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ARCADIAN PARTNERS, L.P. TO MAKE 60.5 CENT CASH DISTRIBUTION ON PREFERENCE UNITS

 MEMPHIS, Tenn., Oct. 14 /PRNewswire/ -- Arcadian Partners, L.P. (NYSE: UAN), announced today that it will make a cash distribution on its outstanding preference units for the quarter ended Sept. 30, 1993, in the amount of 60.5 cents per preference unit, payable on Nov. 12, 1993, to holders of record as of the close of business on Oct. 29, 1993. The ex-dividend date for this cash distribution is Oct. 25, 1993.
 The preference units are entitled to receive a cumulative minimum quarterly distribution (MQD) from available cash of 60.5 cents per quarter, or $2.42 on an annualized basis, per preference unit.
 This will be the sixth consecutive quarterly cash distribution that Arcadian has made on its 14,772,727 outstanding preference units since its formation on April 30, 1992.
 Arcadian Partners, L.P. is a leading United States producer and worldwide marketer of nitrogen-based fertilizers and related products.
 -0- 10/14/93
 /CONTACT: Deborah A. Howard, Manager of Investor Relations, of Arcadian Partners, L.P., 901-758-5366/
 (UAN)


CO: Arcadian Partners, L.P. ST: Tennessee IN: ENV CHM AGR SU:

SB -- CH010 -- 2405 10/14/93 16:08 EDT
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Publication:PR Newswire
Date:Oct 14, 1993
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