Cracker Barrel Old Country Store, Inc. Declares Quarterly Dividend

  Cracker Barrel Old Country Store, Inc. Declares Quarterly Dividend

Business Wire

LEBANON, Tenn. -- December 10, 2012

Cracker Barrel Old Country Store, Inc. (Nasdaq: CBRL) today announced that the
Board of Directors has declared a regular dividend to common shareholders of
$0.50 per share, payable on February 5, 2013, to shareholders of record on
January 18, 2013.

About Cracker Barrel

Cracker Barrel Old Country Store, Inc. provides a friendly home-away-from-home
in its old country stores and restaurants. Guests are cared for like family
while relaxing and enjoying real home-style food and shopping that’s
surprisingly unique, genuinely fun and reminiscent of America’s country
heritage…all at a fair price. The restaurant serves up delicious, home-style
country food such as meatloaf and homemade chicken n’ dumplins as well as its
made from scratch biscuits using an old family recipe. The authentic old
country retail store is fun to shop and offers unique gifts and
self-indulgences.

Cracker Barrel Old Country Store, Inc.(Nasdaq: CBRL) was established in 1969
in Lebanon, Tenn.and operates621 company-owned locations in42 states. Every
Cracker Barrel® unit is open seven days a week with hours Sunday through
Thursday, 6 a.m. – 10 p.m., and Friday and Saturday, 6 a.m. - 11 p.m. For more
information, visit crackerbarrel.com.

CBRL-F

Contact:

Cracker Barrel Old Country Store, Inc.
Investors:
Lawrence E. Hyatt, 615-235-4432
or
Media:
Julie K. Davis, 615-443-9266