HILVERSUM, Netherlands, June 28 /PRNewswire/ --

- World's Number One Basketball Brand Joins Forces with Europe's Premier
Basketball League

Nike and Euroleague Basketball have announced a new five-year partnership
to make Nike the official basketball supplier for Euroleague competition. The
union of the world's number one basketball brand with two of the best
Pan-European basketball competitions is the latest demonstration of both
organizations' commitment to growing the game in Europe.

HILVERSUM, Netherlands, June 28 /PRNewswire/ --

(Photo: http://www.newscom.com/cgi-bin/prnh/20070628/AQTH003 )

HILVERSUM, Netherlands, June 28 /PRNewswire/ --

(Logo: http://www.newscom.com/cgi-bin/prnh/19990818/NIKELOGO )

The league's 24 teams and ULEB Cup's 54 teams will be playing with the
Nike 4005 Tournament Ball for the 2008 season, as well as a series of
pre-season events, including the Euroleague China Tour in October. The 4005
Tournament ball will tip-off in its first official Euroleague play at the
ULEB Summer League this weekend in Jesolo, Italy.

The 4005 Tournament basketball's 4-panel design utilizes less converging
lines so the shooter can place his or her hands in the optimal shooting
position quickly. The panel material is composite (or synthetic) leather with
a microfiber backer that keeps sweat from collecting on the surface of the
ball for a sure handle and soft touch.

"The partnership with Euroleague Basketball will further strengthen our
connection to the global game of basketball," said Jim Savino, General
Manager of Basketball for Nike Europe, Middle East and Africa. "We look
forward to bringing together our 35 years of basketball heritage and design
expertise with Euroleague's talented players and passionate fans."

"We are excited to announce this new pan-European partnership, bringing
the best of European basketball to the top of professional enterprise. Thanks
to the application and hard work from many teams and leagues, we are today
able to broker such a deal," said Jordi Bertomeu CEO of Euroleague
Basketball. "We know that Nike can bring a lot of positive results in
professional basketball and we are happy to be a part of that growth".

About Nike Inc.

Nike, Inc. based near Beaverton, Oregon is the world's leading designer,
marketer and distributor of authentic athletic footwear, apparel, equipment
and accessories for a wide variety of sports and fitness activities. Wholly
owned Nike subsidiaries include Converse Inc., which designs, markets and
distributes athletic footwear, apparel and accessories; Bauer NIKE Hockey
Inc., a leading designer and distributor of hockey equipment; Cole Haan,
which designs, markets, and distributes fine dress and casual shoes and
accessories; Hurley International LLC, which designs, markets and distributes
action sports and youth lifestyle footwear, apparel and accessories and
Exeter Brands Group LLC, which designs and markets athletic footwear and
apparel for the value retail channel.

About Euroleague Basketball

Euroleague Basketball S.L. was founded in 2000 under a private
organizational model considered to be a breakthrough for European
professional team sports. The competition features 24 clubs from 12 or more
countries per season and crowns its champion each spring at the Euroleague
Final Four, now a signature event on the world sports stage. The 2007
Euroleague Final Four generated record crowds at the OAKA arena in Athens,
Greece. Euroleague Basketball has experienced spectacular growth in six
seasons thanks to annual attendance and television coverage records. Compared
to the inaugural 2000-01 season, attendance has increased 250%. Euroleague
Basketball's television presence expanded to 163 countries on five
continents, including for the first time retransmission of the Final Four in
China. Euroleague Basketball is the reference in European basketball.

Web site: http://www.nikebiz.com