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8-K - NORTH EUROPEAN OIL ROYALTY TRUSTek020111.txt

                                   -3-

Exhibit 99
                                                                 PR NEWSWIRE

                 NORTH EUROPEAN OIL ROYALTY TRUST ANNOUNCES
           THE DISTRIBUTION FOR THE FOURTH QUARTER OF FISCAL 2011


          Red Bank, N.J.  January 28, 2011 - The Trustees of North European
Oil Royalty Trust (NYSE-NRT) today announced a quarterly distribution of
$0.55 per unit for the first quarter of fiscal 2011, payable on February 23,
2011 to holders of record on February 11, 2011.  Natural gas sold during the
fourth calendar quarter of 2010 is the primary source of royalty income on
which the February distribution is based.  John R. Van Kirk, Managing
Director, reported that this year's quarterly distribution of $0.55 per unit
is 10%, or $0.05 per unit, higher than the distribution of $0.50 per unit for
the first quarter of fiscal 2010.  No information on sales or production has
yet been received. Details will be available in the press release announcing
the Trust's net income scheduled for release on or about February 15, 2011.

          Trust royalty payments for each fiscal quarter are now based on
actual royalties payable for the preceding calendar quarter.  As part of the
royalty payment process, in the final month of the Trust's fiscal quarter the
operating companies determine the actual amount of royalties that should have
been paid to the Trust and compare this amount to the amount actually paid.
Any overpayment is deducted from the amount of royalties to be paid in the
first month of the Trust's next fiscal quarter.  Any underpayment would be
added to the amount of royalties paid during the final month of the current
fiscal quarter.  In the quarter just ending, an underpayment in the amount of
Euros 1,455,302 or $1,975,247 was received on January 26, 2011.

          The table below shows the anticipated amount of royalties in Euros
(based on the actual amount of royalties that were paid to the Trust for the
last calendar quarter of 2010), in dollars based on the current exchange rate
of 1.3686 and the dollar royalties in cents per unit.  These figures can only
be approximate due to changing Euro/dollar exchange rates.  The anticipated
royalty income in Euros for April may be increased if the operating
companies' calculations show an underpayment.  In addition, as a result of
errors discovered by the Trust's German accountants in their examination of
the royalty calculations during 2007-08, the Trust will receive an additional
Euros 72,000 in February.

Combined Royalties   Combined Royalties  Combined Royalties  Dollar Royalties
  Anticipated in         In Euros            In Dollars      In Cents per Unit
------------------------------------------------------------------------------
    February           Euros 1,622,587        $2,220,673          $0.24
    March              Euros 1,550,587        $2,122,133          $0.23
    April              Euros 1,550,587        $2,122,133          $0.23
------------------------------------------------------------------------------

          The cumulative 12-month distribution, which includes this February
distribution and the three prior quarterly distributions, is $2.09 per unit.
This 12-month cumulative distribution is 14.69% or $0.36 per unit lower than
the prior 12-month distribution of $2.45 per unit.  The Trust makes quarterly
distributions to unit owners during the months of February, May, August and
November.

                                   -4-

Contact --  John R. Van Kirk, Managing Director, telephone:  (732) 741-4008,
e-mail: jvankirk@neort.com.  The text of the Trust's press releases along
with other pertinent information is available at the Trust's website:
www.neort.com