Tully's Coffee Corporation to File Registration Statement for Public Stock Offering

Tully's Coffee Corporation ("Tully's Coffee" or the "Company")
announced today its intent to file a registration statement with the
U.S. Securities and Exchange Commission ("SEC") for a proposed
underwritten public offering of its common stock. The filing of such a
registration statement is subject to applicable economic and capital
market conditions, and would be subject to review by the SEC. The
Company expects to file the registration statement before the end of
April 2007.

Tully's Coffee anticipates that gross proceeds from the offering
will be approximately $50,000,000. Proceeds will fund expansion of the
Company's retail and wholesale operations, working capital and general
corporate purposes.

A registration statement relating to these securities has not yet
been filed with the SEC. 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 neither constitute an
offer to sell, nor 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.

Statements made in this release concerning the Company's
intentions or expectations about future events are "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Such statements are subject to risks and
uncertainties that could cause actual results to vary from stated
intentions and expectations. Factors that could result in such
variations include, but are not limited to, adverse developments in
the capital markets and the economy generally and changes in our
business, operations, and financial condition due to numerous factors,
including many beyond the Company's control. Information concerning
these and other factors that could cause actual results to differ
materially from the Company's current expectations is contained in
Tully's Quarterly Report on Form 10-Q for the fiscal quarter ended
December 31, 2006 and its Annual Report on Form 10-K for the fiscal
year ended April 2, 2006.