7% in
same store sales (stores open a full 13 months), for the five weeks
ended March 27, 2005.

Business Editors/Government Writers

WASHINGTON----When the President 's
Advisory Panel on Federal Tax Reform meets next week they will hear
testimony from small business owner James Baker, Chairman of Baker +
Company, LLC, a management consulting firm.

progressive nationalist

Additional
information about Cost-U-Less is available at www. Prolonged adverse occurrences affecting tourism
or air travel , particularly to non-U. Small businesses play an
important part in the United States economy. More than 22 million
small businesses produce three quarters of all the net new jobs each
year.
Details on the transaction fee proposal can be reviewed through
the panel's official website: http://comments .

Sites advocating independence of the Cascadia region from the US and Canada.

regions nationalist

All except
the Company 's Fiji store closed for at least one of the days during
the Easter Holiday weekend which occurred during fiscal April in the
prior year.
Cost-U-Less currently operates eleven stores in the Caribbean and
Pacific region: U.

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Total sales for the five weeks ended March 27, 2005 increased 3.

republic libertarian

8 million for the corresponding
period a year ago.

confederacy anti

progressive cascadia

(the "Company") (Nasdaq:CULS) today reported an increase of 4. For the corresponding period a year ago the
Company experienced a same store sales increase of 15. The bill has also received the endorsement of New
Mexico Governor Bill Richardson , and Maine Governor John Baldacci. In
addition, The National Black Chamber of Commerce which represents some
100,000 Black owned businesses has endorsed the transaction fee
calling it a "progressive economic idea.

anti northwest

The Transform America Transaction Fee Act has garnered the
interest of the Republican Chair of the House Ways and Means Committee
who referred the legislation to the Joint Committee on Taxation for
additional study.

republic pacific

Other risks and
uncertainties include the Company's small store base; the mix of
geographic and product revenues; relationships with third parties;
litigation; the Company's ability to maintain existing credit
facilities and obtain additional credit; business and economic
conditions and growth in various geographic regions; pricing
pressures; political and regulatory instability in various geographic
regions; and other risks and uncertainties detailed in the Company's
filings with the SEC.
"This is a bold new plan that will create a wealth of new jobs and
economic opportunity," said Baker.

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For the thirteen weeks (first fiscal quarter) ended March 27, 2005
same store sales rose 7.taxreformpanel.

cnp anti

2 million, compared to $50.com
This press release contains statements that are forward-looking.
These statements are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995.

pro northwest

On April 27, 2005 the Company expects to announce its financial
results for the first fiscal quarter ended March 27, 2005 .

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6 million, compared to $19.3% to $53.1 million for
the corresponding period a year ago.S.

cascadia region

secession advocating

Total sales for the thirteen weeks ended March 27,
2005 increased 6.

Small Business Has Voice before President 's Tax Reform Panel; James Baker President of Baker + Company to Provide Testimony

Baker will be a witness advocating for the 'Transform America
Transaction Fee Act of 2005.

pro oregon

8%.3% for the corresponding
period a year ago.
Same store sales for the five weeks ended March 27, 2005 were
negatively impacted by the timing of the Easter Holiday.8%
to $20.S. destinations, including
political instability , armed hostilities, terrorism, natural disasters
or other activity that involves or affects air travel or the tourism
industry generally, could cause actual results to differ materially
from historical results or those anticipated.

perspective northwest

----Cost-U-Less, Inc. Same store sales for the corresponding period a year ago
are calculated on stores excluding the Guam market as the Company's
Dededo store was closed from December 8, 2002 until October 3, 2003
due to damage resulting from Supertyphoon Pongsona that swept through
the island of Guam on December 8, 2002.

capitalist northwest

1% compared to 15. Such statements,
including comparable store sales expectations, trends in or
expectations regarding the Company's revenue growth , and the Company's
growth plans are all based on currently available operating,
financial, and competitive information and are subject to various
risks and uncertainties that could cause actual results to differ
materially from historical results or those anticipated, including
that the Company may encounter substantial delays, increased expenses
or loss of potential store sites due to the complexities, cultural
differences, and local political issues associated with the regulatory
and permitting processes in the island markets in which the Company
may locate its stores."
Baker will testify before the tax advisory panel on Wednesday,
May, 11, 2005 in Washington, DC.

political party

Cost-U-Less Reports March 2005 Sales Results

The Company builds its business through
delivering high-quality U.

anti pacific

advocating cascadian

advocating pro

Virgin Islands (2), Netherlands Antilles (2),
Hawaiian Islands (2), California (1), Guam (2), American Samoa (1),
and Republic of Fiji (1).S. and local goods, progressive
merchandising practices , sophisticated distribution capabilities, and
superior customer service, primarily to island markets .

cascadia cnp

perspective political

Business Editors

BELLEVUE, Wash.costuless.' The legislation introduced by
Congressman Chaka Fattah (D-PA), calls for the elimination of all
federal taxes on individuals and corporations and replaces it with a
fee on transactions. Eradicating federal taxes would fuel the economy
and stimulate the job market by permitting companies to increase their
ventures and engage more employees .gov