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July 15, 2003

Indoor Water Park Considered for Cedar Point Hotel

Sandusky, OH -- Cedar Fair, L.P. today confirmed that it is considering a major upgrade for its Radisson hotel property at Cedar Point, located in Sandusky, Ohio, including the addition of an indoor water park.

Dick Kinzel, chairman, president and chief executive officer, noted that the Partnership has applied to the city of Sandusky for tax incentives for the potential hotel expansion project. Under the plan being considered, the Radisson Harbour Inn, which features 237 rooms and an adjoining T.G.I. Fridays restaurant, would be converted into a year-round family resort complex, highlighted by a large indoor water park. Further details of the proposed plan will be disclosed at a later date.