EX-99.1 2 ex99_1.htm EHIBIT 99.1 PRESS RELEASE Ehibit 99.1 Press Release
EXHIBIT 99.1


 
[NEWS RELEASE LETTERHEAD OF CROSS TIMBERS ROYALTY TRUST APPEARS HERE]


CROSS TIMBERS ROYALTY TRUST
DECLARES JUNE CASH DISTRIBUTION

 
    Dallas, Texas, June 19, 2007 - Bank of America, N.A., as Trustee of the Cross Timbers Royalty Trust (NYSE - CRT), today declared a cash distribution to the holders of its units of beneficial interest of $0.296947 per unit, payable on July 16, 2007, to unitholders of record on June 29, 2007.  The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions.
 
   
Underlying Sales
Volumes
  
Average Price
   
Oil
(Bbls)
  
Gas
(Mcf)
  
Oil
(per Bbl)
  
Gas
(per Mcf) 
Current Month                    
    
24,000
    
214,000
  
$
57.35
  
$
8.15 
                          
Prior Month
    
21,500
    
215,000
  
$
54.42
  
$
8.25
  
                                    
    For more information on the Trust, please visit our web site at www.crosstimberstrust.com.
 
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Contact:
Nancy G. Willis
Vice President
Bank of America, N.A.
Toll Free - 877/228-5084