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Cabela’s Inc. Announces Successful Renewal of Variable Funding Facility with Bank of America

  Cabela’s Inc. Announces Successful Renewal of Variable Funding Facility with
  Bank of America

Business Wire

SIDNEY, Neb. -- March 28, 2013

Cabela’s Incorporated (NYSE: CAB) announced today that Bank of America,
National Association has renewed its $300 million commitment under an
outstanding series of variable funding notes issued by Cabela’s Credit Card
Master Note Trust. The commitment is for three years.

“We are excited to have completed the early renewal of the variable funding
facility with Bank of America,” said Tommy Millner, Cabela’s Chief Executive
Officer. “This renewal has allowed us to stagger the maturities of our three
variable funding facilities and will provide continued liquidity for our
Cabela’s CLUB Visa program.”

                         About Cabela’s Incorporated

Cabela's Incorporated, headquartered in Sidney, Nebraska, is a leading
specialty retailer, and the world's largest direct marketer, of hunting,
fishing, camping and related outdoor merchandise. Since the Company's founding
in 1961, Cabela's® has grown to become one of the most well-known outdoor
recreation brands in the world, and has long been recognized as the World's
Foremost Outfitter®. Through Cabela's growing number of retail stores and its
well-established direct business, it offers a wide and distinctive selection
of high-quality outdoor products at competitive prices while providing
superior customer service. Cabela's also issues the Cabela's CLUB® Visa credit
card, which serves as its primary customer loyalty rewards program. Cabela's
stock is traded on the New York Stock Exchange under the symbol "CAB".


Cabela’s Incorporated
Chris Gay, 308-255-2905
Joe Arterburn, 308-255-1204
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