Cedar Fair, L.P. entertains 12.7 million guests in 2005

Wednesday, 04 January 2006

Cedar Fair, L.P. Press Release

SANDUSKY, OHIO, January 4, 2006 -- Cedar Fair, L.P. (NYSE: FUN), a publicly traded partnership which owns and operates seven amusement parks and five water parks, today announced that combined attendance in 2005 at its twelve parks totaled 12.7 million guests, up 1% from the Partnership’s total attendance of 12.6 million in 2004.

“We are pleased with our fourth quarter attendance, particularly at Knott’s Berry Farm and Cedar Point, where strong fall and winter promotions increased attendance 13%, or 200,000 visits, from the same quarter a year ago,” said Kinzel. “For the entire year, attendance at our seven amusement parks was unchanged at 11.3 million guests, and attendance at our five water parks totaled 1.5 million, up 7% between years. Meanwhile, average in-park guest per capita spending improved 3% between years.”

Commenting on results at the individual parks, Kinzel said, “Knott’s Berry Farm, our only year-round park, had a slow start in 2005, however, with strong fall and winter promotions the park was able to finish the year with attendance up 1% to 3.6 million guests. We were also pleased with the performances of Dorney Park and Michigan’s Adventure this year. At Dorney Park, attendance finished the year at 1.5 million guests, up 9% from last year and attendance at Michigan’s Adventure totaled 550,000 guests, an 18% increase over 2004. Attendance at our largest park, Cedar Point, was down 3% to 3.1 million guests, while attendance at our newest park, Geauga Lake, was unchanged at 700,000 guests. At our other two seasonal parks, Valleyfair and Worlds of Fun, attendance was down 5% to 986,000 guests and 10% to 800,000 guests, respectively.”

Kinzel concluded by noting that the Partnership’s 2005 year-end tax information will be processed and mailed to unitholders at the beginning of March. The same tax information will also be available to unitholders through the Investor Relations section of the Partnership’s corporate web site (www.cedarfair.com).

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.