Cedar Fair Board Sets Date for Special Meeting on Director Nominations by Unitholders; Expands Board Back to Nine Directors

Cedar Fair FUN today announced that its Board of Directors will hold a Special Meeting of Unitholders on October 27, 2011, to allow unitholders to vote on the director nomination process. In accordance with the Regulations of Cedar Fair's general partner and the Limited Partnership Agreement of the Company, the proposal to allow unitholders to nominate directors requires unitholder approval. The Board will be recommending FOR these proposals and if the Board-recommended proposals are approved by the requisite unitholder vote, unitholders would have the right to nominate director candidates at the 2012 Annual Meeting of Unitholders. The Board also set September 12, 2011, as the record date for unitholders eligible to vote at the Special Meeting of Unitholders on October 27, 2011. The final information regarding the time and location for the Special Meeting, which is expected to be near its Corporate Headquarters in Sandusky, Ohio, will be provided after the SEC completes its review of the Company's proxy statement. The Board also voted to expand its membership back to nine directors and appointed recently named President Matt Ouimet as its eighth director, effective immediately. Ouimet, who will succeed Dick Kinzel as Cedar Fair's chief executive officer in January 2012, becomes a Class III Director of the general partner of Cedar Fair with a term ending in 2014.
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