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PLM EQUIPMENT GROWTH FUNDS DECLARE QUARTERLY DISTRIBUTIONS

 SAN FRANCISCO, Dec. 7 /PRNewswire/ -- PLM Equipment Growth Fund, PLM Equipment Growth Fund II and PLM Equipment Growth Fund III, California limited partnerships sponsored by PLM Financial Services Inc., today announced quarterly cash distributions.
 PLM Equipment Growth Fund (AMEX: GFX) declared a distribution of $0.575 per outstanding depositary unit, payable Feb. 15, 1994, to unitholders of record as of Dec. 31, 1993.
 PLM Equipment Growth Fund II (AMEX: GFY) declared a distribution of $0.40 per outstanding depositary unit, payable Feb. 15, 1994, to unitholders of record as of Dec. 31, 1993.
 PLM Equipment Growth Fund III (AMEX: GFZ) declared a distribution of $0.40 per outstanding depositary unit, payable Feb. 15, 1994, to unitholders of record as of Dec. 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 primarily used transportation equipment.
 The general partner for PLM Equipment Growth Fund, PLM Equipment Growth Fund II and PLM Equipment Growth Fund III is PLM Financial Services Inc., a wholly owned subsidiary of PLM International Inc. (AMEX: PLM).
 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- 12/7/93
 /CONTACT: Janet Turner, vice president, investor relations, of PLM, 415-905-7214/
 (GFX GFY GFZ PLM)


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


RB-LW -- SF005 -- 1263 12/07/93 12:00 EST
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Publication:PR Newswire
Date:Dec 7, 1993
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