\nContact:\n<\/p>\n<\/td>\n
\nSan Juan Basin Royalty Trust\n<\/p>\n<\/td>\n<\/tr>\n
\n\u00a0\n<\/p>\n<\/td>\n
\nBBVA USA, Trustee\n<\/p>\n<\/td>\n<\/tr>\n
\n\u00a0\n<\/p>\n<\/td>\n
\n2200 Post Oak Blvd., Floor 18\n<\/p>\n<\/td>\n<\/tr>\n
\n\u00a0\n<\/p>\n<\/td>\n
\nHouston, TX 77056\n<\/p>\n<\/td>\n<\/tr>\n
\n\u00a0\n<\/p>\n<\/td>\n
\nwebsite: www.sjbrt.com<\/a><\/p>\n<\/td>\n
\ne-mail: sjt.us@bbva.com<\/a><\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \nJoshua R. Peterson, Head of Trust Real Assets & Mineral Resources\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \nand Senior Vice President\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \nKaye Wilke, Investor Relations, toll-free: (866) 809-4553\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n \nExcept for historical information contained in this news release, the statements in this news release are forward-looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements generally are accompanied by words such as \u201cestimates,\u201d \u201canticipates,\u201d \u201ccould,\u201d \u201cplan,\u201d or other words that convey the uncertainty of future events or outcomes. Forward-looking statements and the business prospects of San Juan Basin Royalty Trust are subject to a number of risks and uncertainties that may cause actual results in future periods to differ materially from the forward-looking statements. These risks and uncertainties include, among other things, certain information provided to the Trust by Hilcorp, volatility of oil and gas prices, governmental regulation or action, litigation, and uncertainties about estimates of reserves. These and other risks are described in the Trust\u2019s reports and other filings with the Securities and Exchange Commission.\n<\/p>\n\n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n <\/p>\n