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Cabela’s Announces Sale of Wild Wings

Cabelas Shooting Sports

SIDNEY, Neb.--(AmmoLand.com)- Cabela’s Incorporated (NYSE: CAB) announced today the sale of its wildlife-art division, Wild Wings, LLC, to RDE Acquisition Company, LLC, which is owned by a former executive officer of Wild Wings. The closing of the sale took place on Oct. 30, 2009.

As one of the leading publishers, distributors and retailers of wildlife, sporting and nostalgic Americana art prints and art-related products, Wild Wings represents more than 50 of North America’s top wildlife artists and Americana/nostalgia artists. Wild Wings reproduces original wildlife and nature artworks, sells such works as limited-edition prints and sells other collectibles through retail stores, the Internet and mail-order catalogs.

Wild Wings

The company also licenses third parties to produce and sell collectibles and other items featuring such works. Its marketing, product development, sales, administration, picture framing, warehousing and framed-art shipping divisions all are located in Lake City, Minn.

“Wild Wings and its employees have been an integral part of Cabela’s success over the last 10 years, and we are proud to have had them as part of our extended family,” said Tommy Millner, Chief Executive Officer of Cabela’s. “With the sale to RDE Acquisition, we know Wild Wings will be in good hands. We wish them continued success and look forward to working with them in the future.”

Cabela’s will continue to sell Wild Wings products through its retail stores, catalogs and Web site. The closing of this transaction will not have a significant impact on Cabela’s cash flows or consolidated financial results in the fourth quarter of 2009. The Wild Wings sale is consistent with Cabela’s strategy of focusing on core business operations. www.cabelas.com

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(R) 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(R). 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(R) 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”.

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Michael Sieve Named 2009 Artist of the Year by Mule Deer Foundation

Lake City, MN – Wild Wings, LLC, a leading publisher of fine art, announces that Michael Sieve has been named the “2009 Artist of the Year” for the Mule Deer Foundation (MDF), a national non-profit organization committed to the conservation of mule deer, black-tailed deer and their habitats. MDF’s 2009 National Convention is one of the combined events at the Western Hunting & Conservation Expo at the Salt Palace Convention Center in Salt Lake City, Utah, Feb. 5-8, 2009.

Sieve will be available at the Wild Wings booth Friday, Feb. 6, to meet event attendees, personalize artwork and share the inspiration behind the featured painting, “Busted Bachelors-Mule Deer.” The original oil painting will be available for sale during the Live Auction on Thursday night, Feb. 5, 2009.

Recognized as one of America’s foremost wildlife artists, Sieve’s original paintings can be found in collections throughout the world and have been featured in some of the finest wildlife and nature publications. A passionate sportsman, conservationist and artist, Sieve’s artwork generates a unique connection with his collectors.

Sponsored by Cabela’s, a limited edition canvas reproduction of Michael Sieve’s painting, “Busted Bachelors-Mule Deer” will be available at local MDF banquets throughout the 2009 fund-raising year.

A partner in conservation since 1968, Wild Wings grew out of a love for the great outdoors and a desire to share that interest with others. The company is the country’s leading publisher, distributor and licensor of nature art and gifts, representing more than forty nationally recognized artists. Wild Wings published its first limited edition art print in 1970 and mailed its first catalog in 1971. Today, Wild Wings continues to lead the industry in nature-related product development and innovation. Wild Wings’ corporate headquarters are located in Lake City, Minn. For more information, phone 651-345-5355 or e-mail jwhite@wildwings.com.

About:
Wild wings is one of today’s leading publishers, distributors and retailers of wildlife, sporting, and nostalgic / Americana art prints and art-related products. The company grew out of a love for the great outdoors and a desire to share that interest with others. Founded in 1968, wild wings published its first signed and numbered, limited edition art print in 1970 and mailed its first direct-mail catalog in 1971. Today, 40 years after its inception, wild wings continues to lead the industry in product development and innovative approaches to incorporating nature themes into a wide range of art products, gifts, home furnishings, collectibles and apparel. Wild wings products provide the perfect foundation for creating the popular “north woods” or “lodge” home decor look. Having pioneered the nature movement four decades ago, the company, along with its many talented artists, is considered by many to be the leading authority in this growing category. Consumers increasingly seek to surround themselves with products that reflect their interest in the natural world while providing a soothing respite from today’s fast pace.Wild wings products provide the perfect combination of beauty, quality, comfort and uniqueness.

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