Natural Resource Partners Declares First Quarter 2018 Distributions

HOUSTON--()--Natural Resource Partners L.P. (NYSE: NRP) today announced that the Board of Directors of its general partner declared a first quarter 2018 distribution of $0.45 per common unit for NRP. The distribution will be paid on May 14, 2018 to unitholders of record on May 7, 2018.

The Board also declared a first quarter cash distribution on NRP’s 12.0% Class A Convertible Preferred Units, totaling $7.5 million.

Company Profile

Natural Resource Partners L.P., a master limited partnership headquartered in Houston, TX, is a diversified natural resource company that owns interests in coal, aggregates, and industrial minerals across the United States. A large percentage of NRP's revenues are generated from royalties and other passive income. In addition, NRP owns an equity investment in Ciner Wyoming, a trona/soda ash operation and owns a construction aggregates company.

Withholding Information for Foreign Investors

This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat one hundred percent (100.0%) of NRP's distributions to foreign investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, NRP's distributions to foreign investors are subject to federal income tax withholding at the highest applicable rate.

For additional information please contact Kathy Roberts at 713-751-7555 or kroberts@nrplp.com. Further information about NRP is available on the partnership’s website at http://www.nrplp.com.

Contacts

Natural Resource Partners L.P.
Kathy Roberts, 713-751-7555
kroberts@nrplp.com

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Release Summary

Natural Resource Partners L.P. declares first quarter 2018 distributions.

Natural Resource Partners L.P.