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Costco Wholesale Corporation Announces Quarterly Cash Dividend

ISSAQUAH, Wash.--(BUSINESS WIRE)--July 27, 2005--Costco Wholesale Corporation (Nasdaq: COST) today announced that its Board of Directors has declared a quarterly cash dividend on Costco Wholesale common stock. The dividend of $0.115 per share is payable August 26, 2005, to shareholders of record at the close of business on August 5, 2005.

Costco currently operates 457 warehouses, including 337 in the United States and Puerto Rico, 65 in Canada, 16 in the United Kingdom, five in Korea, four in Taiwan, five in Japan and 25 in Mexico. The Company also operates Costco Online, an electronic commerce web site, at www.costco.com and at www.costco.ca in Canada. The Company plans to open 3 additional new warehouses prior to the end of its fiscal year 2005, on August 28, 2005.

CONTACT: Costco Wholesale Corporation
Richard Galanti, 425-313-8203
or
Jeff Elliott, 425-313-8264

SOURCE: Costco Wholesale Corporation