e424b3
 

     
Pricing Supplement #8 dated January 14, 2003   Rule 424(b) (3)
(To Prospectus dated January 24, 2002 and   File No. 333-71324
Prospectus Supplement dated May 29, 2002)    

NIKE, Inc.

Medium-Term Notes — Fixed Rate

     We are hereby offering to sell Notes having the terms specified below to you with the assistance of: x HSBC Securities (USA) Inc. and o Other:                              , acting as: o principal x agent, at: x varying prices related to prevailing market prices at the time of resale o a fixed initial public offering price of 100% of the Principal Amount.

     

Principal Amount: $35,000,000   Original Issue Date: January 21, 2004
Agent’s Discount or Commission: .600%   Stated Maturity Date: October 15, 2015
Net Proceeds to Company: $36,503,804.17   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   o   Certificated        

Other Provisions: