Cost Plus, Inc. to Present at the Seventh Annual Lehman Brothers Retail Seminar

OAKLAND—(BUSINESS WIRE)—April 20, 2004 —Cost Plus, Inc. (Nasdaq: CPWM ) announced today that its management will present at the Seventh Annual Lehman Brothers Retail Seminar.

The presentation is scheduled for Tuesday, April 27, 2004 at 11:45 AM Eastern Time in New York, NY. The audio portion of the presentation will be webcast live. To access the webcast, go to: http://customer.nvglb.com/LEHM002/042604a_rk/default.asp?entity=CostPlus or http://www.costplusworldmarket.com. A replay of the presentation will be available until Tuesday, July 27, 2004.

Cost Plus, Inc. is a leading specialty retailer of casual home living and entertaining products. The Company operates 212 stores in 26 states.

Contact:
Cost Plus, Inc.
John J. Luttrell
(510)808-9119