Nordstrom December Comps Are Up 9.1%

Nordstrom reported preliminary sales of $941.8 million for the five-week period ending January 3, 2004, an increase of 12.2 percent compared to sales of $839.2 million for the five-week period ending January 4, 2003. Same-store
sales increased 9.1 percent.

December same-store sales in full-line stores increased in all geographic
regions and all major merchandise categories.

Preliminary quarter-to-date sales of $1.6 billion increased 11.4 percent
compared to quarter-to-date 2002 sales of $1.4 billion. Quarter-to-date
same-store sales increased 8.4 percent.

Preliminary year-to-date sales of $6.1 billion increased 8.2 percent
compared to year-to-date 2002 sales of $5.7 billion. Year-to-date same-store
sales increased 4.1 percent.

GAAP Sales Performance

                                                         %Change     %Change

     Sales                 Dec.      Dec.     Dollar       Total        Comp

     Reconciliation ($M)   2003      2002   Increase       Sales       Sales

       Number of

        Days GAAP           35        31

       GAAP Sales       $941.8     $789.1     $152.7       19.4%        15.8%

       Plus Jan.

        1-4, 2003 sales             $50.1

       Reported

        4-5-4 sales     $941.8     $839.2     $102.6       12.2%         9.1%

       4-5-4

       Adjusted Days        35         35

                                                          % Change    %Change

     Sales                  QTD        QTD     Dollar        Total       Comp

     Reconciliation ($M)   2003       2002    Increase       Sales      Sales

       Number of

        Days GAAP            63         61

       GAAP Sales      $1,573.7   $1,405.9     $167.8        11.9%       8.9%

       Less Nov. 1-2,

        2002 sales           --     ($43.2)

       Plus Jan. 1-4,

        2003 sales           --      $50.1

       Reported

        4-5-4 sales    $1,573.7   $1,412.8     $160.9        11.4%      8.4%

       4-5-4 Adjusted

        Days                 63         63
                                                          % Change    %Change

     Sales                  YTD        YTD     Dollar       Total      Comp

     Reconciliation ($M)   2003       2002    Increase      Sales      Sales

        Number of

         Days GAAP         337        334

        GAAP Sales    $6,133.0   $5,630.4     $502.6        8.9%        4.4%

         Less Feb. 1,

         2003           ($18.2)        --

        Less Feb.

         1-2, 2003

         sales              --     ($30.4)

        Plus Jan.

         1-4, 2003

         sales              --      $50.1

        Reported

         4-5-4

         sales        $6,114.8   $5,650.1     $464.7        8.2%        4.1%

        4-5-4 Adjusted

         Days              336        336