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Cedar Fair Announces Results From June 2 Special Meeting of Unitholders

SANDUSKY, Ohio, June 2, 2011 /PRNewswire/ — Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and active entertainment, announced the certified voting results of today’s Special Meeting of Unitholders to consider two proposals relating to the right of unitholders to nominate directors for election to the Board of Directors.

Based upon the Inspector of Election’s official tabulation, the certified results indicate that Proposal 1, to amend the Regulations of the General Partner to give unitholders the right to nominate directors for the Board, did not receive the required number of votes. On Proposal 2, to amend the Limited Partnership Agreement to establish certain procedures and information requirements for unitholders to nominate directors, the certified results indicate the proposal did receive the required number of votes. However, because the Regulations of the General Partner require that both Proposal 1 and Proposal 2 be approved to be effective, neither Proposal 1 nor Proposal 2 will be adopted by the Company.

“We thank our unitholders for their participation in this Special Meeting and their ongoing interest in Cedar Fair,” said Dick Kinzel, the Company’s President and Chief Executive Officer. “We take the input of all of our unitholders seriously and actively seek it out at every opportunity. For example, we approached our larger unitholders requesting potential nominees and we heard from many other unitholders that they wanted to see more finance and strategy expertise, as well as diversity, on our Board. To that end, as a result of a thorough evaluation of candidates, we recruited Gina France, a seasoned financial and strategic planning executive with Board-level experience, to stand for election as our latest independent candidate for the Board. The director nominating process is an important issue, as today’s voting outcome would confirm, and we’ll continue to actively examine appropriate alternatives going forward.”

The Company previously announced the nomination of France on May 25, 2011. If elected, she would represent the fourth new, independent director added to the Cedar Fair Board since 2008.

The Company will file a Form 8-K with the Securities and Exchange Commission detailing the certified voting results. The filing can be accessed via the SEC website at www.sec.gov.

About Cedar Fair

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; California’s Great America; and Gilroy Gardens, which is managed under contract.

Judith Rubin
Judith Rubin ([email protected]) is a leading journalist, publicist, strategist, blogger, content marketing specialist and connector in the international attractions industry. She excels at writing about all aspects of design and technical design, production and project management. Areas of special interest include AV integration and show control, lighting design and acoustics, specialty cinema, digital video and world’s fairs. Judith has ties to numerous industry organizations. From 2005-2020 she ran communications, publications and social media for the Themed Entertainment Association (TEA). In 2013, she was honored with the TEA Service Award. She was development director of IMERSA, and co-chair of the 2014 IMERSA Summit. She was publicist for the Large Format Cinema Association in the 1990s, now part of the Giant Screen Cinema Association (GSCA) and has also contributed to the publications of PLASA, IAAPA and the International Planetarium Society. Already making her mark as a magazine and book editor, Judith joined World’s Fair magazine in 1987, which introduced her to the attractions industry. Launching as a freelancer in the mid 1990s she has contributed to dozens of publications and media outlets including Funworld, Lighting&Sound America, Sound & Communications, Urban Land, The Raconteur and The Planetarian. She joined InPark in 2010. Judith earned a Bachelor of Fine Arts from Pratt Institute. She has lived in New York City and the San Francisco Bay Area, and now makes her home in Saint Louis, where she is active in the local arts and theater community.

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