Mesa Royalty Trust Announces Trust Income for April 2018

April 18, 2018

HOUSTON–(BUSINESS WIRE)–Mesa Royalty Trust (NYSE:MTR) announced the Trust income distribution
for the month of April 2018. Unitholders of record on April 30, 2018
will receive distributions amounting to $0.113811216 per unit payable on
July 31, 2018. The Trust received $97,150 and $55,725 from the New
Mexico and Colorado portions, respectively, of the San Juan Basin
Properties. Royalty income received from the Hugoton Properties totaled
$84,725.

This press release contains forward-looking statements. Although
the working interest owners have advised the Trustee that the working
interest owners believe that the expectations contained in this press
release are reasonable, no assurances can be given that such
expectations will prove to be correct. The working interest owners alone
control historical operating data, and handle receipt and payment of
funds relating to the royalty properties and payments to the Trust for
the related royalty. The Trustee cannot assure that errors or
adjustments by the working interest owners, whether historical or
future, will not affect future royalty income and distributions by the
Trust. Other important factors that could cause these statements to
differ materially include delays in actual results of drilling
operations, risks inherent in drilling and production of oil and gas
properties, and other factors described in the Trust’s Form 10-K for the
year ended December 31, 2017 under “Item 1A. Risk Factors”. Statements
made in this press release are qualified by the cautionary statements
made in such risk factors. The Trust does not intend, and assumes no
obligations, to update any of the statements included in this press
release.