Cedar Fair, L.P. To Assume Management Of Visionland

Sandusky, OH -- Cedar Fair, L.P. (NYSE: FUN), a publicly traded partnership which owns and operates five amusement parks, today announced that it has reached an agreement in principle to assume the management of the daily operations of VisionLand, a two-year-old family amusement park located near Birmingham, Alabama, beginning with the 2000 season. The arrangement is subject to a number of conditions and conclusion of a definitive management agreement. Further details were not disclosed.

Cedar Fair owns and operates Cedar Point, located on Lake Erie between Cleveland and Toledo; Knott's Berry Farm, located near Los Angeles in Buena Park, California; Dorney Park & Wildwater Kingdom, near Allentown, Pennsylvania; Valleyfair near Minneapolis/St. Paul; and Worlds of Fun and Oceans of Fun, in Kansas City, Missouri. Cedar Fair also operates Knott's Camp Snoopy at the Mall of America in Bloomington, Minnesota under a management contract.