EX-99.1 2 v107461_ex99-1.htm Unassociated Document
 
 

EXHIBIT 99.1

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


CROSS TIMBERS ROYALTY TRUST
DECLARES MARCH CASH DISTRIBUTION


Dallas, Texas, March 20, 2008 - U.S. Trust, Bank of America Private Wealth Management, 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 $0.319123 per unit, payable on April 14, 2008, to unitholders of record on March 31, 2008. 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
   
18,000
   
155,000
 
 
$ 90.54
 
 
$ 9.80
 
                           
Prior Month
   
21,000
   
173,000
 
 
$ 79.28
 
 
$ 9.66
 


For more information on the Trust, please visit our web site at www.crosstimberstrust.com.
 
* * *
 
Contact:   
Nancy G. Willis
Vice President 
Bank of America, N.A.
Toll Free - 877/228-5084