HOUSTON, July 19 /PRNewswire-FirstCall/ -- Natural Resource Partners L.P.
(NYSE: NRP and NYSE: NSP) today announced that the Board of Directors of its
general partner has declared a second quarter 2006 distribution of $0.82 per
unit for both NRP and NSP, an increase of $0.03 in its quarterly distribution.
This equates to an annualized distribution of $3.28 per unit. The
distribution will be paid on August 14, 2006 to unitholders of record on
August 1, 2006. This represents a 15% increase over the same period last year
and makes the twelfth consecutive quarter that NRP has increased its
distribution.
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. The common
units are traded on the New York Stock Exchange (NYSE) under the symbol NRP
and the subordinated units are traded on the NYSE under the symbol NSP.
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.
CONTACT:
Kathy Hager of Natural Resource Partners L.P.,
+1-713-751-7555,
or
khager@nrplp.com
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