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NORTHERN BORDER PARTNERS, L.P. DECLARES REGULAR FOURTH QUARTER CASH DISTRIBUTION

 HOUSTON, Jan. 10 /PRNewswire/ -- The Partnership Policy Committee of Northern Border Partners, L.P. (NYSE: NBP) today declared the Partnership's first quarterly cash distribution of $0.55 per common unit for the fourth quarter of 1993. The indicated annual rate is $2.20 per unit.
 The distribution is payable Feb. 14, 1994, to unitholders of record as of the close of business on Jan. 31, 1994, out of the available cash flow from operations of the partnership from October 1, 1993 to Dec. 31, 1993.
 Northern Border Partners, L.P., which became a publicly traded partnership effective Oct. 1, 1993, owns a 70 percent general partner interest in Northern Border Pipeline Company, a 969-mile U.S. interstate pipeline system that transports natural gas produced in western Canada and the Williston Basin to major gas consuming markets in the United States. Northern Border Partners is listed on the New York Stock Exchange under the symbol "NBP."
 -0- 1/10/94
 /CONTACT: A.H. Davis of Enron Corp., 713-853-6941/
 (NBP)


CO: Northern Border Partners, L.P. ST: Texas IN: OIL SU: DIV

TW -- NY076 -- 0621 01/10/94 13:26 EST
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Publication:PR Newswire
Date:Jan 10, 1994
Words:189
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