OCTOBER 2003

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OCTOBER 2003
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Disclosure
Disclosure Regarding Forward-Looking
Statements This presentation contains
forward-looking statements, which reflect
managements current views of future events and
financial performance. These forward-looking
statements are based on many assumptions and
factors detailed in the Companys 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 Companys merchandise mix and
retail locations, the Companys reliance on a few
key vendors for a majority of its merchandise
purchases (including a significant portion from
one 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.
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Agenda

• Company Overview
• Financial Highlights
• Strategic Priorities
• Summary

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Company Overview
Primary Customer12-to-20 Year Old 1,457
Stores Store Size 4,100 Sq. Ft.
Primary Customer 5-to-11 Year Old
361 StoresStore Size 2,400 Sq. Ft.
Primary Customer 12-to-35
Year Old Catalogs Internet

Primary Customer 18-to-29 Year
Old 597 Stores Store Size
2,200 Sq. Ft.
Primary Customer 10-to-25 Year
Old 587 Stores Store
Size 5,600 Sq. Ft.
Primary Customer
12-to-20 Year Old 606 Stores
Store Size 2,800 Sq. Ft.
International
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Company Overview
170 Canadian Stores

397 European Stores
2,856 U.S. Stores
72 Puerto Rico Stores8 Virgin Island Stores
5 Guam Stores
22 Hawaii Stores
78 Australian Stores
As of August 2, 2003
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Company Overview
Divisional Sales
2002
1998
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DisposedNon-Athletic
ChampsSports
Footlocker.com
ChampsSports
Foot LockerInternational
Foot LockerKids Foot LockerLady Foot Locker
Foot LockerKids Foot LockerLady Foot Locker
Footlocker.com
Foot LockerInternational
3.8 Billion
4.5 Billion
ATHLETIC
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Financial Highlights
Athletic Store Sales Per AverageGross Square Foot
Athletic Sales
350
CAGR 4.3
GOAL
316
4.5
4.3
4.2
306
3.9
301
3.8

Billions
272
270
Athletic Stores
Direct to Customers
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Financial Highlights
421
CAGR 25.6
15.4
353
349
317
11.1
10.0
169
5.4
1.2
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Financial Highlights
Income From Continuing Operations
Millions
162
3.6
CAGR 84.4
2.5
2.5
111
107
1.4
59
14
0.3
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Financial Highlights
Net Debt Capitalization
Debt, Net of Cash
574
Millions
327
67.6
204
184
58.6
0
1998
2002
Includes PV of Operating Leases
Debt 767 489
313 399
357Cash 193
162 109 215
357Net 574
327 204
184 0
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Financial Highlights
2003 2002 Better/(Worse) Sale
s 1,123 1,085 38 Gross
Margin 331 312 19 Gross Margin Rate
29.5 28.8 SGA Expenses 233 220 (13)
Percentage of Sales 20.7 20.3
Pre-Tax Profit 55 51 4 Pre-Tax
Profit Margin 4.9 4.7 Income Continuing
Operations 37 33 4 Earnings Per Share
From Continuing Operations 0.25 0.22 0.0
3 Debt, Net of Cash 24 87 63
2Q03 Results
Excludes Effect of Interest Rate Swap
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Strategic Priorities

• Expand International Business
• Grow Direct-to-Customers Channels
• Cultivate Base Business

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International Growth
August 2, Initial Target
2003
Target Openings Country Germany 84 96 1
2 Italy 96 122 26 U.K. 57 110 53 France
62 110 48 Netherlands 34 35 1 Spain
40 75 35 Belgium/Lux 16 22 6 Austria
4 8 4 Sweden 1 1 -- Denmark
1 1 -- Portugal 2 6 4 New Countries
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64 Total 397 650 253
Foot Locker Europe
Potential Markets
Existing Markets
Finland
Norway
Sweden 1
Denmark 1
Ireland
U.K. 57
Netherlands 34
Belgium 16
Poland
Germany 84
Lux.
Czech.
Slovakia
France 62
Austria 4
Switz.
Hungary
Slovenia
Romania
Croatia
Bosnia
Spain 40
Italy 96
Yugoslavia
Portugal 2
Bulgaria
Albania
Greece
Turkey
Athletic Footwear Population
Market Place Stores
Mkt. Share Europe (Existing) 349 Million
8 Billion 397
7 USA 280 Million
16 Billion 2,963 18

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International Growth
Population Major Cities 000s
TotalBudapest
1,769.5 17.5Debrecen
210.5
2.1Miskolc
182.6 1.8Szeged
173.2
1.7Pecs
163.9 1.6Gyor
134.6
1.3Nyiregyhaza
121.4 1.2Szekestehervar
112.2
1.1Kecskemet
109.3 1.1Szombathely
87.7
0.9Szolnok
81.5 0.8Other
6,991.6
69.0Total
10,138.0 100.0
Vibrant economic base EU Member accession
target May 2004Primary mall environment
comparable to Western EuropeCompetition Local
Retailers Brand Franchisees (Nike, Adidas)
Brand stores (Puma)Entry Strategy Test store
in Budapest early 2004 Initial target 12 stores
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International Growth
Population Major Cities 000s
TotalPrague
1,169.8 11.4Brno
376.4
3.7Ostrava
317.7 3.1Pizen
164.9
1.6Olomouc
102.9 1.0Liberec
99.6
1.0Ceske Budejovice
98.6 1.0Hradec Kralove
97.5 0.9Usti

96.2 0.9Pardubice
90.7
0.9Havirov
87.1 0.8Other
7,569.6
73.7Total
10,271.0 100.0
Vibrant economic base EU Member accession
target May 2004Primary mall environment
comparable to Western EuropeCompetition similar
to HungaryEntry Strategy Test store in Prague
early 2004 Initial target 10 stores
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International Growth
New Zealand Population 3.8 MillionCapital
City Wellington (situation on the North
Island)Largest North Island City Auckland
(also largest in New Zealand)Largest South
Island City Christchurch
Proposed Store LocationsAuckland 7
StoresHamilton 1 StorePalmerston North 1
StoreWellington 3 StoresChristchurch 2
StoresDunedin 1 Store
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Footlocker.com
2002 Sales
SALES OPERATING PROFIT
Millions
349
326
41 Internet
279
217
180
59 Catalog
159
1997 1998
1999 2000 2001
2002Sales
159 180
217 279 326
349Operating Profit
(1) 2
3 1 24
40Op Profit
-0.5 1.1 1.4
-- 7.4
11.5
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Footlocker.com

• Athletic Footwear
• Sports Apparel
• Sporting Goods
• Source SGMA 2003 State of the Industry

Direct to Customer
Direct-To-Customer Market
Footlocker.com
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Footlocker.com
Eastbay Catalogs
Eastbay Specialty Catalogs
In-Store Catalogs
Final Score Catalogs
NFL Shop Catalogs
NBA Catalogs Planned Launch Holiday 2003
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Footlocker.com Sites
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Cultivate Base Business

• Real Estate Strategy
• Merchandising Leadership
• Customer Service

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Cultivate Base Business
Real Estate Strategy
Expected Results
Key Initiatives

• Selectively Open New Stores
• Remodel/Relocate Existing Stores
• Reduce Store Build-Out-Costs
• Down Size / Close Selected Stores

• Grow Sales Per Square Foot
• Increase Market Share
• Reduce Occupancy Costs Percent
• Reduce Depreciation Expense

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Cultivate Base Business
Foot Locker - SoHoNew York City
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Cultivate Base Business
Lady Foot LockerHicksville, New York
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Cultivate Base Business
Champs SportsTimes Square, New York City
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Cultivate Base Business

• Merchandising Leadership
• First With
• Nike Tuned Air
• Private-Label Apparel
• Licensed Apparel
• Classic Footwear
• Brown Sneakers

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Cultivate Base Business

• Customer Service
• Next Generation POS

Roll-Out Schedule
Expected Benefits
Foot Locker Europe 2001 Champs Sports
2003 Foot Locker US
2004

• Faster Check-Out
• Improved In-Stock Position
• Stock Locator
• Customer Loyalty Programs

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Summary

• Track Record
• Growth Opportunities
• Cash Flow
• Shareholder Value

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