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MAUNA LOA MACADAMIA PARTNERS L.P. DECLARES REGULAR THIRD QUARTER DISTRIBUTION

 MAUNA LOA MACADAMIA PARTNERS L.P. DECLARES
 REGULAR THIRD QUARTER DISTRIBUTION
 HONOLULU, Aug. 21 /PRNewswire/ -- Mauna Loa Macadamia Partners L.P. (NYSE: NUT) announced today a cash distribution of 20 cents per class A unit, to be paid Friday, Nov. 13, 1992, to owners of record as of the close of business on Wednesday, Sept. 30, 1992. The amount of this distribution corresponds to an annual rate of $.80 per class A unit.
 This payment will be the 26th consecutive distribution since the partnership's class A units began trading in June 1986. During that time, the partnership has distributed more than $39 million in cash to its investors for an average annual rate of return exceeding 10 percent, with the majority of that return sheltered from current federal taxation.
 Mauna Loa Macadamia Partners L.P. is the world's largest grower of macadamia nuts, owning or leasing 4,027 acres of orchards on the island of Hawaii, where macadamia yields are the highest in the world. The partnership's class A units trade on the New York Stock Exchange.
 -0- 8/21/92
 /CONTACT: Lissa Dunford, CFO of Mauna Loa Macadamia Partners, 808-544-6112/
 (NUT) CO: Mauna Loa Macadamia Partners L.P. ST: Hawaii IN: FOD SU: DIV


KJ-JB -- LA026 -- 2357 08/21/92 20:33 EDT
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Publication:PR Newswire
Date:Aug 21, 1992
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