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Cabela’s Names New President

SIDNEY, NE–Cabela’s Incorporated (NYSE:CAB) announces that Scott K. Williams has been appointed President, effective immediately. He will continue to report to Tommy Millner, the Company’s Chief Executive Officer.

Mr.

Williams, previously the Company’s Executive Vice President and Chief Commercial Officer, will take on additional responsibility for U.S. retail operations and all operations in Canada.

“Scott has made a tremendous contribution to Cabela’s over the past five years, and his wealth of commercial and marketing experience has been an invaluable asset to the Company,” said Mr.

Millner. “We continue to take action to align our organization around Vision 2020, through which we will focus on serving our core customers and creating value for our shareholders, and Scott’s appointment as President is an important step in that process.

We look forward to benefitting from Scott’s leade

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