Cabela’s Inc. Announces Appointment of Donna M. Milrod to Board of Directors

  Cabela’s Inc. Announces Appointment of Donna M. Milrod to Board of Directors

Business Wire

SIDNEY, Neb. -- February 4, 2014

Cabela’s Incorporated (NYSE:CAB) announced today that DonnaM. Milrod has been
appointed to its Board of Directors.

“Donna is a proven leader and brings a wealth of regulatory, finance, and
capital markets experience,” said Tommy Millner, Cabela’s Chief Executive
Officer. “The Board and Cabela’s will greatly benefit from Donna’s insights
and knowledge.”

Ms. Milrod has been the Chief Administrative Officer of The Depository Trust &
Clearing Corporation (DTCC) since October 2012, with responsibilities for
DTCC’s finance, operations, regulatory relations, business continuity, vendor
management, and security functions. As the leading post-trade market
infrastructure for the global capital markets, DTCC provides clearing,
settlement, and information services for equities, corporate and municipal
bonds, government and mortgage-backed securities, money market instruments,
and over-the-counter derivatives for thousands of institutions worldwide.
Prior to joining DTCC, Ms. Milrod served as Deputy CEO of Deutsche Bank North
America (DBA) from 2009 to October 2012. In addition, Ms. Milrod was head of
Deutsche Bank’s Regional Oversight & Strategy Group where she established
DBA’s Independent Control Office to enhance the company’s control and
governance infrastructure and oversee the day-to-day relationships with its
numerous regulators. Ms.Milrod joined Deutsche Bank in September 1999 and
held a number of other senior positions at the company, including Assistant
Treasurer of the Americas.

In addition to joining Cabela’s Board, Ms. Milrod has been  appointed to the
Board of Directors of World’s Foremost Bank, Cabela’s wholly-owned bank

“I am very excited to serve on the Board of Cabela’s,” said Milrod. “Cabela’s
is a leader in outdoor retailing and exemplifies a company that places the
utmost priority in high-quality customer service. I look forward to
contributing my knowledge and experience, especially in management of
financial services companies, to the Company and assisting with the continued
growth of World’s Foremost Bank.”

                         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
Media Contact:
Wes Remmer, 308-255-1244
Investor Contact:
Chris Gay, 308-255-2905
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