FOOT LOCKER, INC. CEO AND CFO

TO SPEAK AT WELLS FARGO SECURITIES’

CONSUMER CONFERENCE IN NEW YORK

NEW YORK, NY, September 22, 2003 – Foot Locker, Inc., (NYSE: FL), the New York-based specialty athletic retailer, announced today that senior management, will make a presentation at the Wells Fargo Securities’ Consumer Conference at approximately 2:30pm ET on Thursday, September 25, 2003. The presentation, which will include a review of the Company’s recent financial results, current trends and ongoing business strategies, and followed by a question and answer session, will be webcast over the Internet. In order to access the presentation, click onto the Investor Relations section of the Foot Locker, Inc. corporate website at www.footlocker-inc.com. A replay of the webcast will be made available until 5:00pm ET, Wednesday, October 1, 2003.

Foot Locker, Inc. is a specialty athletic retailer that operates approximately 3,600 athletic retail stores in 16 countries in North America, Europe and Australia. Through its Foot Locker, Lady Foot Locker, Kids Foot Locker and Champs Sports retail stores, as well as its direct-to-customer channel Footlocker.com/Eastbay, the Company is the leading provider of athletic footwear and apparel.

Disclosure Regarding Forward-Looking Statements

This press release contains forward-looking statements, which reflect management’s current views of future events and financial performance. These forward-looking statements are based on many assumptions and factors detailed in the Company’s filings with the Securities and Exchange Commission, including the effects of currency fluctuations, customer demand, fashion trends, competitive market forces, uncertainties related to the effect of competitive products and pricing, customer acceptance of the Company’s merchandise mix and retail locations, the Company’s reliance on a few key vendors for a majority of its merchandise purchases (including a significant portion from one key vendor), unseasonable weather, risks associated with foreign global sourcing, including political instability, changes in import regulations and the presence of severe acute respiratory syndrome, economic conditions worldwide, any changes in business, political and economic conditions due to the threat of future terrorist activities in the United States or in other parts of the world and related U.S. military action overseas, and the ability of the Company to execute its business plans effectively with regard to each of its business units, including its plans for the marquee and launch footwear component of its business. Any changes in such assumptions or factors could produce significantly different results. The Company undertakes no obligation to update forward-looking statements, whether as a result of new information, future events, or otherwise.