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PLM EQUIPMENT GROWTH FUNDS DECLARE QUARTERLY DISTRIBUTIONS

 PLM EQUIPMENT GROWTH FUNDS DECLARE QUARTERLY DISTRIBUTIONS
 SAN FRANCISCO, Sept. 16 /PRNewswire/ -- PLM Equipment Growth Fund (AMEX: GFX), PLM Equipment Growth Fund II (AMEX: GFY) and PLM Equipment Growth Fund III (AMEX:GFZ), California limited partnerships, sponsored by PLM International Inc. (AMEX: PLM), today announced quarterly cash distributions.
 PLM Equipment Growth Fund declared a distribution of $0.575 per outstanding depositary unit, payable Nov. 15, 1992, to unitholders of record as of Sept. 30, 1992.
 PLM Equipment Growth Fund II declared a distribution of $0.55 per outstanding depositary unit, payable Nov. 15, 1992, to unitholders of record as of Sept. 30, 1992.
 PLM Equipment Growth Fund III declared a distribution of $0.525 per outstanding depositary unit, payable Nov. 15, 1992, to unitholders of record as of Sept. 30, 1992.
 PLM Equipment Growth Fund is a $120 million income-oriented limited partnership formed in May 1986 and listed for trading on the American Stock Exchange June 1, 1989. PLM Equipment Growth Fund II is a $150 million income-oriented limited partnership formed in March 1987 and listed for trading on the American Stock Exchange Nov. 20, 1990. PLM Equipment Growth Fund III is a $200 million income-oriented limited partnership formed in March 1988 and listed for trading on the American Stock Exchange Aug. 16, 1991. The three limited partnerships were formed to acquire, manage and lease a diversified portfolio of used transportation equipment.
 The general partner for PLM Equipment Growth Fund, PLM Equipment Growth Fund II, PLM Equipment Growth Fund III is PLM Financial Services Inc., a wholly owned subsidiary of PLM International Inc.
 PLM International is a transportation equipment leasing company specializing in the management of equipment on operating leases. The company is also the leading sponsor of syndicated investment programs organized to invest primarily in transportation equipment.
 -0- 9/16/92
 /CONTACT: Valerie Carattini-Cooke, director, Corporate Communications, of PLM International, 415-905-7227/
 (GFX GFY GFZ PLM) CO: PLM Equipment Growth Fund; PLM Equipment Growth Fund II; PLM
 Equipment Growth Fund III; PLM International ST: California IN: TRN SU: DIV


RM -- SF004 -- 0360 09/16/92 18:02 EDT
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Publication:PR Newswire
Date:Sep 16, 1992
Words:348
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