Cedar Fair, L.P.
   One Cedar Point Drive
   Sandusky, Ohio 44870-5259
 Press Release



For Immediate Release
Contact:  Brian Witherow
June 22, 2000
(419) 627-2173


CEDAR FAIR, L.P. PROPOSES PLAN TO REVISE GENERAL PARTNER FEES
 AND EXECUTIVE COMPENSATION

New Plan More Closely Ties Executive Compensation to Unit Performance
 and Unitholder Value

SANDUSKY,  OHIO,  June 22, 2000 -- Cedar Fair,  L.P.  (NYSE:  FUN),  a
publicly  traded  partnership which owns and operates  five  amusement
parks  and  four water parks, today announced that it  would  ask  its
unitholders  to approve a plan to revise its existing general  partner
fee and executive compensation systems.  The restructuring is designed
to  reduce the cash component of senior management's compensation  and
replace it with a stronger equity component, which is expected to make
more funds available for cash distributions to unitholders.
The new plan would amend Cedar Fair's limited partnership agreement to
eliminate  the  fees  paid  by  Cedar Fair  to  its  general  partner,
retroactive to January 1, 2000, and create a new Equity Incentive Plan
allowing the grant or award of options and other forms of equity as an
element  of compensation to senior management and other key employees.
In  connection with terminating the existing compensation system, one-
time  lump sum cash payments and awards of unit options would be  made
to  Cedar  Fair's  senior management.  The cash payments  would  total
approximately  $8.5 million and options for 2,330,000 units  would  be
awarded under the plan.
Richard  L.  Kinzel, president and chief executive officer,  explained
that  the  Board of Directors determined that changes to Cedar  Fair's
senior  executive  compensation system were needed in  order  to  more
closely resemble the compensation systems of other superior-performing
companies.   "The  new system is designed to tie a larger  portion  of
senior  management's compensation to the market value  of  Cedar  Fair
units,  and  to  more closely align the interests of  management  with
those  of our unitholders," said Kinzel.  "The old system worked  well
for  many  years, but is too heavily weighted toward cash compensation
and  does  not afford the types of incentives that are appropriate  in
today's  business  environment, including  incentives  that  are  more
closely  tied  to the market performance of our units," Kinzel  added.
Under  the  old  compensation  system, the  base  salaries  of  senior
management  have  been kept relatively low, with  substantial  yearend
bonuses  allocated out of the large and predictable fees paid  to  the
general partner each year.
Kinzel   noted  that  under  the  proposed  new  compensation  system,
additional  cash  is  expected to be available  for  distributions  to
unitholders due to a reduction of the aggregate cash expense  of  base
salaries,  bonuses and deferred compensation to senior  management  as
compared to the old system.  "The Board estimates that as a result  of
the  new  plan,  in  2001  the  Partnership's  aggregate  expense  for
salaries,  bonuses  and deferred units to senior management  would  be
reduced by $6.2 million, or $.12 per limited partner unit, which would
be  available for further distributions to unitholders.  In 2002,  the
additional  amount  available to unitholders is expected  to  be  $7.5
million,  or  $.14 per unit," Kinzel explained.  Cedar Fair's  current
annualized distribution rate is $1.50 per unit.
To  implement  the  new  compensation  system,  the  Board  recommends
amending the limited partnership agreement to terminate the management
and incentive fees that are currently paid to the general partner,  to
reduce the general partner's interest in the Partnership from 0.5%  to
0.1%,  and to increase the aggregate interest of the limited  partners
from 99.5% to 99.9%.  The Board plans to call a special meeting of the
limited partner unitholders later this summer to approve the new plan.
Cedar  Fair's  five amusement parks are Cedar Point, located  on  Lake
Erie  between Cleveland and Toledo; Knott's Berry Farm in Buena  Park,
California,  near  Los Angeles; Dorney Park & Wildwater  Kingdom  near
Allentown, Pennsylvania; Valleyfair near Minneapolis / St.  Paul;  and
Worlds  of  Fun  and Oceans of Fun, located in Kansas City,  Missouri.
The  Partnership's water parks are located in Sandusky,  Ohio;  Kansas
City,  Missouri;  Chula Vista, California, near San Diego;  and  Buena
Park, California.  Cedar Fair also operates Knott's Camp Snoopy at the
Mall of America in Bloomington, Minnesota under a management contract.
                                  ###
The  information contained in this news release, other than historical
information, consists of forward-looking statements.  These statements
may involve risks and uncertainties that could cause actual results to
differ  materially from those described in such statements.   Although
the  Partnership  believes  that the expectations  reflected  in  such
forward-looking  statements are reasonable, it can give  no  assurance
that  such  expectations will prove to have been  correct.   Important
factors,  including  general  economic  conditions,  competition   for
consumer   spending,   adverse   weather   conditions,   unanticipated
construction delays, and other factors could cause actual  results  to
differ materially from the Partnership's expectations.

Investor Notice
In  connection with the restructuring, Cedar Fair today filed a  proxy
statement  with the Securities and Exchange Commission (SEC)  and  may
file  other  documents with the SEC.  Cedar Fair will send  the  proxy
statement to unitholders to seek their approval of the new  plan.   We
urge unitholders to read the proxy statement carefully when it becomes
available,  as the proxy statement will contain important  information
about the restructuring and related matters.  Unitholders will be able
to  obtain free copies of the proxy statement, once available, as well
as other filings made by Cedar Fair with the SEC through the SEC's web
site  at www.sec.gov, or by directing a request to Cedar Fair  at  One
Cedar  Point  Drive,  Sandusky, Ohio 44870-5259, attention:  Brian  C.
Witherow.
Proxies  will  be solicited by the Board of Directors of Cedar  Fair's
general partner, Cedar Fair Management Company.  Each of the directors
may be deemed a participant in soliciting proxies from the unitholders
in  favor  of the new plan.  The members of the Board and the interest
of  each of these individuals in Cedar Fair are set forth in the proxy
statement filed by Cedar Fair with the SEC.

This press release and prior press releases are available on the Cedar
               Fair, L.P. web site at www.cedarfair.com