News Release

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Enduro Royalty Trust Announces Public Offering of Trust Units by Enduro Resource Partners LLC

AUSTIN, Texas--(BUSINESS WIRE)--Sep. 25, 2013-- Enduro Royalty Trust (NYSE: NDRO) (the “Trust”) announced today that Enduro Resource Partners LLC (“Enduro”) intends to offer 11,200,000 trust units in an underwritten public offering. Enduro will also grant the underwriters a 30-day option to purchase up to an additional 1,680,000 trust units. The Trust will not sell any trust units in the offering and will not receive any proceeds from the offering. Enduro intends to use the net proceeds from the sale of its trust units to pay down a portion of the outstanding borrowings under its senior secured credit facility.

Barclays, Citigroup, Goldman, Sachs & Co., J.P. Morgan, RBC Capital Markets and Wells Fargo Securities will serve as the joint book-running managers of this offering.

The trust units will be sold pursuant to a prospectus supplement and accompanying prospectus as part of an effective shelf registration statement filed by the Trust with the Securities and Exchange Commission (the “SEC”). Copies of the registration statement can be accessed through the SEC’s website at Copies of the prospectus supplement and accompanying prospectus for this offering may be obtained from the offices of:

c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, New York 11717
Phone: (888) 603-5847

c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, New York 11717
Phone: (800) 831-9146

Goldman, Sachs & Co.
Attn: Prospectus Department
200 West Street
New York, New York 10282
Phone: (866) 471-2526

J.P. Morgan
Attn: Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, New York 11717
Phone: (866) 803-9204

RBC Capital Markets
Attn: Equity Syndicate
Three World Financial Center
200 Vesey Street, 8th Floor
New York, New York 10281-8098
Phone: (877) 822-4089

Wells Fargo Securities
Attn: Equity Syndicate Department
375 Park Avenue
New York, New York 10152
Phone: (800) 316-5897

This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described above, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

About Enduro Royalty Trust

Enduro Royalty Trust is a Delaware statutory trust formed by Enduro to own a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain of Enduro’s properties in the states of Texas, Louisiana and New Mexico.

About Enduro Resource Partners LLC

Enduro Resource Partners LLC is a privately held Delaware limited liability company formed on March 3, 2010 and engaged in the production and development of oil and natural gas from properties located in Texas, Louisiana, New Mexico, Wyoming and North Dakota.

Cautionary Statement Regarding Forward-Looking Information

This press release includes statements, including those related to the offering of trust units, that are “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release, other than statements of historical fact, are “forward-looking statements” for purposes of these provisions. No assurances can be given that the offering discussed herein will be completed within a particular time frame, if at all. Neither Enduro nor the trustee intends, and neither assumes any obligation, to update any of the statements included in this press release. An investment in trust units is subject to the risks described in the Trust’s filings with the SEC, including the risks described in the Trust’s Annual Report on Form 10-K for the year ended December 31, 2012, filed with the SEC on March 18, 2013.

Source: Enduro Royalty Trust

The Bank of New York Mellon Trust Company, N.A., as Trustee
Enduro Royalty Trust
Mary Jo Davis, 713-483-6792