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Press release from Business Wire

Cracker Barrel Old Country Store, Inc. Declares Quarterly Dividend

Monday, December 10, 2012

Cracker Barrel Old Country Store, Inc. Declares Quarterly Dividend07:30 EST Monday, December 10, 2012 LEBANON, Tenn. (Business Wire) -- Cracker Barrel Old Country Store, Inc. (Nasdaq: CBRL) today announced that the Board of Directors has declared a regular dividend to common shareholders of $0.50 per share, payable on February 5, 2013, to shareholders of record on January 18, 2013. About Cracker Barrel Cracker Barrel Old Country Store, Inc. provides a friendly home-away-from-home in its old country stores and restaurants. Guests are cared for like family while relaxing and enjoying real home-style food and shopping that's surprisingly unique, genuinely fun and reminiscent of America's country heritage…all at a fair price. The restaurant serves up delicious, home-style country food such as meatloaf and homemade chicken n' dumplins as well as its made from scratch biscuits using an old family recipe. The authentic old country retail store is fun to shop and offers unique gifts and self-indulgences. Cracker Barrel Old Country Store, Inc. (Nasdaq: CBRL) was established in 1969 in Lebanon, Tenn. and operates 621 company-owned locations in 42 states. Every Cracker Barrel® unit is open seven days a week with hours Sunday through Thursday, 6 a.m. – 10 p.m., and Friday and Saturday, 6 a.m. - 11 p.m. For more information, visit crackerbarrel.com. CBRL-F Cracker Barrel Old Country Store, Inc.Investors:Lawrence E. Hyatt, 615-235-4432orMedia:Julie K. Davis, 615-443-9266