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prnewswire

Cross Timbers Royalty Trust Declares October Cash Distribution

  • Press Release
  • Source: U.S. Trust
  • On 9:45 am EDT, Tuesday October 20, 2009

DALLAS, Oct. 20 /PRNewswire-FirstCall/ -- U.S. Trust, Bank of America Private Wealth Management, as Trustee of the Cross Timbers Royalty Trust (NYSE: CRT - News), today declared a cash distribution to the holders of its units of beneficial interest of $0.226311 per unit, payable on November 16, 2009, to unitholders of record on October 30, 2009. 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          Gas         Oil      Gas
                          (Bbls)       (Mcf)     (per Bbl) (per Mcf)

    Current Month         18,000      195,000     $63.67     $5.73

    Prior Month           19,000      179,000     $57.92     $5.97

Other

Effective October 5, 2009, American Stock Transfer & Trust Company (AST) became the new transfer agent and registrar for Cross Timbers Royalty Trust. Unitholders with registered ownership accounts can contact AST with questions relating to transfers of ownership and instruction, a change of address, direct deposit of distribution checks, and any other account related questions at the dedicated toll free number 1-866-737-9818.

For more information on the Trust, please visit our web site at www.crosstimberstrust.com.

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