AMENDMENT TO LEASE

     The Lease, dated October 22, 2001 entered into between TONKO REYES, INC. a
Guam corporation, of 562 Harmon Loop Road, Suite B-9A, Dededo, Guam 96929
("Lessor") and COST-U-LESS, INC., a Washington Corporation of 8160 304th Avenue,
S.E., Building 3, Suite A, Preston, WA ("Lessee") is hereby amended as follows:

     1.   Section 1(a), Premises, of the Lease is partially amended such that
          the premises are now described as follows:

               The Tonko Reyes, Inc. commercial building, commonly know as the
               COST-U-LESS Center ("Center") fronting Harmon Loop Road,
               consisting of an area of 36,000 square feet on the first floor,
               plus an area of 673 square feet on the second floor (mezzanine
               floor space), and the loading dock area of 2,100 square feet for
               a total of 38,773 square feet, all located on Lot No.
               5012-1NEW-1, Dededo, Guam, as shown on Exhibit "A" attached
               hereto.

     2.   Section 2, Term, of the Lease is partially amended such that the
          expiration date of the Lease is extended from May 31, 2012 to May 31,
          2017, which extends the term for 10 years to 15 years.

     3.   Section 3, Rent, of the Lease is deleted in its entirety and replaced
          with the following as follows.

     RENT:

     Lessee shall pay the following amounts to Lessor, in advance, on the first
day of each calendar month, for the term of this Lease, over and above the
common area expenses and other charges allocable to Lessee as stated herein,
without deduction, set-off, prior notice or demand (except as otherwise
specifically set forth herein):

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     Commencement Date to 05/31/2004   $1.20 s.f. per month
     06/01/2004 to 09/30/2006          $1.35 s.f. ($52,343.55) per month
     10/01/2006 to 09/30/2009          $1.40 s.f. ($54,282.20) per month
     10/01/2009 to 09/30/2016          $1.45 s.f. ($56,220.85) per month
     10/01/2016 to 05/31/2017          $1.50 s.f. ($58,159.50) per month

     Said rent shall be paid at Lessor's address, or such other place as may be
designated in writing by Lessor. If the date of commencement, expiration or
termination of the term of this Lease occurs on a day other than the first or
last day of a calendar month, the rent and all other amounts payable by Lessee
hereunder for that month shall be prorated.

     Lessee shall have no options under this Lease.

     4.   The last sentence of Section 7(e) of the Lease is partially amended to
          read as follows:

               Lessee's current proportionate share is 100%.

     5.   The last sentence of Section 7(f)(iv) Common Area Expenses, is amended
          to read as follows:

          At Lessee's option, and upon written approval by Lessor of the terms
          of the coverage, in lieu of paying the common area expense there for,
          Lessee may insure the entire Center with its blanket insurance
          coverage against fire, earthquake, typhoon, flooding and other hazards
          with extended coverage, vandalism, theft and general public liability
          to cover replacement costs and code compliance without policy
          deductibles, policy exclusions or depreciation; with the Lessor as an
          additional named insured and the Bank of Hawaii or any other financial
          institution designated by Lessee as Loss Payee.

          Lessee shall also insure under its Business Interruption insurance
          coverage the payment of rent when the premises is being reconstructed
          or repaired pursuant to Section 6 herein.

     6.   Section 12(a) of the Lease is deleted in its entirety and replaced
          with the following:

     Destruction of Premises:

     (a)  If the partial or total damage or destruction of the premises occurs
          during the term of this Lease, Lessor, at Lessor's option, may
          terminate this Lease if Lessor determines at its sole discretion that
          such repairs would be uneconomical. Further, in the event of any
          partial or total damage or

<PAGE>

          destruction of the premises at any time during the term of this Lease,
          Lessee shall have the right to terminate this Lease, at Lessee's
          option, if the repair or restoration of the premises is expected to
          require, or does require, longer than nine (9) months. If this Lease
          is not terminated pursuant to the foregoing, Lessor must diligently
          repair the damage and restore the premises to their previous condition
          at Lessor's cost, in compliance with all applicable laws, regulations,
          rules and ordinances, as soon as reasonably possible. Except in the
          event of intentional misconduct of Lessor, Lessor's agents, employees,
          and/or contractors, Lessee hereby waives any and all claims for
          damages against Lessor resulting from the destruction of the premises,
          or of Lessee's property.

     7.   All the remaining terms and conditions of the Lease shall remain in
          full force and effect.

          In Witness Whereof, this Lease has been executed on this 25 of
     February, 2004.

     LESSEE:                                 LESSOR:

     COST-U-LESS, INC.                       TONKO REYES, INC.


By:  /s/ J. Jeffrey Meder                By: /s/ Richard J. Untalan
     --------------------------              ------------------------------
     J. Jeffrey Meder                        Richard J. Untalan
     President                               Vice President/General Manager

<PAGE>

AGANA, GUAM     )ss.

     I certify that I know or have satisfactory evidence that RICHARD J. UNTALAN
is the person who appeared before me, and said person acknowledged that he
signed this instrument, on oath stated that he was authorized to execute the
instrument and acknowledge it as the VICE PRESIDENT & GENERAL MANAGER of Tonko
Reyes, Inc., to be the free and voluntary act of such party (ies) for the uses
and purposes mentioned in the instrument.

     DATED this 26 day of February, 2004.


                                     /s/ Andrew J. Zawalinski
                                     -------------------------------------------
                                     Notary Signature a Notary Public in and for
                                     the U.S. Territory of Guam
                                     My Commission Expires Jan. 11, 2005

<PAGE>

STATE OF       Washington  )
                           )ss.
COUNTRY OF        King     )

     I certify that I know or have satisfactory evidence that J. JEFFREY MEDER
is the person who appeared before me, and said person acknowledged that he
signed this instrument, on oath stated that he was authorized to execute the
instrument and acknowledge it as the PRESIDENT of Cost U Less, Inc., to be the
free and voluntary act of such party (ies) for the uses and purposes mentioned
in the instrument.

     DATED this 25 day of February, 2004.

                                        /s/ Sherry Turner
                                        --------------------------------------
                                        Notary Signature

                                        Sherry Turner
                                        --------------------------------------
                                        Print/Type Name
                                        Notary Public in and for the State of
                                        Washington,
                                        Residing at Bellevue, WA
                                        My Commission Expires 03/09/06