DALLAS, April 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
$0.26367 per unit, payable on April 29, 2004, to unit holders of record on
April 15, 2004.
Due to the timing of the end of the month of March, approximately $411,000
of revenue received will be posted in the following month of April in addition
to normal receipts during April.
This distribution reflects primarily the oil production for January 2004
and the gas production for December 2003. Preliminary production volumes are
approximately 67,000 barrels of oil and 580,000 mcf of gas.
Effective March 15, 2004, Mellon Investor Services, transfer agent for
Sabine Royalty Trust, opened a new toll free number dedicated to Sabine
Royalty Trust, to provide account service assistance for registered unit
holders of the Trust. That toll free number is 800-874-2086.
The 2003 Annual Report/10-K and tax information for 2003 are now
available. For those reports and more information on Sabine Royalty Trust,
please visit our website at http://www.sbr-sabineroyalty.com .
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, for Sabine Royalty Trust
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