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PLM EQUIPMENT GROWTH FUNDS DECLARE QUARTERLY DISTRIBUTIONS

 SAN FRANCISCO, March 16 /PRNewswire/ -- PLM Equipment Growth Fund, PLM Equipment Growth Fund II and PLM Equipment Growth Fund III, California limited partnerships, sponsored by PLM International Inc. (AMEX: PLM), today announced quarterly cash distributions.
 PLM Equipment Growth Fund (AMEX: GFX) declared a distribution of 57.5 cents per outstanding depositary unit, payable May 15, 1993, to unitholders of record as of March 31, 1993.
 PLM Equipment Growth Fund II (AMEX: GFY) declared a distribution of 40 cents per outstanding depositary unit, payable May 15, 1993, to unitholders of record as of March 31, 1993.
 PLM Equipment Growth Fund III (AMEX: GFZ) declared a distribution of 40 cents per outstanding depositary unit, payable May 15, 1993, to unitholders of record as of March 31, 1993.
 PLM Equipment Growth Fund is a $120-million income-oriented limited partnership formed in May 1986, and listed for trading on the American Stock Exchange June 1, 1989. PLM Equipment Growth Fund II is a $150-million income-oriented limited partnership formed in March 1987, and listed for trading on the American Stock Exchange Nov. 20, 1990. PLM Equipment Growth Fund III is a $200-million income-oriented limited partnership formed in March 1988, and listed for trading on the American Stock Exchange Aug. 16, 1991. The three limited partnerships were formed to acquire, manage and lease a diversified portfolio of used transportation equipment.
 The general partner for PLM Equipment Growth Fund, PLM Equipment Growth Fund II, PLM Equipment Growth Fund III is PLM Financial Services Inc., a wholly-owned subsidiary of PLM International, Inc.
 PLM International is a transportation equipment leasing company specializing in the management of equipment on operating leases. The company is also the leading sponsor of syndicated investment programs organized to invest primarily in transportation equipment.
 -0- 3/16/93
 /CONTACT: Valerie Carattini-Cooke, director of Corporate Communications of PLM International, 415-905-7227/
 (GFX GFY GFZ PLM)


CO: PLM Equipment Growth Fund; PLM Equipment Growth Fund II;
 PLM Equipment Growth Fund III; PLM International Inc.;
 PLM Financial Services Inc. ST: California IN: TRN SU: DIV


LH-TB -- SF009 -- 6726 03/16/93 16:28 EST
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Publication:PR Newswire
Date:Mar 16, 1993
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