COSTCO WHOLESALE CORP /NEW
POS AM, 2000-01-06
VARIETY STORES
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       AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON JANUARY 6, 2000
                                                    REGISTRATION NO. 333-40049


                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                            ------------------------
                         POST-EFFECTIVE AMENDMENT NO. 2
                                       TO
                                    FORM S-3

                             REGISTRATION STATEMENT

                                      UNDER

                           THE SECURITIES ACT OF 1933
                            ------------------------

                          COSTCO WHOLESALE CORPORATION
             (Exact name of registrant as specified in its charter)



                             WASHINGTON     91-1223280
                 (State of incorporation)  (I.R.S. Employer
                                            Identification Number)


                                 999 LAKE DRIVE
                           ISSAQUAH, WASHINGTON 98027
                                 (425) 313-8100
          (Address, including zip code, and telephone number, including
             area code, of registrant's principal executive officer)

                                 RICHARD J. OLIN
                                 VICE PRESIDENT
                          COSTCO WHOLESALE CORPORATION
                                 999 LAKE DRIVE
                           ISSAQUAH, WASHINGTON 98027
                                 (425) 313-8100

 (Name, address, including zip code, and telephone number, including area code,
                              of agent for service)
                         ------------------------------

                                   COPIES TO:

                                 GAIL J. GORDON
                         FOSTER PEPPER & SHEFELMAN PLLC
                          1111 THIRD AVENUE, SUITE 3400
                            SEATTLE, WASHINGTON 98101
                                 (206) 447-4400





<PAGE>



     The Registrant hereby removes from registration the $506,000,000 principal
amount  of Notes  and the  10,219,050  Shares  that  remain  unsold  by Selling
Securityholders  pursuant  to the  Prospectus  contained  in  this Registration
Statement.


                                      -2-
<PAGE>




                                   SIGNATURES

     THE REGISTRANT. Pursuant to the requirements of the Securities Act of 1933,
the Registrant certifies that it has reasonable grounds to believe that it meets
all of the  requirements  for  filing  on  Form S-3 and has  duly  caused  this
Post-Effective Amendment No. 2 to the Registration Statement to be signed on its
behalf by the undersigned,  thereunto duly authorized, in the City of Issaquah,
State of Washington on January 6, 2000.



                              COSTCO WHOLESALE CORPORATION

                              By:   /s/Richard A. Galanti
                               ------------------------------------------------
                                     Richard A. Galanti
                               EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL
OFFICER AND DIRECTOR

     Pursuant to the  requirements  of the Securities  Act of 1933,  this Post-
Effective Amendment No. 2 to the Registration Statement has been signed below by
the following persons in the capacities indicated on January 6, 2000.


            *
- ------------------------------      Chairman of the Board of
      Jeffrey H. Brotman              Directors

                                    President, Chief Executive
            *                         Officer and Director
- ------------------------------        (Principal Executive
       James D. Sinegal               Officer)

                                    Sr. Executive Vice President,
                                      Chief Operating
            *                         Officer-Merchandising,
- ------------------------------        Distribution, Construction and
     Richard D. DiCerchio             Marketing and Director


                                    Executive Vice President,
            *                         Chief Financial Officer
- ------------------------------        and Director (Principal
      Richard A. Galanti              Financial Officer)

            *                       Senior Vice President and
- ------------------------------        Controller (Principal
      David S. Petterson              Accounting Officer)


                                      -3-
<PAGE>





- ------------------------------      Director
    Benjamin S. Carson, Sr.


            *
- ------------------------------      Director
      Hamilton E. James

            *
- ------------------------------      Director
     Richard M. Libenson

            *
- ------------------------------      Director
      John W. Meisenbach
            *
- ------------------------------      Director
      Charles T. Munger

            *
- ------------------------------      Director
    Frederick O. Paulsell


- ------------------------------      Director
     Jill S. Ruckelshaus


*By:     /s/Richard J. Olin
  -------------------------------------
          Richard J. Olin
          Attorney-in-Fact

                                      -4-


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