-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Tbd0C4JRnMq3HOm6JTx2limLHI6H/+yodCbQQl1BgohO99OXCG0wYTLfsK0LzksI
 ouNUbL9/l0YE2h6q+wzskw==

<SEC-DOCUMENT>0000950134-03-012990.txt : 20030924
<SEC-HEADER>0000950134-03-012990.hdr.sgml : 20030924
<ACCEPTANCE-DATETIME>20030924152306
ACCESSION NUMBER:		0000950134-03-012990
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20030919
ITEM INFORMATION:		
ITEM INFORMATION:		Financial statements and exhibits
FILED AS OF DATE:		20030924

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:		03907864

	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>d09221e8vk.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): SEPTEMBER 19, 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 September 19, 2003.


ITEM 12. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

     On September 19, 2003, the Registrant issued a press release announcing
its monthly cash distribution to unitholders of record on September 30, 2003.
The press release is attached hereto as Exhibit 99.1 and is incorporated herein
by reference.

     This Report on Form 8-K is being furnished pursuant to Item 12, Results of
Operations and Financial Condition. 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.


<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: September 24, 2003


<PAGE>


                                  EXHIBIT INDEX

<Table>
<Caption>
  Exhibit
  Number            Description
  ------            -----------

<S>                 <C>
  99.1              Press Release dated September 19, 2003.
</Table>





</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>d09221exv99w1.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>
<PAGE>


                                                                    EXHIBIT 99.1

                           PERMIAN BASIN ROYALTY TRUST


                                                         NEWS RELEASE


                           PERMIAN BASIN ROYALTY TRUST
                      ANNOUNCES SEPTEMBER CASH DISTRIBUTION


         DALLAS, TEXAS, SEPTEMBER 19, 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 $0.068979 per
unit, payable on October 15, 2003, to unit holders of record on September 30,
2003.

         This month's distribution increased from the previous month primarily
due to higher production of oil and gas and lower capital costs. Production for
Waddell Ranch and the Texas Royalty Properties combined for oil and gas
respectively was 65,729 bbls and 333,048 mcf. The average price for oil was
$28.46 per bbl and for gas was $4.72 per mcf. This would primarily reflect
production for the month of July. Capital expenditures were approximately
$219,112. 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>
-----END PRIVACY-ENHANCED MESSAGE-----
