For Immediate Release

Saint Paul, Minn., April 12, 2006 — Mooresville residents in search of great hunting, fishing and camping merchandise need look no further.  Gander Mountain, a leading outdoor retailer based in Saint Paul, Minnesota, will enter the Mooresville market with the opening of a 65,000-square foot store in June 2006. 

The Gander Mountain store will deliver unique and differentiated outdoor sporting merchandise at great value, while delivering exceptional service through knowledgeable associates passionate about the outdoors.

The Gander Mountain store will be located at 236 Norman Station Boulevard in Mooresville.  The store will employ a sales staff of approximately 75 people to provide expert service to area outdoor enthusiasts.  In addition, customers will find unique features and services including a full-service gunsmith shop and a full-service archery pro shop, with a 20-yard archery lane available for archery leagues as well as testing the extensive assortment of archery equipment. The store will sell ATVs and have a full-service shop for small engine repair. The bait shop will open early to service fishing enthusiasts, and professional fishing line winding will also be available.

“This new store will expand Gander Mountain’s presence as a leading outdoor retailer in North Carolina,” said Gander Mountain CEO Mark Baker.  “We look forward to providing an extensive merchandising mix for outdoor enthusiasts in Mooresville.  Our goal is to meet the specialized needs of each community we enter.  We plan to achieve this goal by inviting customer participation in our stores, and by being value priced with a broad and deep assortment.”

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, 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, ATV and marine services.  The stores feature national, regional and local brands as well as the company’s owned brand. Focused on a “We Live Outdoors®” culture, Gander Mountain dedicates itself to creating outdoor memories.  There are currently 98 conveniently located Gander Mountain outdoor lifestyle stores in 18 states.  For the nearest store location call 800-282-5993 or visit www.GanderMountain.com.

Contact: 
Shannon Burns
Director of Investor Relations
and Corporate Communications
651-325-4337
Shannon.burns@gandermountain.com