BELLEVUE, Wash.--(BUSINESS WIRE)--May 21, 1999--Coinstar, Inc. (Nasdaq:CSTR) today announced that it has filed with the Securities and Exchange Commission a registration statement relating to a proposed public offering of 4,000,000 shares of common stock. The closing sale price of Coinstar's common stock on May 21, 1999 was $20.625 per share. The offering will be managed by Goldman, Sachs & Co., Donaldson Lufkin & Jenrette Securities Corporation and Hambrecht & Quist LLC. The net proceeds to Coinstar from the offering will be used for working capital, capital expenditures and other general corporate purposes. Coinstar, Inc. and its subsidiaries provide consumers and retailers with value-added services that increase customer loyalty and retailer profitability. The Coinstar network currently delivers the company's self-service coin counting product to more than 5,400 leading supermarkets in 38 U.S. States, the United Kingdom and Canada. A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.  