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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000950134-03-013779.txt : 20031022
<SEC-HEADER>0000950134-03-013779.hdr.sgml : 20031022
<ACCEPTANCE-DATETIME>20031022114825
ACCESSION NUMBER:		0000950134-03-013779
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20031021
ITEM INFORMATION:		
ITEM INFORMATION:		Financial statements and exhibits
FILED AS OF DATE:		20031022

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:		03951249

	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>d09830e8vk.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): OCTOBER 21, 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 October 21, 2003.

ITEM 12. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

         On October 21, 2003, the Registrant issued a press release announcing
its monthly cash distribution to unitholders of record on October 31, 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: October 22, 2003


<PAGE>

                                  EXHIBIT INDEX

<Table>
<Caption>
         Exhibit
         Number            Description
         ------            -----------
<S>                        <C>
         99.1              Press Release dated October 21, 2003.
</Table>





</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>d09830exv99w1.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>
<PAGE>

                                                                    EXHIBIT 99.1

                           PERMIAN BASIN ROYALTY TRUST


                                                          NEWS RELEASE


                           PERMIAN BASIN ROYALTY TRUST
                       ANNOUNCES OCTOBER CASH DISTRIBUTION

         DALLAS, TEXAS, OCTOBER 21, 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 $0.055448 per unit,
payable on November 17, 2003, to unit holders of record on October 31, 2003.

         This month's distribution decreased from the previous month primarily
due to lower production of oil and higher operating costs. Production for
Waddell Ranch and the Texas Royalty Properties combined for oil and gas
respectively was 57,465 bbls and 258,746 mcf. The average price for oil was
$27.42 per bbl and for gas was $4.42 per mcf. This would primarily reflect
production for the month of August. Capital expenditures were approximately
$290,074. 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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