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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000950134-03-009903.txt : 20030708
<SEC-HEADER>0000950134-03-009903.hdr.sgml : 20030708
<ACCEPTANCE-DATETIME>20030708144912
ACCESSION NUMBER:		0000950134-03-009903
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20030703
ITEM INFORMATION:		Financial statements and exhibits
ITEM INFORMATION:		Regulation FD Disclosure
FILED AS OF DATE:		20030708

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SABINE ROYALTY TRUST
		CENTRAL INDEX KEY:			0000710752
		STANDARD INDUSTRIAL CLASSIFICATION:	OIL ROYALTY TRADERS [6792]
		IRS NUMBER:				756297143
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08424
		FILM NUMBER:		03778426

	BUSINESS ADDRESS:	
		STREET 1:		PO BOX 830650
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75283-0650
		BUSINESS PHONE:		2145082400

	MAIL ADDRESS:	
		STREET 1:		PO BOX 830650
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75283-0650
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d07213e8vk.txt
<DESCRIPTION>FORM 8-K
<TEXT>
<PAGE>


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   ----------

                                    FORM 8-K

                                   ----------

                                 CURRENT REPORT



     PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

         Date of Report (Date of earliest event reported): JULY 3, 2003





                              SABINE ROYALTY TRUST
             (Exact name of Registrant as specified in its charter)


                DELAWARE                        1-8424           76-6297143
     (State or other jurisdiction of         (Commission      (I.R.S. Employer
     incorporation or organization)          File Number)    Identification No.)


             TRUST DIVISION
           ROYALTY TRUST GROUP                                        75202
          BANK OF AMERICA, N.A.                                    (Zip Code)
       901 MAIN STREET, 17TH FLOOR
              DALLAS, TEXAS
(Address of principal executive offices)


       Registrant's Telephone Number, including area code: (214) 209-2400


                                 NOT APPLICABLE
              (Former name, former address and former fiscal year,
                          if changed since last report)



<PAGE>


ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

         c. Exhibits

            99.1   Press Release dated July 3, 2003.


ITEM 9.  RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

         This Report on Form 8-K is being furnished pursuant to Item 12, Results
of Operations and Financial Condition, but is furnished under Item 9 pursuant to
the Commission's instructions issued in Exchange Commission Release No.
34-47583. The information furnished is not deemed "filed" for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended, is not subject to
the liabilities of that section and is not deemed incorporated by reference in
any filing under the Securities Act of 1933, as amended.

      On July 3, 2003, the Registrant issued a press release announcing its
quarterly cash distribution to unitholders of record on July 15, 2003. The press
release is attached hereto as Exhibit 99.1 and is incorporated herein by
reference.



<PAGE>



                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                 SABINE ROYALTY TRUST

                                 By: BANK OF AMERICA, N.A., TRUSTEE


                                     By: /s/ RON E. HOOPER
                                         ---------------------------------------
                                                      RON E. HOOPER
                                         Senior Vice President and Administrator

Date:    July 8, 2003


<PAGE>


                                  EXHIBIT INDEX

<Table>
<Caption>
         Exhibit
         Number            Description
         -------           -----------
<S>                        <C>
         99.1              Press Release dated July 3, 2003.
</Table>



</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>d07213exv99w1.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>
<PAGE>


                                                                    EXHIBIT 99.1


                              SABINE ROYALTY TRUST


                                                                    NEWS RELEASE


                          SABINE ROYALTY TRUST DECLARES
                       MONTHLY CASH DISTRIBUTION FOR JULY

         DALLAS, TEXAS, JULY 3, 2003 - 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 $0.20257 per
unit, payable on July 29, 2003, to unit holders of record on July 15, 2003.

         Due to the timing of the end of the month of June, approximately
$1,900,000 of revenue received will be posted in the following month of July in
addition to normal receipts during July.

         For more information on Sabine Royalty Trust, please visit our website
at www.sbr-sabineroyalty.com.


                                      * * *


         Contact: Ron E. Hooper
                  Senior Vice President
                  Bank of America, N.A.
                  Toll Free - 800.365.6541


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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