UNITED STATES ~~SECURITIES AND EXCHANGE COMMISSION~~

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8 - K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~November 18~~ December 29, 2003

The Newhall Land and Farming ~~Company~~ ~~(a California Limited Partnership)~~Company

( a California Limited Partnership )

(Exact name of registrant as specified in its charter)

California
(State or other jurisdiction of incorporation)

1-8885		95-3931727
(Commission File Number)		(IRS Employer Identification No.)

23823 Valencia Blvd., Valencia, CA 91355
(Address of principal executive offices) (Zip Code)


Registrant’s telephone number, including area code: 661-255-4000

Item 5. Other Events

The Newhall Land and Farming Company issued a news release on ~~November 18~~December 29, 2003 ~~announcing~~ announcing that ~~the~~a ~~California~~Notice ~~Public~~of ~~Utilities~~Appeal ~~Commission~~was ~~Administrative~~filed ~~Law Judge~~in ~~has~~connection ~~issued~~with athe ~~draft~~Kern ~~decision~~County ~~conditionally approving the pending~~Superior ~~application~~Court ~~for~~ruling ~~transfer~~which ofdischarged ~~control~~the ofpreemptory ~~Valencia~~writ ~~Water Company, a wholly-owned subsidiary~~ of ~~Newhall~~mandate ~~Land,~~in ~~to a company jointly owned by Lennar Corporation and LNR Property Corporation pursuant to~~ the ~~pending merger between~~ Newhall ~~Land~~Ranch ~~and the Lennar/LNR entity~~lawsuit. A copy of the news release is filed herewith as Exhibit 99.1.

Item 7. Financial Statements and Exhibits

99.1 News Release – ~~Administrative Law~~Newhall ~~Judge~~Land ~~Issues~~Announces ~~Draft~~Appeal ~~Decision Conditionally Approving Transfer~~ of ~~Control of~~Newhall ~~Valencia~~Ranch ~~Water Company.~~Ruling

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

~~THE NEWHALL LAND AND FARMING COMPANY~~

THE NEWHALL LAND AND FARMING COMPANY

~~(a California Limited Partnership)~~

(a California Limited Partnership)

~~Registrant~~

Registrant

~~By:~~

~~Newhall Management Limited Partnership,~~

By:

Newhall Management Limited Partnership,

Managing General Partner

~~Managing General Partner~~

~~By:~~

~~Newhall Management Corporation,~~

By:

Newhall Management Corporation,

Managing General Partner

~~Managing General Partner~~

Date: November 20, 2003

By:

/s/ Donald L. Kimball

Date: January 2, 2004

By:

/s/ Vicki M. Stiller

Donald L. Kimball

Vicki M. Stiller

Vice President and Chief Financial Officer (Principal Financial Officer)

Controller (Principal Accounting Officer)

Filing Compare · NEWHALL LAND & FARMING CO /CA/