Cost Plus, Inc. to Present at the Raymond 25th Institutional Investors Conference

OAKLAND—(BUSINESS WIRE)—February 25, 2004 —Cost Plus, Inc. (Nasdaq: CPWM) announced today that senior management will be presenting at the Raymond James 25th Institutional Investors Conference.

The presentation is scheduled for Wednesday, March 3, 2004 at 1:05 PM Eastern Time in Orlando, Florida. The audio portion of the presentation will be webcast live. To access the webcast, go to: http://www.wallstreetwebcasting.com/webcast/rjii04/cpwm/ or http://www.costplusworldmarket.com. A replay of the presentation will be available until Friday, April 2, 2004.

Cost Plus, Inc. is a leading specialty retailer of casual home living and entertaining products. The Company operates 207 stores in 26 states.

Contact:

Cost Plus, Inc.
John J. Luttrell, 510-808-9119
(Senior Vice President, CFO)