Cabela's Incorporated announced plans to build a store in Billings,
Mont. The store is anticipated to encompass 80,000 square feet as part
of the Billings Town Square development to be located near the South
Billings Boulevard exit off I-90. Construction on the retail store is
expected to begin soon and the store is expected to open for business
in early summer of 2008.

“Montana is a mecca for sportsmen and women from around the country and
Cabela's is proud to become part of the state's great outdoor
tradition,” said Dennis Highby, Cabela's President and Chief Executive
Officer. “We anticipate not only great response from our many loyal
customers in Montana and the surrounding region, but also expect to
find hard-working employees who are knowledgeable about hunting,
fishing and the outdoors.”

The Cabela's store will be the main feature of a new retail shopping
center being developed by Foursquare Properties, which has worked with
Cabela's on retail locations in Post Falls, Idaho, and Rapid City, S.D.
“We are pleased to have Cabela's anchor our third shopping center
development as its signature retailer,” said Jeff Vitek, president of
Foursquare Properties. “Cabela's has an outstanding reputation as the
premier outdoor recreation brand in the world. We are thrilled with the
relationship we have built with Cabela's and excited to continue our
collaboration on future developments.”

Cabela's currently operates 21 retail locations and plans to open five
additional new stores in 2007, including East Hartford, Conn.; Hammond,
Ind.; Reno, Nev.; Post Falls, Idaho; and Lacey, Wash.

Features of the Billings Cabela's store will include:
    •     A towering mountain replica,
the centerpiece of the store's  open showroom, with trophy animals
in re-creations of their  distinct habitats. Similar mountains,
each called Conservation  Mountain, have been built in other
Cabela's stores as  monuments to wildlife and salutes to the
sportsmen and women  who support wildlife conservation.
    •     A freshwater aquarium stocked with fish native to the area.
    •     Museum-quality representations of many wild-game species.
    •     A world-class Gun Library,
providing gun collectors and  aficionados the opportunity to
browse through a collection of  fine examples of the gun-making
art.
    •     Specialty shopping areas,
including a fly-fishing shop and  gift shop/general store.
    •     An atrium interior with authentic fieldstone accents and wood  furnishings.