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LA QUINTA MOTOR INNS LIMITED PARTNERSHIP DECLARES CASH DISTRIBUTION FOR THE QUARTER ENDED MARCH 31, 1993

 SAN ANTONIO, Texas, May 7 /PRNewswire/ -- La Quinta Motor Inns Limited Partnership (NYSE: LQP) announced a first quarter distribution of $.20 per unit which will be paid on June 8, 1993 to unitholders of record as of May 28, 1993. As previously announced, the partnership will increase its annual distribution from $.80 per unit to $1.00 per unit, effective for the first quarterly distribution after the final settlement of all pending litigation with Ronin Partners, L.P. is approved by the courts, currently expected to be during the summer of 1993.
 All partnership distributions are from the operations of the partnership, and as such, are not guaranteed. The determination of the amount of such distributions is at all times subject to the partnership agreement and the fiduciary obligations of the general partner of the partnership.
 La Quinta Realty Corp., the general partner of the partnership, is a wholly-owned subsidiary of La Quinta Motor Inns, Inc., the entity which manages the partnership's inns and restaurants. La Quinta Inns Limited partnership owns 31 La Quinta Inns and 20 restaurants in 15 states.
 -0- 5/7/93
 /CONTACT: Investor Relations, La Quinta Motor Inns, 210-366-6030/
 (LQP)


CO: La Quinta Motor Inns ST: Texas IN: LEI SU: DIV

LD -- NY076 -- 6185 05/07/93 18:39 EDT
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Publication:PR Newswire
Date:May 7, 1993
Words:214
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