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Gander Mountain Wins Arctic Cat Top Dealer Awards


ST. PAUL, MN, August 27, 2007 — Gander Mountain, the nation's largest retail network of stores for hunting, fishing, camping, boats, marine, and outdoor lifestyle products and services celebrates the Grand Opening of its 115th store at 725 Bluegrass Farms Boulevard on October 19th. The store is the second in Kentucky; it joins Gander Mountain’s successful Paducah store that opened in 2004.

The 65,000 square foot Bowling Green store features innovative outdoor products including: firearms, equipment for hunting, fishing, and archery, a variety of apparel and footwear, camping equipment, and gifts. Fishing and power boats, ATVs, canoes, and kayaks will be displayed inside and outside of the store. The store offers a full range of services including: an on-site gunsmith, ATV service and repair, an archery lane and full-service archery shop, line winding, boat and motor service, and a staff of associates with a wealth of knowledge about the outdoor products they provide.

“Gander Mountain is delighted to open the new Bowling Green store!” said Mark Baker, president and CEO of Gander Mountain. “We’re proud to be a part of the great heritage of hunting and fishing in Kentucky. We have the largest network of stores in our industry and we continue to be more locally-relevant by offering products, services and knowledge that will help our customers create outstanding outdoor experiences with their friends and family in Kentucky.”

The grand opening ceremonies will begin on Friday, October 19th at 8:00 A.M., when world-class archer and Gander Mountain Elite Pro-Staff member, Ray Howell, cuts the ceremonial ribbon with an arrow shot from 30 yards.

To celebrate the opening of the new store, Gander Mountain will be holding a free John Michael Montgomery concert on Saturday, October 20th. The crowd-pleasing Montgomery will perform his country favorites on the Gander stage constructed next to the store. Full details are available at www.gandermountain.com.

Members of Gander Mountain’s Pro-Staff will be on hand during the grand opening to share their outdoor expertise and experiences. Orange County Choppers will unveil its newest custom creation, an exclusive Gander Mountain motorcycle. Members of the Teutul family, stars of the popular TLC television show, American Chopper, will help in the presentation.

Several special grand opening events will be held in the Gander Mountain Lodge, a meeting room provided free of charge for meetings of local outdoor groups. During the year Gander Mountain provides educational courses for outdoor enthusiasts in the Lodge and it offers more hunter safety programs through its Lodges than any other source in the United States.

The company currently has 115 stores in 23 states.

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About Gander Mountain Company
Gander Mountain Company (Nasdaq: GMTN), headquartered in Saint Paul, Minnesota, is the nation’s largest retail network of stores for hunting, fishing, boating, camping, marine and outdoor lifestyle products and services. Since 1960, the Gander Mountain brand has offered an expanding assortment of competitively priced outdoor equipment, technical apparel and footwear, as well as gunsmith, archery, boat, ATV and marine services. The stores feature national, regional and local brands as well as the company’s owned brands. Focused on a “We Live Outdoors®” culture, Gander Mountain dedicates itself to creating outdoor memories. There are currently 115 conveniently located Gander Mountain outdoor lifestyle stores in 22 states. For the nearest store location call 800-282-5993 or visit http://www.gandermountain.com/.

Cautionary Note Regarding Forward-Looking Statements
Any statements in this release that are not historical or current facts are forward-looking statements. All forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. Certain of these risks and uncertainties are described in the "Risk Factors" section of the company's Annual Report on Form 10-K for fiscal 2006 and other required reports, as filed with the SEC, which are available at http://www.gandermountain.com/ and at the SEC's website at http://www.sec.gov/.

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