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Cracker Barrel Confirms Receipt of Nomination Notice From Affiliate of Biglari Holdings



  Cracker Barrel Confirms Receipt of Nomination Notice From Affiliate of
  Biglari Holdings

Business Wire

LEBANON, Tenn. -- August 19, 2013

Cracker Barrel Old Country Store, Inc. (Nasdaq: CBRL) today confirmed that The
Lion Fund II, L.P., an affiliate of Biglari Holdings Inc., has submitted two
nominees, Sardar Biglari and Philip Cooley, to stand for election to the
Company’s Board of Directors at the Company’s 2013 Annual Meeting. Attempts by
Mr. Biglari to seek Board seats in each of the last two years were rejected by
the Company’s shareholders by significant margins. The Company said that the
Board will consider Mr. Biglari’s submission and make its recommendation to
shareholders in due course.

About Cracker Barrel Old Country Store®

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.

Cracker Barrel Old Country Store, Inc. (Nasdaq: CBRL) was established in 1969
in Lebanon, Tenn. and operates 624 company-owned locations in 42 states. For
more information, visit crackerbarrel.com.

CBRL-F

Contact:

Cracker Barrel Old Country Store, Inc.
Investors:
Lawrence E. Hyatt, 615-235-4432
or
Media:
Jeanne Ludington, 615-443-9115
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