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Press Release

PERMIAN BASIN ROYALTY TR (NYSE: PBT)
Bank of America, N.A.
Trust Dept, Dallas, TX 75202
www.pbt-permianbasintrust.com

Jun 24, 2008 – Stocks That Pay Monthly Dividends: PERMIAN BASIN ROYALTY TRUST (NYSE: PBT)

For Immediate Release

Boston, MA., Jun 24, 2008 – Permian Basin Royalty Trust owns overriding royalty rights in mineral properties in the United States. It holds a 75% net overriding royalty interest in Waddell Ranch Properties located in Crane County, Texas; and a 95% net overriding royalty interest in Texas Royalty Properties in Texas. The company was founded in 1980 and is based in Dallas, Texas.

PERMIAN BASIN ROYALTY TR (NYSE: PBT) has paid dividends since 1987 and has a current dividend yield of 12.9%.

PERMIAN BASIN ROYALTY TR’s current dividend information as per the date of this press release is:
Dividend Declaration Date: Nov-17-2008
Dividend Ex Date: Nov-25-2008
Dividend Record Date: Nov-28-2008
Dividend Payment Date: Dec-12-2008
Dividend Amount: 0.1521  

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