UNITED STATES

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

~~the Securities~~Date ~~Exchange~~of ~~Act~~Report (Date of earliest ~~1934~~event reported): October 31, 2003

~~Date~~The ofNewhall ~~Report~~Land ~~(Date~~and ~~of earliest event~~Farming ~~reported):~~Company (a ~~October~~California ~~27,~~Limited ~~2003~~Partnership)

The Newhall Land and Farming 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

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 October 2731, 2003 announcing that the ~~Kern~~Company ~~County~~has ~~Superior~~revised ~~Court~~its ~~granted~~2003 ~~Los~~third ~~Angeles~~quarter ~~County’s~~results ~~motion~~and estimate for 2003 net income in response to the Financial Accounting Standards Board’s ~~discharge~~decision to indefinitely defer the ~~writ~~implementation of ~~mandate~~certain ~~related~~provisions toof ~~Newhall~~the Statement ~~Ranch~~of Financial Accounting Standards No. 150. A copy of the news release is filed herewith as Exhibit 99.1.

Item 7. Financial Statements and Exhibits

99.1 News Release – Newhall Land Revises 2003 Third Quarter Results

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:

~~By:~~

Newhall Management Limited Partnership, ~~Managing General Partner~~

By:

Newhall Management Corporation, Managing General Partner

Managing General Partner

Date:

October 29, 2003

By:

/s/ Donald L. Kimball

By:

Newhall Management Corporation,

Donald L. Kimball

Managing General Partner

Vice President and Chief Financial

Date November 4, 2003

By:

/s/ Donald L. Kimball

Officer (Principal Financial Officer)

Donald L. Kimball

Vice President and Chief Financial Officer (Principal Financial Officer)

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