BP Prudhoe Bay Royalty Trust Announces First Quarter 2016 Unit Payment

This is to advise you that BP Prudhoe Bay Royalty Trust (NYSE: BPT) announces that the dividend information for the First Quarter of 2016 is as follows:

Ex-Dividend Date: April 13, 2016
Record Date: April 16, 2016
Payable Date: April 20, 2016
Dividend Rate: $0.0720430 per Unit*

*Actual average daily production for the quarter was 95,120 BBLS.

Any questions, please feel free to contact The Bank of New York Mellon Trust Company, N.A. at 713-483-6020.

Contacts:

The Bank of New York Mellon Trust Company, N.A.
Elaina Conley, 713-483-6020

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