DALLAS, Jan. 6 /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
$0.17308 per unit, payable on January 29, 2003, to unit holders of record on
January 15, 2003.
Due to the timing of the Christmas and New Year holidays and the end of
the month of December, approximately $971,000 of revenue will be posted in the
following month of January in addition to normal receipts during January.
Approximately $312,000 for ad valorem taxes for 2002 is being deducted from
this month's distribution. These payments are normal expenditures at this
time of year.
SOURCE Sabine Royalty Trust
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CONTACT:
Ron E. Hooper, Senior Vice President of Bank
of America, N.A., +1-800-365-6541, for Sabine Royalty Trust
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