Natural Resource Partners (NRP) Posts Q1 adj.-EPS of 29c

Net Income and Net Income Per Unit Attributable to the Limited Partners Excluding Impairments and Asset Sales

(in thousands)

For the Three Months Ended

March 31,

2016

2015

(unaudited)

Net income attributable to the limited partners, as reported

$

23,024

$

17,139

Gain on sale of assets attributable to the limited partners

(21,487)

(2,025)

Asset impairments attributable to the limited partners

1,989

—

Net income attributable to the limited partners excluding impairments and gain on asset sales

$

3,526

$

15,114

Weighted average number of common units outstanding:

12,230

12,230

Net income per unit attributable to the limited partners excluding impairments and gain on asset sales

$

0.29

$

1.24