DALLAS, June 3 /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
$0.20698 per unit, payable on June 29, 2004, to unit holders of record on
June 15, 2004.
Due to the timing of the end of the month of May, approximately $13,000 of
revenue received will be posted in the following month of June in addition to
normal receipts during June. Approximately $1,141,000 in revenue has been
received since the end of the month.
This distribution reflects primarily the oil production for March 2004 and
the gas production for February 2004. Preliminary production volumes are
approximately 40,000 barrels of oil and 454,000 mcf of gas.
The 2003 Annual Report/10-K is 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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