WildHorse Resource Development Corporation Announces Dividend on Series A Perpetual Convertible Preferred Stock

HOUSTON–(BUSINESS WIRE)–WildHorse Resource Development Corporation (NYSE:WRD) today announced an
aggregate quarterly dividend of $6.656 million on its 435,000 shares of
6.0% Series A Perpetual Convertible Preferred Stock. The dividend was
paid by an automatic increase to the accreted value of each such share
of Series A Perpetual Convertible Preferred Stock, which were issued
with an initial accreted value of $1,000. The dividend is for the period
beginning on November 1, 2017 to January 31, 2018 and was paid to
holders of record on January 15, 2018.

About WildHorse Resource Development

WildHorse Resource Development Corporation is an independent oil and
natural gas company focused on the acquisition, exploration, development
and production of oil, natural gas and NGL properties primarily in the
Eagle Ford Shale in East Texas and the Over-Pressured Cotton Valley in
North Louisiana.

Contacts

WildHorse Resource Development Corporation
Pearce Hammond, CFA
(713) 255-7094
Vice President, Investor Relations
ir@wildhorserd.com