NKE » Topics » ARGENTINA

This excerpt taken from the NKE 10-K filed Jul 27, 2009.

ARGENTINA

Securities Law Information. Shares of the Company’s Common Stock are not publicly offered or listed on any stock exchange in Argentina. The offer is private and not subject to the supervision of any Argentine governmental authority.

Exchange Control Information. Under the current regulations adopted by the Argentine Central Bank (the “BCRA”), the Optionee may purchase and remit foreign currency with a value up to US$2,000,000 per month out of Argentina for the purpose of acquiring foreign securities, including shares, without prior approval from the BCRA, provided the Optionee executes and submits an affidavit to the BCRA confirming that the Optionee has not purchased and remitted funds in excess of US$2,000,000 during the relevant month.

Please note that exchange control regulations in Argentina are subject to frequent change. The Optionee should consult with his or her personal legal advisor regarding any exchange control obligations that the Optionee may have prior to exercising the shares or receiving proceeds from the sale of shares under the Plan.

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