Magnetoresistance of substituted lanthanum manganite (La0.5Eu0.5)0.7Pb0.3MnO3 in the pulse magnetic field H = 25 T was measured at different temperatures. Magnetoresistance relaxation with a characteristic time of 10 -3 s was found. It has been established that the temperature dependence of the relaxation parameter {tau}(t) at different temperatures correlates with the temperature dependence of electrical resistance R(T). The proposed relaxation mechanism is related to relaxation of conducting and dielectric phases in the sample volume under phase stratification conditions. It is shown that relaxation parameter {tau} reflects the number of boundaries in the volume and not the ratio between phase fractions.
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