WARRANT 
 
 
THIS WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE HEREOF 
HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO OR FOR 
SALE IN CONNECTION WITH THE DISTRIBUTION HEREOF.  THIS WARRANT 
AND THE SECURITIES ISSUABLE UPON EXERCISE HEREOF HAVE NOT BEEN 
REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY 
STATE SECURITIES LAWS, AND MAY NOT BE PLEDGED, SOLD, OFFERED FOR 
SALE, TRANSFERRED, OR OTHERWISE DISPOSED OF IN THE ABSENCE OF 
REGISTRATION UNDER OR EXEMPTION FROM SUCH ACT AND ALL APPLICABLE 
STATE SECURITIES LAWS. 
"THIS WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE HEREOF 
ARE SUBJECT TO THE TERMS AND PROVISIONS OF A WARRANT PURCHASE 
AGREEMENT, DATED AS OF OCTOBER 31, 1995, BY AND AMONG LABOR 
READY, INC. (THE "COMPANY"), SEACOAST CAPITAL PARTNERS LIMITED 
PARTNERSHIP ("SEACOAST"), ALLIED INVESTMENT CORPORATION ("AIC"), 
ALLIED INVESTMENT CORPORATION II ("AIC II") AND ALLIED CAPITAL 
CORPORATION II ("ACC II"), AND A SHAREHOLDER AGREEMENT, DATED AS 
OF OCTOBER 31, 1995, BY AND AMONG THE COMPANY, SEACOAST, AIC, AIC 
II, ACC II AND THE SHAREHOLDERS OF THE COMPANY LISTED ON THE 
SIGNATURE PAGES THERETO (AS SUCH AGREEMENTS MAY BE SUPPLEMENTED, 
MODIFIED, AMENDED, OR RESTATED FROM TIME TO TIME, THE 
"AGREEMENTS").  COPIES OF THE AGREEMENTS ARE AVAILABLE AT THE 
EXECUTIVE OFFICES OF THE COMPANY." 
227,456 shares of 
Common Stock                                 Warrant No. W-1 
 
 
                 WARRANT TO PURCHASE COMMON STOCK OF 
                          LABOR READY, INC. 
 
 
     This is to certify that, in consideration of __________  
dollars ($______) and other valuable consideration, which is  
hereby acknowledged as received, Seacoast Capital Partners  
Limited Partnership (the "Holder"), its successors and registered  
assigns, is entitled at any time after the date hereof and prior  
to 5:00 p.m. October 31, 2002, to exercise this Warrant to 
purchase __________(___________) shares of the common stock of Labor 
Ready, Inc., a Washington corporation, as the same shall be adjusted 
from time to time pursuant to the provisions of the Agreements at a price 
per share as specified in the Agreements and to exercise the  
other rights, powers, and privileges hereinafter provided, all on  
the terms and subject to the conditions specified in this Warrant  
and in the Agreements. 
 
     This Warrant is issued under, and the rights represented  
hereby are subject to the terms and provisions contained in the  
Agreements, to all terms and provisions of which the registered  
holder of this Warrant, by acceptance of this Warrant, assents.   
Reference is hereby made to the Agreements for a more complete  
statement of the rights and limitations of rights of the  
registered holder of this Warrant and the rights and duties of  
the Company under this Warrant.  Copies of the Agreements are on  
file at the office of the Company. 
 
     IN WITNESS WHEREOF, the Company has caused this Warrant to  
be duly executed. 
 
     Dated as of October ___, 1995. 
 
                          LABOR READY, INC. 
 
 
 
                          By:  
                             Name:     Glenn A. Welstad 
                             Title:    Chief Executive Officer 
 
                         SUBSCRIPTION FORM 
 
     (To be executed only upon exercise of Warrant) 
 
 
     The undersigned registered owner of this Warrant irrevocably  
exercises this Warrant for and purchases ________ of the number  
of shares of Common Stock of Labor Ready, Inc. purchasable with  
this Warrant, and herewith makes payment therefor, all at the  
price and on the terms and conditions specified in this Warrant  
and requests that certificates for the shares of Common Stock  
hereby purchased (and any securities or other property issuable  
upon such exercise) be issued in the name of and delivered to  
_______________________ whose address is  
___________________________________________, and if such shares  
of Common Stock do not include all of the shares of Common Stock  
issuable as provided in this Warrant, that a new Warrant of like  
tenor and date for the balance of the shares of Common Stock  
issuable thereunder to be delivered to the undersigned. 
 
     Dated:  _______________, 19__. 
 
 
 
 
                                   By: 
                                   Name: 
                                   Title 
 
                                   Address: 
 
 
 
 
                         ASSIGNMENT FORM 
 
 
     FOR VALUE RECEIVED the undersigned registered owner of this  
Warrant hereby sells, assigns and transfers unto the Assignee  
named below all of the rights of the undersigned under this  
Warrant, with respect to the number of shares of Common Stock set  
forth below: 
 
          No. of Shares             Name and Address of Assignee 
 
 
 
 
 
and does hereby irrevocably constitute and appoint as attorney  
______________________ to register such transfer on the books of  
Labor Ready, Inc. maintained for the purpose, with full power of  
substitution in the premises. 
 
     Dated:  _______________, 19__. 
 
 
                                   By: 
                                   Name: 
                                   Title: