News Release

Costco Wholesale Corporation Announces Debt Offering
$1.0 billion principal amount of 2.15% notes dueMay 18, 2021
$800.0 million principal amount of 2.30% notes dueMay 18, 2022
$1.0 billion principal amount of 2.75% notes dueMay 18, 2024
$1.0 billion principal amount of 3.00% notes dueMay 18, 2027
Costco intends to use the net proceeds from the offering and existing cash to pay the previously announced special cash dividend of approximately
This announcement shall not constitute an offer to sell or the solicitation of an offer to buy any debt securities of Costco, nor shall there be any sale of debt securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The debt offering will be made only by means of a prospectus supplement and accompanying base prospectus forming part of an effective shelf registration statement. Copies of the prospectus supplement and accompanying base prospectus may be obtained, when available, from:
Costco currently operates 729 warehouses, including 508 in
Certain statements contained in this document constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. For these purposes, forward-looking statements are statements that address activities, events, conditions or developments that the Company expects or anticipates may occur in the future. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. These risks and uncertainties include, but are not limited to, satisfaction of the closing conditions required for consummation of the offering, domestic and international economic conditions, including exchange rates, the effects of competition and regulation, uncertainties in the financial markets, consumer and small business spending patterns and debt levels, breaches of security or privacy of member or business information, conditions affecting the acquisition, development, ownership or use of real estate, capital spending, actions of vendors, rising costs associated with employees (generally including health care costs), energy and certain commodities, geopolitical conditions, and other risks identified in the prospectus supplement and accompanying base prospectus covering the offering and from time to time in the Company’s other public statements and reports filed with the
CONTACTS:Costco Wholesale Corporation Richard Galanti , 425/313-8203,Bob Nelson , 425/313-8255,David Sherwood , 425/313-8239