EX-99.1 2 v226331_99-1.htm Unassociated Document
 
EXHIBIT 99.1

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



CROSS TIMBERS ROYALTY TRUST
DECLARES JUNE CASH DISTRIBUTION


Dallas, Texas, June 20, 2011 – 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 $0.319452 per unit, payable on July 15, 2011, to unitholders of record on June 30, 2011.  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
    17,000       185,000     $ 103.46     $ 7.09  
                                 
Prior Month
    16,000       127,000     $ 87.74     $ 7.18  

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