NATURAL RESOURCE PARTNERS LP — Director's Dealing 2007

Aug 9, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NATURAL RESOURCE PARTNERS LP (NRP)
CIK: 0001171486
Period of Report: 2007-08-08

Reporting Person: KARN ROBERT B III (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-08-08	Common Units	P	300	$31.69	Acquired	300	Indirect
2007-08-08	Common Units	P	300	$31.93	Acquired	300	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Units	5000	Direct

Footnotes

F1: Mr. Karn is the trustee of The Payton Grace Portnoy Irrevocable Trust. Mr. Karn disclaims beneficial ownership of these securities.

F2: Mr. Karn is the trustee of The Blake Kristopher Irrevocable Trust. Mr. Karn disclaims beneficial ownership of these securities.