
| x | The Notes may not be redeemed prior to the Stated Maturity Date. | |
| o | The Notes may be redeemed at the option of the Company prior to the Stated Maturity Date. | |
| Initial Redemption Date: | ||
| Initial Redemption Percentage: | ||
| Annual Redemption Percentage Reduction: % until Redemption Percentage is 100% of the Principal Amount. | ||
| o | The Notes shall be redeemed by the Company prior to the Stated Maturity Date (see attached) |
Repayment:
| x | The Notes may not be repaid prior to the Stated Maturity Date. | |
| o | The Notes may be repaid prior to the Stated Maturity Date at the option of the holder of the Notes. | |
| Option Repayment Date(s): |
Currency:
| Specified Currency: United States dollars. (If other than U.S. dollars, see attached) |
| Minimum Denominations: (Applicable only if Specified Currency is other than U.S. dollars) |
| Exchange Rate Agent: (Applicable only if Specified Currency is other than U.S. dollars) |
If Discount Note, check o
Issue Price: %
Form: x Book-Entry oCertificated
Other Provisions: