HOUSTON, April 20 /PRNewswire-FirstCall/ -- Natural Resource Partners L.P.
(NYSE: NRP) today announced that the Board of Directors of its general partner
has declared a 4% increase or $0.025 in its quarterly distribution to $0.6875
per unit. This equates to an annualized distribution of $2.75 per unit. The
first quarter distribution will be paid on May 13, 2005 to unitholders of
record on May 2, 2005. This makes the seventh consecutive quarter that NRP
has increased its distribution and represents a 20% increase over the first
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.
04/20/2005
CONTACT: Kathy Hager of Natural Resource Partners L.P., +1-713-751-7555,
or khager@nrplp.com
Web site: http://www.nrplp.com
(NRP)