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CRITEF-II PARTNERSHIP TO PAY 50 CENTS PER BAC FOR THE FIRST HALF OF 1993

 ROCKVILLE, Md., Aug. 5 /PRNewswire/ -- Capital Realty Investors Tax Exempt Fund Limited Partnership, Series II (CRITEF II) (AMEX: CRB), will pay a cash distribution for the six months ending June 30, 1993, in the amount of 50 cents per Beneficial Assignee Certificate (BAC). The payment date is Aug. 27, 1993.
 Record dates are as follows:
 Holders of Record Receive To Be Paid On
 Jan. 31, 1993 $.0833 per BAC Aug. 27, 1993
 Feb. 28, 1993 .0833 per BAC Aug. 27, 1993
 March 31, 1993 .0833 per BAC Aug. 27, 1993
 April 30, 1993 .0833 per BAC Aug. 27, 1993
 May 31, 1993 .0834 per BAC Aug. 27, 1993
 June 30, 1993 .0834 per BAC Aug. 27, 1993
 Six Month Total $.5000 per BAC
 Record dates for CRITEF II occur at the end of each month; payments are made semi-annually. Distributions are paid approximately 60 days after the end of each semi-annual period and include any monthly distributions declared during the period.
 The next distribution will cover six monthly record dates from July 31 through Dec. 31, 1993, and is expected to be paid on March 1, 1994. The second half of 1993 distribution is expected to range from 43.75 cents per BAC to 56.25 cents per BAC.
 In 1992, distributions totaled $1.00 per BAC.
 CRITEF II BACs began trading on the American Stock Exchange on July 1, 1993. The distribution announced today will paid only to holders of record before trading began on July 1, 1993. CRITEF II is one of two series of securities issued by one partnership -- Capital Realty Investors Tax Exempt Fund Limited Partnership.
 The partnership was formed in 1986. It offered Series II BACs and invested the offering's net proceeds in five federally tax-exempt mortgage revenue bonds used to finance multifamily housing.
 -0- 08/05/93
 CONTACT: James T. Pastore, 301-231-0323, or Kathleen G. Sloan, 301-231-0384, both for CRITEF-II
 (CRB) CO: CAPITAL REALTY INVESTORS TAX EXEMPT FUND LIMITED
 PARTNERSHIP, SERIES II


IN: FIN ST: MD

-- DC024 -- X293 08/05/93
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Publication:PR Newswire
Date:Aug 5, 1993
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