Mesa Royalty Trust

Mesa Royalty Trust is a Texas-based trust that owns an overriding royalty interest in specific producing oil and gas properties. The Trust was established on November 1, 1979, and operates under the Mesa Royalty Trust Indenture. It holds an overriding royalty interest, referred to as the "Royalty," which is equal to 11.44% of 90% of the Net Proceeds from these properties. The Trust has no employees, and all administrative functions are handled by its Trustee, The Bank of New York Mellon Trust Company, N.A., located at 601 Travis Street, Floor 16, Houston, Texas 77002. The Trust's telephone number is 713-483-6020. The oil and gas properties from which the Trust derives its royalty interest are located in two primary geographic areas: * The Hugoton field in Kansas, referred to as the "Hugoton Royalty Properties." * The San Juan Basin field, which includes properties in New Mexico ("San Juan Basin - New Mexico Properties") and Colorado ("San Juan Basin - Colorado Properties"). These are collectively known as the "San Juan Basin Royalty Properties." Together, the Hugoton Royalty Properties and the San Juan Basin Royalty Properties constitute the "Royalty Properties" from which Mesa Royalty Trust receives its income. The Trust makes its SEC filings and other information available free of charge on its website, http://mtr.q4web.com/home/default.aspx.