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HIGH RIVER TENDER OFFERS FOR SHELTER LIMITED PARTNERSHIPS EXTENDED

MT. KISCO, N.Y., June 20 /PRNewswire/ -- High River Limited Partnership ("High River") today announced that it has extended the expiration date of its tender offer (the "Tender Offer") for units of limited partnership interest ("Units") in each of Shelter Properties I Limited Partnership ("Shelter I"), Shelter Properties II Limited Partnership ("Shelter II"), Shelter Properties III Limited Partnership ("Shelter III"), Shelter Properties IV Limited Partnership ("Shelter IV"), Shelter Properties V Limited Partnership ("Shelter V"), and Shelter Properties VI Limited Partnership ("Shelter VI") until 12:00 midnight, New York City time on Monday, July 3, 1995. As of June 19, 1995, 251 Units of Shelter I, 731 Units of Shelter II, 788 Units of Shelter III, 609 Units of Shelter IV, 1,232 Units of Shelter V, and 259 Units of Shelter VI had been tendered to the depository pursuant to the terms of the Tender Offer.

The Tender Offer is being made pursuant to an Offer to Purchase dated May 26, 1995, as amended.

Requests for copies of the Tender Offer materials may be obtained, at the expense of High River, from The Herman Group, Inc., the Information Agent for the Tender Offer, at: 13760 Noel Road, Suite 320, Dallas, Texas, 75240, 800-992-6212 (toll free).
 -0- 6/20/95


/CONTACT: Tina Simms for High River Limited Partnership, 914-242-4013/

CO: High River Limited Partnership; Shelter Properties I Limited

Partnership ST: New York IN: FIN SU: OFR

TW-MP -- NY044 -- 7519 06/20/95 10:43 EDT
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Publication:PR Newswire
Date:Jun 20, 1995
Words:244
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