Exhibit (a)(5)
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PRESS RELEASE
FOR IMMEDIATE RELEASE
MacKenzie Patterson, Inc.,
1640 School Street
Moraga, California 94556
June 2, 2000
Offer for units of limited partnership interest ("Units") in BROWN-BENCHMARK
PROPERTIES LIMITED PARTNERSHIP, an Delaware limited partnership(the
"Partnership"), extended through July 3, 2000 and purchase price increased to
$15 per Unit
MP VALUE FUND 6, LLC; MP VALUE FUND 4, LLC; MORAGA FUND 1, L.P.;
ACCELERATED HIGH YIELD INSTITUTIONAL INVESTORS, LTD.; ACCELERATED HIGH YIELD
INSTITUTIONAL FUND, LTD.; ACCELERATED HIGH YIELD PENSION INVESTORS, LTD.;
ACCELERATED HIGH YIELD INCOME FUND 1, LTD.; MP-DEWAAY FUND, LLC; MP FALCON FUND,
LLC; and MACKENZIE SPECIFIED INCOME FUND, L.P. (collectively the "Purchasers")
have extended the expiration date for their tender offer to purchase up to
125,000 Units of the Partnership through July 3, 2000, and have increased the
purchase price to $15 per Unit, less the amount of any distributions declared or
made with respect to the Units between May 5, 2000 and July 3, 2000, or such
other date to which this Offer may be further extended.
As of June 1, 2000, 1,000 Units had been tendered to the bidders by
security holders and not withdrawn.
For further information, contact Christine Simpson at the above address.
