EXHIBIT 99.2


                                                                    NEWS RELEASE





SAN JUAN BASIN ROYALTY TRUST
ANNOUNCES RESIGNATION OF TRUSTEE


         FORT WORTH, Texas, June 11, 2002 -- San Juan Basin Royalty Trust
announced today that Bank One, N.A. will be resigning as Trustee of the Trust.
Bank One has concluded that the administration of royalty trusts is not core to
its long-term strategy. Bank One's resignation will take effect within 45 days
following the appointment of a successor trustee.

         In accordance with the terms of the San Juan Basin Royalty Trust
Indenture, the Trustee will nominate a successor and will call a meeting of the
unit holders for the purpose of approving a successor trustee. All unit holders
of record as of the record date for the special meeting will be sent a notice of
special meeting and proxy materials detailing the matters to be voted on at the
special meeting as well as the time and location of that meeting.

         San Juan Basin Royalty Trust is a grantor royalty trust, the principal
asset of which is a 75% net overriding royalty interest carved out of certain
oil and gas leasehold and royalty interests in the San Juan Basin located in San
Juan, Rio Arriba and Sandoval Counties of northwestern New Mexico. Certain of
those properties are operated by Burlington Resources Oil & Gas Company L.P.


Contact:          Kaye Wilke, Investor Relations, toll-free: (866) 809-4553
                  Website: www.sjbrt.com
                  e-mail: sjbrt@bankone.com
                  NYSE Ticker Symbol: SJT