Cabela's to Present at the Eighth Annual ICR XChange Conference.

SIDNEY, Neb. -- Cabela's Incorporated (NYSE: CAB), the World's Foremost Outfitter(R) of hunting, fishing and outdoor gear, announced today that management will present on January 12, 2006 at the Eighth Annual ICR XChange conference at The Ritz-Carlton in Naples, Florida.

A live webcast of Cabela's presentation will begin at 1:10 p.m. ET on January 12, 2006, and can be accessed through the "Investor Relations" page of Cabela's website at www.cabelas.com or at http://www.icr-online.com/conference/x8/default.html. Those interested in listening to the presentation should log on five minutes prior to the scheduled start time. An archived replay of the presentation will be available shortly after the live presentation.

About Cabela's Incorporated

Cabela's Incorporated, headquartered in Sidney, Nebraska, is the nation's largest direct marketer, and a leading specialty retailer, of hunting, fishing, camping and related outdoor merchandise. Since the Company's founding in 1961, Cabela's(R) has grown to become one of the most well-known outdoor recreation brands in the United States, and has long been recognized as the World's Foremost Outfitter(R). Through Cabela's established direct business and its growing number of destination retail stores, 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(R) VISA credit card through which it offers a related customer loyalty rewards program as a vehicle for strengthening its customer relationships.