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MAUNA LOA MACADAMIA PARTNERS L.P. DECLARES SECOND QUARTER DISTRIBUTION

 HONOLULU, June 14 /PRNewswire/ -- Mauna Loa Macadamia Partners L.P. (NYSE: NUT) announced today a cash distribution of $.10 per Class A unit, to be paid Monday, Aug. 16, 1993, to owners of record as of the close of business on Wednesday, June 30, 1993. The amount of this distribution corresponds to an annual rate of $0.40 per Class A unit.
 This payment will be the 29th consecutive distribution since the partnership's Class A units began trading publicly in June 1986. During that time, the partnership has distributed more than $41 million in cash to its investors for an average annual rate of return of about 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 (symbol = NUT).
 -0- 6/14/93
 /CONTACT: Lissa Dunford, CFO of Mauna Loa Macadamia Partners, 808-544-6112/


CO: Mauna Loa Macadamia Partners L.P. ST: Hawaii IN: FOD SU: DIV

BP-JB -- LA028 -- 1897 06/15/93 00:00 EDT
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Publication:PR Newswire
Date:Jun 15, 1993
Words:206
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