8% increase over Q4 2003.8% to $57.costuless. Fox Networks Group, an operating unit of the Fox
Entertainment Group, consists of the FOX Broadcasting Company, Fox
Cable Networks , FOX Sports and Fox Networks Engineering + Operations
(FNE+O).

views formerly

Cost-U-Less Reports January 2005 Sales Results

4 million, compared to $50.

COST-U-LESS, INC. Registration in U.

formerly shopping

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

This press release contains statements that are forward-looking."
For the fourth quarter of fiscal 2004, the Company 's gross margins
rose 0. 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.

entity netherlands

"Our results for this quarter cap off an outstanding year.
As a percentage of sales, store expenses declined from 12.S. 26, Dec.15 $ 0.69 $ 0.

Brighton Entertainment Inc. to Produce Fox Soccer USA for Fox Soccer Channel

About Fox Soccer Channel

Fox Soccer Channel is affiliated with Fox Sports International, an
international sports programming and production entity housed within
Fox Networks Group.

weather directories

7% in
same store sales (stores open a full 13 months), for the four weeks
ended January 23, 2005.S.24 compared to EPS of $0.

For the fourth fiscal quarter of 2004 the Company reported net
income of $960,000, or $0.4 million, or
$0. We simply continue to execute on our
strengths.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except share and per share data )
(Unaudited)

13 Weeks Ended 52 Weeks Ended
----------------------- -----------------------
Dec. From
the game itself to its fashion, music and the newest techno
must -haves, Fox Soccer USA profiles trends in the emerging soccer
nation to engage viewers in everything they need to know about the
beautiful game.

weather 1st

CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands)
(Unaudited)

Dec., and Fox Soccer USA will look to capture this
fast -evolving culture.

antilles 1986

(the "Company") (Nasdaq:CULS) today reported an increase of 9.15 per fully diluted share
outstanding for the corresponding period last year. For the fiscal
year 2004, net income increased to $2.5
million for the same period a year ago as the Company benefited from
strong comparable store sales of 11. "Our net profit margin improved for the year by fifty basis
points to 1.8% for the fourth
quarter of fiscal 2004 over the same period a year ago due to several
factors , including higher insurance and utility expenses, and volume
related items such as labor costs and credit card fees.
Fox Soccer USA fuses together the rising pop soccer culture across
the nation in this weekly show that's filled with news and features
about what Generations X, Y and Z are doing on and off the field.

covering directories

These statements are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Prolonged adverse occurrences affecting tourism
or air travel, particularly to non-U.

Cost-U-Less Reports Earnings of 24 Cents Per Share for Fourth Quarter 69 Cents Per Share for Fiscal Year 2004

----Cost-U-Less, Inc. The
announcement was made by David Sternberg, General Manager of Fox
Soccer Channel.

1st transportation

8 million for the corresponding
period a year ago.
Cost-U-Less currently operates eleven stores in the Caribbean and
Pacific region: U.costuless .
(the "Company") (Nasdaq:CULS) today announced results for the fourth
fiscal quarter and fiscal year ended December 26, 2004.5% over Q4 2003. Jeffrey Meder, the Company's President and
CEO. 26 , Dec. Fuss, President and Executive Producer of Brighton
Entertainment who will oversee Fox Soccer USA's production.

january part

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.15 for Q4 2003. Total sales for the fiscal
year ended December 26, 2004, increased 18.
These statements are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995.26 $ 0.S. is surging across both the
professional and amateur levels.

maps caribbean

For the corresponding period a year ago the
Company experienced a same store sales increase of 14.
Total sales for the four weeks ended January 23, 2005 increased
9.3% to $16. 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.

3% to $209 .3% and our comparable store sales increased 13.28% of sales. The Company builds its business through
delivering high-quality U.S.16 $ 0.38
========== ========== ========== ==========

Weighted average
common shares
outstanding, basic 3,745,503 3,636,823 3,731,754 3,613,988
========== ========== ========== ==========
Weighted average
common shares
outstanding, diluted 4,030,486 3,807,643 3,915,808 3,670,908
========== ========== ========== ==========

COST-U-LESS, INC. Viewers will also be given the opportunity to
participate in the show.

netherlands recreation

2 million, compared to $14. 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. In a
year proven to be challenging for other grocery retailers , we grew
sales by 18.6%, a
Company record," said J.4% of sales compared to 17. Additional
information about Cost-U-Less is available at www.

formerly caribbean

Business Editors

BELLEVUE, Wash.5%. youth soccer
programs now exceeds that of baseball, football and basketball.

covering guides

Business Editors

BELLEVUE , Wash. and local goods, progressive
merchandising practices, sophisticated distribution capabilities , and
superior customer service, primarily to island markets. 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.24 $ 0.

Business Editors/Sports Editors /Entertainment Editors

LOS ANGELES----Fox Soccer Channel
announced today that Brighton Entertainment , a New York-based
production company, will produce and package Fox Soccer USA, a new
half-hour series set to debut on the channel in April.
Plans call for the show to be hosted by a male and female team with
features that will include in-depth profiles (Main Attractions) that
highlight athletes , coaches, mentors and college, high school and
youth programs.com

entity recreation

and local goods, progressive
merchandising practices, sophisticated distribution capabilities, and
superior customer service , primarily to island markets.
Comparable store sales for the fiscal quarter and year ending December
26, 2004, are calculated on stores excluding the Guam market as the
Company's Dededo store was closed for most of fiscal 2003. These
improvements were due to several factors, including better sourcing,
pricing, and merchandising of goods in the Company's stores.38
========== ========== ========== ==========
Diluted $ 0.foxsoccer.

recreation government

----Cost -U-Less, Inc.4M, a 13.

Comparable store sales (stores open a full 13 months) increase
of 11.38 per fully diluted share outstanding, for fiscal year 2003. Store expense dollars increased 11. 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.72 $ 0.
"We are confident that the show will have the right blend of edgy,
informative and entertaining content to attract a young, soccer-savvy
audience.

1st january

S.1% for the fourth quarter of
fiscal 2004.

com

Forward-Looking Statements

This press release contains statements that are forward -looking.

aruba formerly

7 million, or $0. Total sales for the
fiscal year ended December 26, 2004, compared to the prior fiscal year
benefited from a 13.5% of sales compared to 17.8% for fiscal 2003. 28,
2004 2003
------------- ------------
ASSETS
-------------------------------- -----------
Current assets:
Cash and cash equivalents $ 6,081 $ 4,093
Insurance receivable 0 1,135
Accounts receivable, net 805 1,366
Inventories, net 23 ,140 19,540
Other current assets 1,053 1,145
------------ -----------
Total current assets 31,079 27,279

Property and equipment, net 14,345 12,862
Deposits and other assets 778 799
------------ -----------

Total assets $ 46,202 $ 40,940
============ ===========

LIABILITIES AND SHAREHOLDERS' EQUITY
-------------------------------------------

Current liabilities:
Accounts payable $ 16,132 $ 15,240
Accrued expenses and other liabilities 5,964 4,245
Line of credit 0 960
Current portion of long-term debt 267 267
Current portion Capital Leases 102 0
------------ -----------
Total current liabilities 22,465 20,712

Other long-term liabilities 920 684
Long-term debt, less current portion 2,277 2,544
Capital Lease , less current portion 607 0
------------ -----------
Total liabilities 26,269 23,940

Commitments and contingencies

Shareholders' equity 19,933 17,000
------------ -----------

Total liabilities and shareholders'
equity $ 46,202 $ 40,940
============ ===========

1st covering

On February 24, 2005 the Company expects to announce its financial
results for the fourth fiscal quarter and year ended December 26,
2004.

Sales of $57.6
points to 18.
Cost-U-Less currently operates eleven stores in the Caribbean and
Pacific region: U. 28,
2004 2003 2004 2003
----------- ----------- ----------- ------ -----

Net sales $ 57,411 $ 50,464 $ 209,390 $ 177,066
Merchandise costs 46,765 41,493 170,866 145,563
---------- -------- -- ---------- ----------
Gross profit 10,646 8,971 38,524 31,503

Operating expenses:
Store 6,944 6,210 26,408 22,304
General and
administrative 2,007 2,145 7,103 6,853
Store openings 51 79 188 287
---------- -------- -- ---------- ----------
Total operating
expenses 9,002 8,434 33 ,699 29,444
---------- ---------- ---------- ----------

Operating income 1,644 537 4,825 2,059

Other income
(expense):
Interest expense,
net (106) (139) (437) (458)
Other 62 550 80 710
---------- ---------- ---------- ----------
Income before income
taxes 1,600 948 4,468 2,311

Income tax provision 640 380 1,780 930
---------- ---------- ---------- ----------
Net income $ 960 $ 568 $ 2,688 $ 1,381
========== ========== ========== ==========

Earnings per common
share:
Basic $ 0.

antilles separate

6% increase in comparable store sales, and from
sales of the Dededo, Guam store which reopened on October 3, 2003.8 points to 18. 28, Dec.

entity 1986

Additional
information about Cost-U-Less is available at www.69 per fully
diluted share outstanding, compared to net income of $1.
As previously reported, total sales for the fiscal quarter ended
December 26, 2004, increased 13.4 million,
compared to $177 .1 million for fiscal year 2003. Prolonged adverse occurrences affecting tourism
or air travel, particularly to non-U.S. For more information, visit Fox Soccer Channel online at
www.

maps formerly

2%. 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. Virgin Islands (2), Netherlands Antilles (2),
Hawaiian Islands (2), California (1), Guam (2), American Samoa (1 ),
and Republic of Fiji (1).S.3% for
the fourth quarter of fiscal 2003, to 12.S.

netherlands 1986

Highlights for the fourth fiscal quarter ended December 26, 2004,
were as follows:

EPS of $0.24 per fully diluted share outstanding,
compared to net income of $568,000, or $0. 26, Dec. The channel, formerly called Fox Sports World,
launched across the nation two weeks ago to 20 million cable and
satellite subscribers.
Production for Fox Soccer USA is set to begin in about two weeks.

This category is for sites covering the Caribbean island of Aruba, formerly part of the Netherlands Antilles, but from 1st January 1986, a separate entity within the Kingdom of the Netherlands.

government maps

Virgin Islands (2), Netherlands Antilles (2),
Hawaiian Islands (2), California (1), Guam (2), American Samoa (1),
and Republic of Fiji (1).S."
"Our goal is to create a show that will raise awareness of
American soccer by mixing pop-culture with human interest stories,"
said Brad J.

shopping antilles

8% for the same
period a year ago , and for fiscal 2004 gross margins improved 0.
"We're pleased to have Brighton Entertainment onboard to
orchestrate this new series for Fox Soccer Channel," said Sternberg."
Added Dermot McQuarrie , Senior Vice President of Production and
Programming for Fox Sports International, "In addition to Brighton's
production expertise in entertainment and music, the company has
produced several live soccer events for Fox Sports International that
were viewed worldwide. We look forward to expanding our relationship
with Brighton with this new program.
The popularity of soccer in the U. The
sport has given rise to a distinctive lifestyle, attracting youth
across the U.