Freehold Royalty Trust

Freehold Royalty Trust

March 23, 2005 16:52 ET

Freehold Royalty Trust Files 2004 Documents, Including AIF


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: FREEHOLD ROYALTY TRUST

TSX SYMBOL: FRU.UN

MARCH 23, 2005 - 16:52 ET

Freehold Royalty Trust Files 2004 Documents, Including
AIF

CALGARY, ALBERTA--(CCNMatthews - March 23, 2005) - Freehold Royalty
Trust (TSX:FRU.UN) ("Freehold") today announced that it has filed with
Canadian securities regulators its audited consolidated financial
statements for the year ended December 31, 2004 and related management's
discussion and analysis, and its Annual Information Form ("AIF"), which
includes the statement of reserves data and other oil and gas
information as required under National Instrument 51-101 Standards of
Disclosure for Oil and Gas Activities. These documents are available on
SEDAR (the System for Electronic Document Analysis and Retrieval):
www.sedar.com and on Freehold's website: www.freeholdtrust.com.

Freehold is a Calgary-based oil and gas royalty trust that provides
monthly cash distributions to Unitholders. Monthly distributions are
supplemented by quarterly top-ups when excess funds are available. More
than 85% of distributable income comes from mineral title and gross
overriding royalties, the majority of which Freehold owns in perpetuity.
Freehold currently receives income from more than 17,000 oil and gas
wells in western Canada. The Trust Units trade on the Toronto Stock
Exchange in Canada under the symbol FRU.UN.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Freehold Royalty Trust
    Karen Taylor
    Manager, Investor Relations
    (403) 221-0891 or Toll-free: 1-888-257-1873
    (403) 221-0888 (FAX)
    Email: ir@freeholdtrust.com
    Website: www.freeholdtrust.com