PERMIAN BASIN ROYALTY TRUST ANNOUNCES AMENDED MARCH CASH DISTRIBUTION RELEASE

DALLAS, March 18, 2024 /PRNewswire/ -- Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian" or the "Trust") today announced corrections to its press release from earlier today that declared a cash distribution to the holders of its units of beneficial interest of $0.041340 per unit, payable on April 12, 2024, to unit holders of record on March 28, 2024. The per unit distribution amount was not changed due to the reporting errors listed below.