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<SEC-DOCUMENT>0000950134-03-010481.txt : 20030724
<SEC-HEADER>0000950134-03-010481.hdr.sgml : 20030724
<ACCEPTANCE-DATETIME>20030724151618
ACCESSION NUMBER:		0000950134-03-010481
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20030718
ITEM INFORMATION:		Financial statements and exhibits
ITEM INFORMATION:		Regulation FD Disclosure
FILED AS OF DATE:		20030724

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PERMIAN BASIN ROYALTY TRUST
		CENTRAL INDEX KEY:			0000319654
		STANDARD INDUSTRIAL CLASSIFICATION:	OIL ROYALTY TRADERS [6792]
		IRS NUMBER:				756280532
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08033
		FILM NUMBER:		03800884

	BUSINESS ADDRESS:	
		STREET 1:		BANK OF AMERICA N A TRUST DEPARTMENT
		STREET 2:		P O BOX 1317 NK OF TEXAS NA TRUST DEPT
		CITY:			FT WORTH
		STATE:			TX
		ZIP:			76102
		BUSINESS PHONE:		8173906905

	MAIL ADDRESS:	
		STREET 1:		1300 SUMMIT AVENUE SUITE 300
		CITY:			FORTH WORTH
		STATE:			TX
		ZIP:			76102
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d07553e8vk.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 18, 2003



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



                TEXAS                      1-8033             75-6280532
(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 18, 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 18, 2003, the Registrant issued a press release announcing its
quarterly cash distribution to unitholders of record on July 31, 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.


                                PERMIAN BASIN ROYALTY TRUST


                                By:  BANK OF AMERICA, N.A., TRUSTEE FOR
                                     PERMIAN BASIN ROYALTY TRUST



                                By:  /s/ Ron E. Hooper
                                     -----------------------------------------
                                     Ron E. Hooper
                                     Senior Vice President, Royalty Management

Date: July 24, 2003


<PAGE>
                                  EXHIBIT INDEX

<Table>
<Caption>
    Exhibit
    Number         Description
    -------        -----------
    <S>            <C>
     99.1          Press Release dated July 18, 2003.
</Table>





</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>d07553exv99w1.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>
<PAGE>
                                                                    EXHIBIT 99.1

                           PERMIAN BASIN ROYALTY TRUST


                                                                    NEWS RELEASE



                           PERMIAN BASIN ROYALTY TRUST
                        ANNOUNCES JULY CASH DISTRIBUTION


         DALLAS, TEXAS, JULY 18, 2003 - Bank of America, N.A., as Trustee of the
Permian Basin Royalty Trust (NYSE - PBT), today declared a cash distribution to
the holders of its units of beneficial interest of $0.054215 per unit, payable
on August 14, 2003, to unit holders of record on July 31, 2003.

         This month's distribution decreased from the previous month primarily
due to lower production. Production for Waddell Ranch and the Texas Royalty
Properties combined for oil and gas respectively was 58,827 bbls and 249,323
mcf. The average price for oil was $26.36 per bbl and for gas was $4.48 per mcf.
This would primarily reflect production for the month of May. Capital
expenditures were approximately $483,428. These numbers provided reflect what
was net to the Trust.

         For more information on Permian Basin Royalty Trust, please visit our
website at www.pbt-permianbasintrust.com.


                             *        *        *


         Contact:   Ron E. Hooper
                    Senior Vice President
                    Bank of America, N.A.
                    Toll Free - 877.228.5085




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