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/FOLLOWING IS A REPEAT OF A RELEASE MOVED YESTERDAY/

 PLM EQUIPMENT GROWTH FUNDS DECLARE QUARTERLY DISTRIBUTIONS
 SAN FRANCISCO, June 17 /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 Financial Services Inc., today announced quarterly cash distributions.
 PLM Equipment Growth Fund declared a distribution of $0.575 per outstanding depositary unit, payable Aug. 16, 1993, to unitholders of record as of June 30, 1993.
 PLM Equipment Growth Fund II declared a distribution of $0.40 per outstanding depositary unit, payable Aug. 16, 1993, to unitholders of record as of June 30, 1993.
 PLM Equipment Growth Fund III declared a distribution of $0.40 per outstanding depositary unit, payable Aug. 16, 1993, to unitholders of record as of June 30, 1993.
 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 primarily 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. (AMEX: PLM).
 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- 6/17/93R
 /CONTACT: Valerie Carattini-Cooke, director, Corporate Communications for PLM International, 415-905-7227/
 (GFX GFY GFZ PLM)


CO: PLM Financial Services Inc.; PLM International Inc. ST: California IN: TRN SU: DIV

OP -- SF014 -- 3645 06/18/93 14:45 EDT
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Publication:PR Newswire
Date:Jun 18, 1993
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