Coastal Reports Record Revenue Of $196 Million In Fiscal 2012

You are cautioned that forward-looking information and statements are subject to a number of known and unknown risks, uncertainties and other factors, many of which are beyond Coastal's control, that could cause Coastal's actual future results or performance to be materially different from those that are disclosed in or implied by the forward-looking information. These factors include, but are not limited to changes in the market; potential downturns in economic conditions; consumer credit risk; Coastal's ability to implement its business strategies; competition from traditional and online retailers; limited suppliers; limited availability of inventory; disruption in Coastal's distribution facilities; mergers and acquisitions; foreign currency exchange rate fluctuations; regulatory requirements;                demand for contact lenses, eyeglasses and related vision care products; the risk that Coastal will not be successful in defending against litigation; dependence on the Internet; and the other risks detailed in Coastal's filings with the Canadian securities regulatory authorities. 

You should not place undue reliance on forward-looking information and statements which are qualified in their entirety by this cautionary note. For a complete discussion of the assumptions, risks and uncertainties related to Coastal's business, you are encouraged to review Coastal's filings with the Canadian securities regulatory authorities filed on SEDAR at http://www.sedar.com .

CONTACT: For Further Information:
         
         Terry Vanderkruyk
         Vice President, Corporate Development
         Coastal Contacts Inc.
         604.676.4498
         [e-mail]
         
         or
         
         Liolios Group Inc.
         Scott Liolios or Cody Slach
         949.574.3860
         [e-mail]

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