Cedar Fair, L.P. declares second quarter cash distribution

Tuesday, 21 June 2005

Cedar Fair, L.P. Press Release

SANDUSKY, OHIO, June 21, 2005 -- Cedar Fair, L.P. (NYSE: FUN), a publicly traded partnership which owns and operates seven amusement parks and five water parks, today announced the declaration of a regular quarterly cash distribution of $0.46 per limited partner unit, continuing the Partnership’s annualized distribution rate of $1.84 per unit.

The distribution, which is payable August 15, 2005, to holders of record July 6, 2005, represents the Partnership’s 73rd consecutive quarterly cash distribution.

Cedar Fair’s seven amusement parks are Cedar Point, located on Lake Erie between Cleveland and Toledo; Knott’s Berry Farm near Los Angeles in Buena Park, California; Dorney Park & Wildwater Kingdom near Allentown, Pennsylvania; Geauga Lake & Wildwater Kingdom near Cleveland, Ohio; Valleyfair near Minneapolis/St. Paul; Worlds of Fun, located in Kansas City, Missouri; and Michigan’s Adventure near Muskegon, Michigan. The Partnership’s water parks are located near San Diego and in Palm Springs, California, and adjacent to Cedar Point, Knott’s Berry Farm and Worlds of Fun. Cedar Fair also owns and operates the Castaway Bay Indoor Waterpark Resort in Sandusky, Ohio.