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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Amendment No. 2
Cost Plus, Inc.
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(Name of Issuer)
Common Stock, $0.01 par value
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(Title of Class of Securities)
221485105
--------------------------------------------
(CUSIP Number)
November 23, 1998
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[_] Rule 13d-1(b)
[X] Rule 13d-1(c)
[_] Rule 13d-1(d)
Page 1 of 9 pages
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CUSIP NO. 221485105 13G
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Goldman, Sachs & Co.
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
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5. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY
496,675
OWNED BY
-----------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH
496,675
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
496,675
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[_]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.6%
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12. TYPE OF REPORTING PERSON
BD-PN-IA
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Page 2 of 9 pages
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CUSIP NO. 221485105 13G
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Goldman Sachs Group, L.P.
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5. SOLE VOTING POWER
NUMBER OF 500
SHARES -----------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY
496,675
OWNED BY
-----------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 500
PERSON -----------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH
496,675
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
497,175
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[_]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.7%
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12. TYPE OF REPORTING PERSON
HC-PN
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Page 3 of 9 pages
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CUSIP NO. 221485105 13G
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Goldman Sachs Credit Partners, L.P.
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda
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5. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY
487,655
OWNED BY
-----------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH
487,655
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
487,655
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[_]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.5%
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12. TYPE OF REPORTING PERSON
PN
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Page 4 of 9 pages
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CUSIP NO. 221485105 13G
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Goldman Sachs Global Holdings, L.L.C.
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY
493,137
OWNED BY
-----------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH
493,137
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
493,137
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[_]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.6%
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12. TYPE OF REPORTING PERSON
PN
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Page 5 of 9 pages
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Item 3. Not applicable. This amendment to Schedule 13G was filed
pursuant to Rule 13d-1(c).
Item 4. Ownership. (1) (2) (3)
(a). Amount beneficially owned:
See the response(s) to Item 9 on the attached cover page(s).
(b). Percent of Class:
See the response(s) to Item 11 on the attached cover page(s).
(c). Number of shares as to which such person has:
(i). Sole power to vote or to direct the vote: See the
response(s) to Item 5 on the attached cover page(s).
(ii). Shared power to vote or to direct the vote: See the
response(s) to Item 6 on the attached cover page(s).
(iii). Sole power to dispose or to direct the disposition
of: See the response(s) to Item 7 on the attached
cover page(s).
(iv). Shared power to dispose or to direct the disposition
of: See the response(s) to Item 8 on the attached
cover page(s).
Item 10. Certification.
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were not
acquired and are not held for the purpose of or with the
effect of changing or influencing the control of the issuer
of the securities and were not acquired and are not held in
connection with or as a participant in any transaction having
that purpose or effect.
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(1) Includes 3,538 shares of Common Stock issuable upon exercise of currently
exercisable Stock Options granted to Goldman, Sachs & Co. pursuant to the Cost
Plus, Inc. 1995 Stock Option Plan.
(2) Includes 500 shares of Common Stock issuable upon exercise of currently
exercisable Stock Options granted to The Goldman Sachs Group, L.P. pursuant to
the Cost Plus, Inc. 1996 Director Option Plan.
(3) The Goldman Sachs Group, L.P. ("GS Group") and Goldman, Sachs & Co.
("Goldman Sachs") each disclaim beneficial ownership of the securities
beneficially owned by (i) any client accounts with respect to which Goldman
Sachs or employees of Goldman Sachs have voting or investment discretion, or
both and (ii) certain investment entities, of which a subsidiary of GS Group or
Goldman Sachs is the general partner, managing general partner or other manager,
to the extent interests in such entities are held by persons other than GS
Group, Goldman Sachs or their affiliates.
Page 6 of 9 Pages
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SIGNATURE
After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in
this statement is true, complete and correct.
Date: December 3, 1998
THE GOLDMAN SACHS GROUP, L.P.
By: /s/ Hans L. Reich
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Name: Hans L. Reich
Title: Attorney-in-fact
GOLDMAN, SACHS & CO.
By: /s/ Hans L. Reich
-------------------------------------
Name: Hans L. Reich
Title: Attorney-in-fact
GOLDMAN SACHS CREDIT PARTNERS, L.P.
By: /s/ Hans L. Reich
-------------------------------------
Name: Hans L. Reich
Title: Attorney-in-fact
GOLDMAN SACHS GLOBAL HOLDINGS, L.L.C.
By: /s/ Hans L. Reich
-------------------------------------
Name: Hans L. Reich
Title: Attorney-in-fact
Page 7 of 9 Pages
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INDEX TO EXHIBITS
Exhibit No. Exhibit
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(99.2) Item 7 Information
Page 8 of 9 pages
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EXHIBIT (99.2)
ITEM 7 INFORMATION
The securities being reported on by the The Goldman Sachs Group, L.P.
("GS Group"), as a parent holding company, are owned, or may be deemed to be
beneficially owned, by Goldman Sachs Credit Partners, L.P., a Bermuda limited
partnership and Goldman Sachs Global Holdings, L.L.C., a Delaware limited
liability company (and collectively, the "Investing Entities"), or are owned, or
may be deemed to be beneficially owned, by Goldman, Sachs & Co. ("Goldman
Sachs"), a broker or dealer registered under Section 15 of the Act and an
investment adviser registered under Section 203 of the Investment Advisers Act
of 1940. The general partner, managing general partner or other manager of each
of the Investing Entities is an affiliate or partner of GS Group. GS Group is
the general partner of and owns a 99% interest in Goldman Sachs.
Page 9 of 9 pages
