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ARCADIAN FILES SEC FORM 8-K RELATING TO ACQUISITIONS AND DISCLOSES ANTICIPATED FIRST QUARTER OPERATING PERFORMANCE

 MEMPHIS, Tenn., April 6 /PRNewswire/ -- Arcadian Partners, L.P. (NYSE: UAN) announced today that it is filing a Form 8-K with the Securities and Exchange Commission and the New York Stock Exchange to report the previously announced completion of the acquisitions of Fertilizers of Trinidad and Tobago Limited and Trinidad and Tobago Urea Company Limited. The Form 8-K also includes information regarding the anticipated acquisition of the nitrogen fertilizer business of BP Chemicals, Inc. and the related pro forma financial information.
 Arcadian is also disclosing in the filing certain information relating to its anticipated 1993 first quarter results. Arcadian anticipates an increase in sales for the first quarter of 1993 as compared to the first quarter 1992; however, this sales increase will be more than offset by the effects of lower production, and significantly increased natural gas costs due to colder than expected weather. As a result, operating and net income for the first quarter of 1993 is expected to be below the results experienced in the first quarters of both 1992 and 1991.
 Arcadian does not expect the reduced earnings to negatively impact the 60.5 cent distribution to Preference Unitholders for the quarter ending March 31, 1993.
 Arcadian Partners, L.P., is a recognized U.S. leader in the manufacturing, marketing and distribution of nitrogen fertilizers and related products.
 -0- 4/6/93
 /CONTACT: Gwaine W. Ton, Director of Investor Relations and Financial Services, Arcadian Partners, L.P., 901-758-5366/
 (UAN)


CO: Arcadian Partners, L.P. ST: Tennessee IN: AGR SU: TNM ERP

SB -- CH005 -- 3436 04/06/93 12:28 EDT
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Publication:PR Newswire
Date:Apr 6, 1993
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