DALLAS, Jan. 5 /PRNewswire-FirstCall/ -- Bank of America, N.A., Dallas,
Texas, as Trustee of the Sabine Royalty Trust (NYSE: SBR), today declared a
cash distribution to the holders of its units of beneficial interest of
$0.23520 per unit, payable on January 29, 2004, to unit holders of record on
January 15, 2004.
Due to the timing of the end of the month of December and the Christmas
and New Year holidays, approximately $453,000 of revenue received will be
posted in the following month of January in addition to normal receipts during
January. Approximately $326,000 for ad valorem taxes for 2003 are being
deducted from this month's distribution as compared to $312,000 in
January 2003. Tax Information for 2003 will be available before
March 1, 2004.
For more information on Sabine Royalty Trust, please visit our website at
http://www.sbr-sabineroyalty.com .
Contact: Ron E. Hooper
Senior Vice President
Bank of America, N.A.
Toll Free - 800.365.6541
SOURCE Sabine Royalty Trust
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Related links:
http://www.sbr-sabineroyalty.com
Company News On-Call:
http://www.prnewswire.com/comp/118881.html
CONTACT:
Ron E. Hooper, Senior Vice President of Bank
of America, N.A., +1-800-365-6541
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