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March 12, 2007

Cedar Fair Increases Quarterly Cash Distribution Rate

Sandusky, OH -- Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement resorts, water parks and active entertainment, today announced an increase in its regular quarterly cash distribution to $0.475 per limited partner unit. On an annualized basis, the Company's distribution rate will increase from $1.88 (paid over the past four quarters) to $1.90 per unit.

The 20th consecutive year of distribution increases will begin with the distribution that will be declared in the second quarter of 2007. Cedar Fair has distributed approximately $1.2 billion, or $24.20 per limited partner unit to investors since it began trading in April of 1987.

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