Casey's General Stores (CASY) 8-K Casey’s Names New CEO

EXHIBIT 99.2

FY2007 SALARY AND BONUS ARRANGEMENTS

FOR EXECUTIVE OFFICERS

FY2007 Salary Structure

Position	Name	FY2007 Base Salary
Chairman of Executive Committee	Ronald M. Lamb	$700,000
CEO	Robert J. Myers	$500,000
COO	Terry W. Handley	$305,000
SVP/Secretary	John G. Harmon	$300,000
SVP/CFO	William J. Walljasper	$250,000
SVP/Transportation & Support Operations	Sam J. Billmeyer	$200,000

FY2007 Annual Incentive Plan

The maximum bonus available to the executive officers (and Vice Presidents) will be an amount equal to 35% of base salary. Of that amount, 75% will be based on earnings per share, and 25% based on return on invested capital.

If and as earnings per share reach specified targets approved by the Board of Directors, bonus payments will be made in amounts equal to 7.50%, 11.25%, 18.75% or 26.25% of the base salary amount.

If and as return on invested capital reaches specified targets approved by the Board, bonus payments will be made in amounts equal to 2.50%, 3.75%, 6.25% or 8.75% of the base salary amount. For this purpose, return on invested capital is determined by dividing operating income after depreciation and tax before interest by average invested capital.