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Cedar Fair LP Securities Litigation

Cedar Fair LP (NYSE: FUN) shareholder litigation over alleged unfair proposed
takeover

On December 17, 2009, Cedar Fair LP (“Cedar Fair” or the “Company”) announced
that it agreed to sell the Company to Apollo Management, a private equity firm.
Under the terms of the transaction, Cedar Fair shareholders will receive $11.50 in
cash for each Cedar Fair share of common stock they own for a total transaction
value of approximately $2.4 billion, including debt.

For the quarter ending September 27, 2009, Cedar Fair reported total revenue of
$519.9 million and net income of $107.6 million as compared to total revenue and
net income of $264.1 million and $7.38 million, respectively, for the prior quarter.
The investigation concerns whether the Cedar Fair Board of Directors breached
their fiduciary duties to Cedar Fair shareholders given that the Company's shares
traded at $12.00 per share as recently as August 3, 2009 and at least one analyst
set a price target for Cedar Fair stock at $15.00 per share.

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