Cedar Fair, L.P. declares 2nd quarter cash distribution

Saturday, 24 June 2006

Cedar Fair, L.P. Press Release

SANDUSKY, OHIO, June 23, 2006 -- 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 regularly quarterly cash distribution of $0.47 per limited partner unit, continuing the Partnership’s annualized distribution rate of $1.88 per unit.

The distribution, which is payable August 15, 2006, to holders of record July 6, 2006, represents the Partnership’s 77th 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; Valleyfair near Minneapolis/St. Paul; Worlds of Fun, located in Kansas City, Missouri; Geauga Lake & Wildwater Kingdom near Cleveland, Ohio; 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.