Hugoton Royalty Trust Declares May Cash Distribution

DALLAS, May 18 /PRNewswire-FirstCall/ -- U.S. Trust, Bank of America Private
Wealth Management, as Trustee of the Hugoton Royalty Trust (NYSE: HGT), today
declared a cash distribution to the holders of its units of beneficial
interest of $0.029206 per unit, payable on June 12, 2009, to unitholders of
record on May 29, 2009. The following table shows underlying gas sales and
average prices attributable to the net overriding royalty payments made by XTO
Energy Inc. (XTO Energy) to the Trust for both the current month and prior
month distributions. Underlying gas sales volumes attributable to the current
month distribution were primarily produced in March.

Underlying Gas Sales
Volumes (Mcf)(a) Average Gas
Total Daily Price per Mcf

Current Month Distribution 2,262,000 73,000 $2.82

Prior Month Distribution 2,062,000 74,000 $3.28

(a) Sales volumes are recorded in the month the trust receives the related net
profits income. Because of this, sales volumes may fluctuate from month to
month based on the timing of cash receipts.

XTO Energy has advised the trustee that three wells are currently being
drilled on the underlying properties and that it has deducted budgeted
development costs of $2,000,000, production expense of $1,908,000 and overhead
of $847,000 in determining the royalty payment to the Trust for the current
month.

Development Costs
XTO Energy has advised the trustee that it decreased the monthly development
cost deduction from $4 million to $2 million beginning with the April 2009
distribution and expects it to remain at that level through the June 2009
distribution. At that time, XTO Energy will consider further reducing the
development cost deduction. The monthly deduction is based on the current
level of development expenditures, budgeted future development costs and the
cumulative actual costs under or over the previous deductions.

For more information on the Trust, please visit our web site at
www.hugotontrust.com.

Statements made in this press release, including those related to development
activities, annual and monthly development costs, and monthly trust
distributions, are "forward-looking statements" within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, that are subject to risks and
uncertainties which are detailed in Part I, Item 1A of the trust's Annual
Report on Form 10-K for the year ended December 31, 2008, which is
incorporated by this reference as though fully set forth herein. Although XTO
Energy and the trustee believe that the expectations reflected in such
forward-looking statements are reasonable, neither XTO Energy nor the trustee
can give any assurance that such expectations will prove to be correct.

SOURCE U.S. Trust

Nancy G. Willis, Vice President, U.S. Trust, Bank of America, Private Wealth
Management, Trustee, 1-877-228-5083; or Louis G. Baldwin, Executive Vice
President & Chief Financial Officer of XTO Energy Inc., +1-817-870-2800