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ROYAL HAWAIIAN ORCHARDS, L.P. REPORTS 2013 OPERATING RESULTS

Hilo, Hawaii -- Royal Hawaiian Orchards, L.P. (OTCQX: NNUTU) today reported a net loss of $3.7 million, or ($0.49) per Class A Unit for the year ended 2013 on revenues of $13.9 million as compared to a net loss of $499,000, or ($0.07) per Class A Unit on revenues of $20.1 million for the year ended 2012. The loss in 2013 was attributable to: 1) the poor crop, which was the second lowest harvest in the past 20 years, resulting in a 21% decrease, or 5.8 million fewer wet-in-shell (“WIS”) pounds than in 2012; 2) reduction of sales of WIS...

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Royal Hawaiian Orchards L.P. Commences Rights Offering to Raise Growth Capital for expansion of Royal Hawaiian Orchards® brand

HILO, HI, January 14, 2014 -- Royal Hawaiian Orchards, L.P. (OTCQX: NNUTU) (or “RHO”), one of the world's largest growers of macadamia nuts, today announced its commencement of a rights offering (the “Rights Offering”), which is being extended to all holders of record of the Company’s Depository Units as of the close of business on November 4, 2013 (the “Record Date”). If these subscription rights are exercised in full, the Rights Offering is expected to raise approximately $9 million after expenses. “We are taking a major step forward towards realizing our goal to transition from a farming company to a...

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Royal Hawaiian Orchards, L.P. Announces Scott Wallace Appointed President

Hilo, Hawaii — Royal Hawaiian Orchards, L.P. (OTCQX: NNUTU) today announced the resignation of John Kai from the position of President of Royal Hawaiian Resources, Inc., the General Partner of Royal Hawaiian Orchards, L.P., a position he has held on an interim basis since June 2013. Mr. Kai will remain a director of the General Partner. Scott Wallace will succeed Mr. Kai as President and Chief Executive Officer of Royal Hawaiian Resources, Inc. Mr. Wallace has served as Executive Vice President sales and marketing since January 2012. Since joining the Partnership, he has led the effort to develop and grow...

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Royal Hawaiian Orchards, L.P. Reports First Quarter 2013 Earnings

Hilo, Hawaii -- Royal Hawaiian Orchards, L.P. (OTCQX: NNUTU) today reported a net loss of $628,000, or ($0.08) per Class A Unit for the first quarter of 2013 on revenues of $2.0 million as compared to a net loss of $8,000, or $0.00 per Class A Unit on revenues of $3.5 million for the first quarter of 2012. The net loss in 2013 was attributable to start-up, development, and other costs of the Partnership’s branded products segment, which amounted to $522,000 and lower than normal first quarter macadamia nut production in its owned orchard segments, which resulted in a loss...

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Royal Hawaiian Orchards, L.P. Reports 2012 Operating Results; Announces Distribution

Hilo, Hawaii - - Royal Hawaiian Orchards, L.P. (OTCQX: NNUTU), formerly known as ML Macadamia Orchards, L.P., announced today that for the twelve months ended December 31, 2012, it reported a net loss of $499,000 as compared to net income of $712,000 for the year ended December 31, 2011. The net loss in 2012 is primarily the result of $1.0 million in start-up costs related to the development and launch of the Royal Hawaiian Orchards® retail brand through its wholly-owned subsidiary, Royal Hawaiian Macadamia Nut, Inc. (“Royal”). The Partnership’s farming operations remained profitable, generating net income of $521,000 for the...

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