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Sabine Royalty Trust Declares Monthly Cash Distribution for September
 
    DALLAS, Sept. 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
$0.20632 per unit, payable on September 30, 2002, to unit holders of record on
September 16, 2002.
    Due to the timing of the end of the month of August, approximately $38,000
of revenue will be posted in the following month of September in addition to
normal receipts during September.
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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