EX-99.1 2 v190942_ex99-1.htm Unassociated Document
EXHIBIT 99.1

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

CROSS TIMBERS ROYALTY TRUST
DECLARES JULY CASH DISTRIBUTION

Dallas, Texas, July 20, 2010 – 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 $0.229438 per unit, payable on August 13, 2010, to unitholders of record on July 30, 2010.  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
 
14,000
 
201,000
 
$  69.58
 
$  6.79
                 
Prior Month
 
17,000
 
130,000
 
$  77.78
 
$  7.61
 
For more information on the Trust, please visit our web site at www.crosstimberstrust.com.

*          *          *
Contact:    
Nancy G. Willis
Vice President
U.S. Trust, Bank of America
Private Wealth Management,
Trustee
Toll Free – 877-228-5084