DALLAS, Nov. 2 /PRNewswire/ -- 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
$0.23238 per unit, payable on November 29, 2001, to unit holders of record on
November 15, 2001.
Approximately $203,000 for ad valorem taxes for 2001 is being deducted
from this month's distribution. These payments are normal expenditures at
this time of year. Also, due to the timing of the end of the month of
October, approximately $130,000 of revenue will be posted in the following
month of November in addition to normal receipts during November. Natural gas
and crude oil pricing continues to trend downward for the year.
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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