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Cedar Point News: Cedar Fair Declares First Quarter Cash Distribution

Cedar Fair Declares First Quarter Cash Distribution

April 24, 2008

A Cedar Fair Press Release


SANDUSKY, OHIO, April 24, 2008 -- Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and active entertainment, today announced the declaration of a regular quarterly cash distribution of 48 cents per limited-partner unit, consistent with the company’s increased annualized distribution rate of $1.92 per unit that was announced in February.

The distribution, which is payable May 15, 2008, to holders of record May 5, 2008, represents the company’s 84th consecutive quarterly cash distribution.

The Company also noted that it plans to issue a news release and host a conference call with analysts on Tuesday, May 6th, 2008 to discuss 2008 first quarter earnings results.

Cedar Fair is a publicly traded partnership headquartered in Sandusky, Ohio, and one of the largest regional amusement-resort operators in the world. The Partnership 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.
 

 

 

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