Cedar Fair Declares Fourth Quarter Cash Distribution

January 22, 2008: 02:35 PM EST

SANDUSKY, Ohio, Jan. 22 /PRNewswire-FirstCall/ -- Cedar Fair Entertainment Company , a leader in regional amusement parks, water parks and active entertainment, today announced the declaration of a regular quarterly cash distribution of 47.5 cents per limited-partner unit, continuing the company's annualized distribution rate of $1.90 per unit.

The distribution, which is payable February 15, 2008, to holders of record February 5, 2008, represents the company's 83rd consecutive quarterly cash distribution.

The company plans to issue a news release announcing its 2007 fourth quarter and full year earnings results before market hours on Thursday, February 7, 2008. The company will host a conference call with analysts that afternoon at 2:00 p.m. Eastern Time, which will be web cast live in "listen only" mode via the Cedar Fair web site (www.cedarfair.com). It will also be available for replay starting at approximately 5:00 p.m. ET, Thursday, February 7, 2008, until 11:59 p.m. ET, Thursday, February 21, 2008. In order to access the replay of the earnings call, please dial 1-800-406-7325 followed by the access code 3831139.

Cedar Fair is a publicly traded partnership headquartered in Sandusky, Ohio, and one of the largest regional amusement-resort operators in the world. The company owns and operates 11 amusement parks, six outdoor water parks, one indoor water park and five hotels. Amusement parks in the company's northern region include two in Ohio: Cedar Point, consistently voted "Best Amusement Park in the World" in Amusement Today polls; and Kings Island; as well as Canada's Wonderland, near Toronto; Dorney Park, PA; Valleyfair, MN; and Michigan's Adventure, MI. In the southern region are Kings Dominion, VA; Carowinds, NC; and Worlds of Fun, MO. Western parks in California include: Knott's Berry Farm; Great America; and Gilroy Gardens, which is managed under contract. Also included in that region is Star Trek: The Experience, a Las Vegas-based interactive adventure.

This news release and prior releases are available online at www.cedarfair.com.

As a unit holder in Cedar Fair, I`m glad to see they maintained the cash distribution. However, I wish the unit price would start heading north instead of south. It close today at $19.73. But then again, the entire stock market was down today (Cincinnati based thing was down $2.02 today!).