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Costco Wholesale Corporation Announces Quarterly Cash Dividend

ISSAQUAH, Wash., Oct 26, 2004 (BUSINESS WIRE) -- 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 $0.10 per share is payable November 26, 2004, to shareholders of record at the close of business on November 5, 2004.

Costco currently operates 443 warehouses, including 328 in the United States and Puerto Rico, 63 in Canada, 15 in the United Kingdom, five in Korea, three in Taiwan, five in Japan and 24 in Mexico. The Company also operates Costco Online, an electronic commerce web site, at www.costco.com. The Company plans to open an additional eight new warehouses (including the relocation of one warehouse to a larger and better-located facility) prior to the end of the calendar year.

SOURCE: Costco Wholesale Corporation

Costco Wholesale Corporation, Issaquah
Richard Galanti, 425-313-8203
Bob Nelson, 425-313-8255
Jeff Elliott, 425-313-8264

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