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Sabine Royalty Trust Declares Monthly Cash Distribution for July

    DALLAS, July 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
$0.28078 per unit, payable on July 29, 2005, to unit holders of record on
July 15, 2005.
    Due to the timing of the end of the month of June, approximately $281,000
of revenue received will be posted in the following month of July in addition
to normal receipts during July.
    This distribution reflects primarily the oil production for April 2005 and
the gas production for March 2005.  Preliminary production volumes are
approximately 49,228 barrels of oil and 454,195 mcf of gas.  Preliminary
prices are approximately $46.82 per barrel of oil and $6.14 per mcf of gas.
    For additional 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
    CONTACT:
    Ron E. Hooper, Senior Vice President of Bank
    of America, N.A., +1-800-365-6541, for Sabine Royalty Trust