Cedar Fair declares third quarter cash distribution

Monday, 15 October 2007

Cedar Fair Entertainment Company Press Release

SANDUSKY, OHIO, October 15, 2007 -- Cedar Fair Entertainment Company (NYSE: FUN), publicly traded leader in regional amusement parks, water parks and active entertainment, today announced the declaration of a regular quarterly cash distribution of 47.5 cents per limited-partner unit, consistent with the company’s annualized distribution rate of $1.90 per unit that was announced in March.

“Based on expectations for the full year, the Board of Directors determined that the Partnership’s cash flow will be sufficient to maintain the annualized distribution rate of $1.90 per unit, which was increased this past year in March,” said Dick Kinzel, chairman, president and chief executive officer.

The distribution, which is payable November 15, 2007, to holders of record November 5, 2007, represents the company’s 82nd consecutive quarterly cash distribution.

Kinzel also mentioned the company plans to announce its 2007 third quarter results before market hours on Tuesday, November 6, 2007. The company will host a conference call with analysts that afternoon at 2:00 p.m. Eastern Time, which will be web cast live in “listen only” mode via the Cedar Fair web site (www.cedarfair.com). It will also be available for replay starting at approximately 5:00 p.m. ET, Tuesday November 6, 2007, until 11:59 p.m. ET, Tuesday, November 20, 2007. In order to access the replay of the earnings call, please dial 1-877-519-4471 followed by the access code 9333116.

Cedar Fair is a publicly traded partnership headquartered in Sandusky, Ohio, and one of the largest regional amusement-resort operators in the world. The partnership owns and operates 11 amusement parks, six outdoor water parks, one indoor water park and five hotels. Amusement parks in the company’s northern region include two in Ohio: Cedar Point, consistently voted “Best Amusement Park in the World” in Amusement Today polls and Kings Island; as well as Canada’s Wonderland, near Toronto; Dorney Park, PA; Valleyfair, MN; and Michigan’s Adventure, MI. In the southern region are Kings Dominion, VA; Carowinds, NC; and Worlds of Fun, MO. Western parks in California include: Knott’s Berry Farm; Great America; and Gilroy Gardens, which is managed under contract. Also included in that region is Star Trek: The Experience, a Las Vegas-based interactive adventure.

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