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Press release from Marketwire

Coast Wholesale Appliances Inc. Declares June Dividend

Wednesday, June 13, 2012

Coast Wholesale Appliances Inc. Declares June Dividend16:05 EDT Wednesday, June 13, 2012VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 13, 2012) - Coast Wholesale Appliances Inc. (TSX:CWA) (Coast) today announced a cash dividend of $0.035 per share for the month of June 2012. The dividend is to be paid July 5, 2012 to shareholders of record on June 22, 2012. At current levels, Coast's monthly dividend equates to $0.42 per share on an annualized basis.Coast is a leading independent supplier of major household appliances and accessories to developers and builders of multi-family and single-family housing, and to retail customers. Founded in 1978, Coast currently operates 16 stores, with 15 locations across the four western provinces and one store in the Greater Toronto Area.FOR FURTHER INFORMATION PLEASE CONTACT: Jack PeckCoast Wholesale Appliances Inc.Chief Financial Officer(604) 301-3400invest@coastappliances.comwww.coastwholesaleappliancesinc.com