Cost Plus, Inc. Announces Reporting Date for First Quarter 2009 Financial Results and Investor Conference Call

Cost Plus, Inc. (Nasdaq:CPWM) announced today that it will release its first quarter results for fiscal 2009 on Thursday, May 21, 2009, after the market close, and will host a conference call for investors at 1:30 p.m. PT that day. Participating in the call will be Barry Feld, President and Chief Executive Officer, and Jane Baughman, Chief Financial Officer.

The conference call will be in a "listen-only" mode for all participants other than the sell-side and buy-side investment professionals who regularly follow the Company. The toll-free phone number for the call is 800-510-9834 and the access code is 67081801. Callers should dial in approximately 15 minutes prior to the scheduled start time. A telephonic replay will be available at 888-286-8010, Access Code: 69497029, from 4:30 p.m. PT Thursday, May 21, 2009 to 4:30 p.m. PT on Thursday, May 28, 2009. Investors may also access the live call or the replay over the internet at www.streetevents.com; www.fulldisclosure.com and www.worldmarket.com.

Cost Plus, Inc. is a leading specialty retailer of casual home living and entertaining products. As of today, May 11, the Company operates 270 stores in 30 states.