New CCD UBV photometry of the open cluster NGC 2818 central region indicates that previously derived values of distance and reddening for the cluster have been considerably overestimated, leading to erroneous values for the physical parameters of its associated planetary nebula (PK 261 + 8.1 deg). The analysis of the new data yields E(B-V) = 0.18 + or - 0.03 and V(0)-M(v) = 11.80 + or - 0.2 (2.3 + or - 0.2 kpc) for the cluster's color excess and distance modulus, respectively. If cluster membership is assumed for the planetary nebula, the above estimates result in physical parameters that compare better with those of a typical planetary nebula in the Galaxy and the Magellanic Clouds.
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Mario H. Pedreros (1989) studied this question.