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December 7, 2000 at 6:57 PM EST

Costco Wholesale Corporation to Announce First Quarter Earnings December 14, 2000

ISSAQUAH, Wash.--(BUSINESS WIRE)--Dec. 7, 2000--Costco Wholesale Corporation ("Costco" or the "Company") (Nasdaq:COST) plans to release its earnings results for the first quarter of fiscal year 2001 (the 12 weeks ended November 26, 2000) on December 14, 2000. A conference call to discuss these results is scheduled for 8:00 a.m. (PST), December 14, 2000, and is available via a webcast on www.costco.com (go to Customer Service, Investor Relations, Financial Releases and click on the "Live Webcast" icon).

Costco currently operates 347 warehouses, including 251 in the United States, 59 in Canada, 11 in the United Kingdom, three in Korea, three in Taiwan, one in Japan and 19 in Mexico. The Company also operates Costco Online, an electronic commerce web site, at www.costco.com. The Company plans to open two additional warehouses prior to the end of the calendar year.

--30--kmw/se*

CONTACT: Costco Wholesale Corporation
Richard Galanti, 425/313-8203
Bob Nelson, 425/313-8255