NIKE WILL HOLD PRESS CONFERENCE TO DISCUSS THIRD-PARTY MONITORINGOF OVERSEAS FACTORIES TAE KWANG VINA INDUSTRIAL LTD.DO. (VT) -- A CASE STUDY Senior NIKE officials will hold a press conference today at 2:00 PM EST in PRE Hall on the campus of NIKE's headquarters to discuss the company's internal, independent third-party monitoring system of its subcontracted factories in Asia. Traditionally NIKE has adhered to confidentially agreements with its subcontractors regarding the monitoring process. Recently, however, an Ernest & Young audit of the Tae Kwang factory was released to the media. NIKE believes it is important to fully detail its third-party monitoring process, and the steps the company has taken to address the contents of the audit. Senoir NIKE officials at the press conference will include Dave Taylor, Corporate Executive Vice President for Production; Dusty Kidd, Director of Labor Practices; and Dr. Tien Nguyen, Labor Practices Director for NIKE Vietnam. Media who cannot attend the press conference can listen only by calling : International : 212-346-6420 Domestic: 1-800-840-6218 DATE: Friday, Nov. 7 TIME: 2:00 P.M. PST; 5:00 P.M. EST WHERE: Pre Hall, NIKE Campus, One Bowerman Drive, Beaverton Oregon CONTACT: Vada Manager of NIKE, 503-671-2875; 503-671-3579; or, pager, 800-6-Page-Me.