CAB Cabelas Class A (delisted)

Cabela’s Incorporated (NYSE:CAB) announced today that the variable funding facility with Wells Fargo Bank, National Association has been extended through March 2018. In addition, the commitment under the variable funding facility has been increased from $225 million to $300 million. The variable funding facility relates to an outstanding series of variable funding notes issued by Cabela’s Credit Card Master Note Trust.

“We are pleased to announce the renewal of the variable funding facility with Wells Fargo Bank,” said Tommy Millner, Cabela’s Chief Executive Officer. “The renewal of this facility and upsizing of the commitment from $225 million to $300 million will provide continued liquidity for our Cabela’s CLUB® Visa program. Wells Fargo Bank has been an important business partner of Cabela’s and World’s Foremost Bank, and we value the relationship that we have built with them over the years.”

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 IncorporatedInvestor: Chris Gay, 308-255-2905Media: Joe Arterburn, 308-255-1204

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