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Sabine Royalty Trust Declares Monthly Cash Distribution for May

    DALLAS, May 4 /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
$0.23516 per unit, payable on May 27, 2005, to unit holders of record on
May 16, 2005.
    Due to the timing of the end of the month of April, approximately $172,000
of revenue received will be posted in the following month of May in addition
to normal receipts during May.
    This distribution reflects primarily the oil production for February 2005
and the gas production for January 2005.  Preliminary production volumes are
approximately 42,000 barrels of oil and 381,000 mcf of gas.  Preliminary
prices are approximately $46.13 per barrel of oil and $5.84 per mcf of gas.
    For the 2004 Annual Report and Form 10-K and other information, including
the 2004 Tax 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
    CONTACT:
    Ron E. Hooper, Senior Vice President of Bank
    of America, N.A., +1-800-365-6541, for Sabine Royalty Trust