Cedar Fair, L.P. (FUN)

(12) Geauga Lake and Wildwater Kingdom Restructuring:

On September 21, 2007, the Board of Directors of Cedar Fair, L.P. announced that Geauga Lake & Wildwater Kingdom, its combined water park/amusement park located in Aurora, Ohio, would be operated exclusively as a water park beginning with the 2008 season.

In connection with this restructuring, the Partnership incurred losses associated with non-cash charges for impairment of fixed assets totaling $3.3 million in 2008 and $54.9 million in 2007. Land and buildings, with aggregate net book value totaling approximately $23.9 million at December 31, 2008, are being held for sale and / or for development and are classified as “Property and Equipment,” on the accompanying balance sheet.

Additionally, employee costs of $240,000 related to severance and benefits and inventory costs of $544,000 related to obsolescence, were recorded during 2007.

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Table of Contents

None.

(12) Geauga Lake and
Wildwater Kingdom Restructuring:

On September 21, 2007, the Board of Directors of Cedar Fair, L.P. announced that Geauga Lake &
Wildwater Kingdom, its combined water park/amusement park located in Aurora, Ohio, would be operated exclusively as a water park beginning with the 2008 season.

SIZE="2">In connection with this restructuring, the Partnership incurred losses associated with non-cash charges for impairment of fixed assets totaling $3.3 million in 2008 and $54.9 million in 2007. Land and buildings, with aggregate net book
value totaling approximately $23.9 million at December 31, 2008, are being held for sale and / or for development and are classified as “Property and Equipment,” on the accompanying balance sheet.

(11) Geauga Lake and Wildwater Kingdom Restructuring:

On September 21, 2007, the Board of Directors of Cedar Fair, L.P. announced that Geauga Lake & Wildwater Kingdom, its combined water park/amusement park located in Aurora, Ohio, will be operated exclusively as a water park beginning with the 2008 season.

In connection with this restructuring, Cedar Fair incurred losses associated with non-cash charges for impairment of fixed assets totaling $54.9 million. Certain assets (primarily land and rides), with aggregate net book value totaling approximately $24.0 million at December 31, 2007, are being held for sale and for development and are classified as “Prepaids and other current assets” and “Property and Equipment,” respectively, on the accompanying balance sheet.

Additionally, employee costs of $240,000 related to severance and benefits and inventory costs of $544,000 related to obsolescence, were recorded during the year.

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None.

(11) Geauga Lake and Wildwater Kingdom Restructuring:

(7) Geauga Lake and Wildwater Kingdom Restructuring:

On September 21, 2007, the Board of Directors of Cedar Fair, L.P. announced that Geauga Lake & Wildwater Kingdom, its combined water park/amusement park located in Aurora, Ohio, will be operated exclusively as a water park beginning with the 2008 season.

In connection with this restructuring, Cedar Fair incurred losses associated with non-cash charges for impairment of fixed assets totaling $39.2 million. Certain assets (primarily land and rides), with aggregate net book value totaling approximately $28.0 million at September 30, 2007, are being held for sale and for development and are classified as “Prepaids and other current assets” and “Property and Equipment,” respectively, on the accompanying balance sheet. The company used two independent consulting firms to determine the estimated fair value of such assets.

Additionally, employee costs of $240,000 related to severance and benefits were recorded in the third quarter.