HOUSTON, July 20 /PRNewswire-FirstCall/ -- Natural Resource Partners L.P.
(NYSE: NRP) today announced that the Board of Directors of its general partner
has declared an increase of $0.025 or approximately 4% in its quarterly
distribution to $0.7125 per unit. This equates to an annualized distribution
of $2.85 per unit. The first quarter distribution will be paid on
August 12, 2005 to unitholders of record on August 1, 2005. This makes the
eighth consecutive quarter that NRP has increased its distribution and
represents a 19% increase over the second quarter distribution last year.
Natural Resource Partners L.P. is headquartered in Houston, TX, with its
operations headquarters in Huntington, WV. NRP is a master limited
partnership that is principally engaged in the business of owning and managing
coal properties in the three major coal producing regions of the United
States: Appalachia, the Illinois Basin and the Powder River Basin.
For additional information, please contact Kathy Hager at 713-751-7555 or
khager@nrplp.com . Further information about NRP is available on the
partnership's website at http://www.nrplp.com .
SOURCE Natural Resource Partners L.P.
07/20/2005
CONTACT: Kathy Hager of Natural Resource Partners L.P., +1-713-751-7555,
or khager@nrplp.com
Web site: http://www.nrplp.com
(NRP)