ML Macadamia Orchards, L.P. Announces Fourth Quarter Distribution

Business Wire, Dec 15, 1998

HONOLULU--(BUSINESS WIRE)--Dec. 11, 1998--ML Macadamia Orchards (NYSE:NUT), L.P. today announced a cash distribution of seven and one-half cents (7 1/2 cents) per Class A Unit, to be paid on Friday, Feb. 12, 1999, to unitholders of record as of the close of business on Thursday, Dec. 31, 1998.

This payment will be the 51st consecutive distribution paid since the Partnership's Class A Units began trading publicly in June 1986.

ML Macadamia Orchards, L.P. is the world's largest grower of macadamia nuts, owning or leasing 4,027 acres of orchards on the island of Hawaii, where macadamia yields are the highest in the world. The Partnership's Class A Units trade on the New York Stock Exchange (symbol = NUT).