Oakland, CA - March 2, 2012 - Cost Plus, Inc. (Nasdaq: CPWM) announced today that it will release its fourth quarter results for fiscal 2011 and its financial outlook for fiscal 2012 on Thursday, March 22, 2012, 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.

Webcast: http://www.media-server.com/m/p/o9om98bf

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 866-277-1184 and the access code is 30528087. 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: 38327485, from 3:30 p.m. PT Thursday, March 22, 2012 to 11:59 p.m. PT on Thursday, April 5, 2012. Investors may also access the live call or the replay over the internet at www.streetevents.com, www.fulldisclosure.com and www.worldmarket.com.

Contact:
Jane Baughman
Cost Plus, Inc.
(510) 808-9119