Exhibit (a)(4)




             [Published July 31, 2007 in Investor's Business Daily]

This  announcement  is neither an offer to buy nor a solicitation of an offer to
sell  Units.  The Offer is being  made  solely by the formal  Offer to  Purchase
forwarded  to Unit  holders of record and is not being made to, and tenders will
not be accepted from or on behalf of, Unit holders  residing in any jurisdiction
in which making or accepting the Offer would violate that  jurisdiction's  laws.
In those jurisdictions where the securities, Blue Sky, or other laws require the
Offer to be made by a licensed broker or dealer, the Offer shall be deemed to be
made on behalf of Purchasers  only by one or more  registered  dealers  licensed
under the laws of such jurisdiction.

                      NOTICE OF OFFER TO PURCHASE FOR CASH:

                 Up to 2,526,686 Units of Beneficial Interest of
                Kiewit Royalty Trust (the "Trust") at a price of
                                 $0.60 per Unit
                                       by:
         MPF Senior Note Program I, LP; Sutter Opportunity Fund 4, LLC;
         MPF DeWaay Premier Fund 3, LLC; MPF Flagship Fund 12, LLC; MPF
            Special Fund 8, LLC; MacKenzie Patterson Special Fund 6;
          MacKenzie Patterson Special Fund 6-A; Salvage Investors, LLC
                         (collectively the "Purchasers")

The  Purchasers  are  offering to  purchase  for cash Up to  2,526,686  Units of
Beneficial  Interest  ("Units") of the Trust,  at a price of $0.60 per Unit upon
the terms and  subject  to the  conditions  set  forth in  Purchasers'  Offer to
Purchase and in the related Letter of Transmittal  for the offer (which together
constitute the "Offer" and the "Tender Offer Documents").

THE  OFFERS  AND  WITHDRAWAL  RIGHTS  EXPIRE AT 11:59  P.M.,  PACIFIC  TIME,  ON
SEPTEMBER 14, 2007, UNLESS AN OFFER IS EXTENDED.

Funding for the purchase of the Units will be provided  through the  Purchasers'
existing working capital.  The Offer is not made for the purpose of acquiring or
influencing  control of the  business  of the  issuer.  The Offer will expire at
11:59 p.m., Pacific Time on September 14, 2007, unless and until Purchasers,  in
their  sole  discretion,  shall have  extended  the period of time for which the
Offer is open (such date and time,  as  extended  the  "Expiration  Date").  The
Purchasers  will  not  provide  a  subsequent   offering  period  following  the
Expiration Date. If Purchasers make a material change in the terms of the Offer,
or if they waive a material  condition to the Offer,  Purchasers will extend the
Offer and disseminate  additional  tender offer materials to the extent required
by Rules  14d-4(c) and 14d-6(d)  under the  Securities  Exchange Act of 1934, as
amended (the  "Exchange  Act").  The minimum  period during which the Offer must
remain open following any material change in the terms of the Offer,  other than
a change in price or a change in percentage of securities  sought or a change in
any  dealer's  soliciting  fee,  will  depend  upon the facts and  circumstances
including  the  materiality  of the change with respect to a change in price or,
subject to certain  limitations,  a change in the percentage of securities ought
or a change in any dealer's  soliciting fee. A minimum of ten business days from
the  date  of  such  change  is   generally   required  to  allow  for  adequate
dissemination  to Unit holders.  Accordingly,  if prior to the Expiration  Date,
Purchasers  increase  (other than  increases of not more than two percent of the
outstanding  Units) or decrease the number of Units being sought, or increase or
decrease the  consideration  offered  pursuant to the Offer, and if the Offer is
scheduled  to expire at any time  earlier  than the  period  ending on the tenth
business  day from the date that  notice of such  increase  or decrease is first
published,  sent or given to Unit  holders,  the Offer will be extended at least
until the  expiration of such ten business  days.  For purposes of the Offer,  a
"business  day" means any day other than a Saturday,  Sunday or federal  holiday
and consists of the time period from 12:01 a.m. through midnight,  Pacific Time.
In all cases payment for the Units purchased  pursuant to the Offer will be made
only after timely receipt of the Letters of Transmittal (or facsimiles thereof),
properly completed and duly executed,  with any required  signature  guarantees,
and any other documents required by such Letters of Transmittal.

Tenders of Units made  pursuant  to the Offer is  irrevocable,  except that Unit
holders  who tender  their Units in response to the Offer will have the right to
withdraw  their  tendered  Units at any time  prior  to the  Expiration  Date by
sending to MacKenzie  Patterson Fuller,  LP a written or facsimile  transmission
notice of withdrawal identifying the name of the person who tendered Units to be
withdrawn,  signed by the same  persons  and in the same manner as the Letter of
Transmittal tendering the Units to be withdrawn. In addition, tendered Units may
be withdrawn at any time on or after  September 29, 2007,  unless the tender has
theretofore  been  accepted for payment as provided  above.  If  tendering  Unit
holders  tender more than the number of Units that  Purchasers  seek to purchase
pursuant to the Offer for those  Units,  Purchasers  will take into  account the
number  of Units so  tendered  and take up and pay for as  nearly  as may be pro
rata, disregarding fractions,  according to the number of Units tendered by each
tendering  Unit holder  during the period  during which that Offer remains open.
The terms of the Offer are more  fully  set  forth in the  formal  Tender  Offer
Documents which are available from Purchasers at the  Purchasers'  expense.  The
Offer  contains  terms  and  conditions  and the  information  required  by Rule
14d-6(d)(1)  under the Exchange Act which are incorporated  herein by reference.
The Tender Offer Documents  contain  important  information which should be read
carefully before any decision is made with respect to the Offer.

The Tender Offer  Documents may be obtained by written  request to Purchasers or
as set forth below.  A request has been made to the Trust




pursuant  to Rule 14d-5 under the  Exchange  Act for the use of its list of Unit
holders  for the  purpose  of  disseminating  the  Offer to Unit  holders.  Upon
compliance by the Trust with such request,  the Tender Offer  Documents  and, if
required,  other relevant materials will be mailed at the Purchasers' expense to
record holders of Units,  brokers,  banks and similar persons whose names appear
or whose nominee appears on the list of securities  holders,  or persons who are
listed as participants in a clearing agency's  security  position  listing,  for
subsequent transmittal to beneficial owners of Units.

For Copies of the Tender Offer  Documents,  Call  Purchasers at  1-800-854-8357,
Make a Written  Request  Addressed  to 1640 School  Street,  Moraga,  California
94556, email to offers@mpfi.com,  or visit our website at www.mpfi.com (click on
MPF Tenders).

                                  July 31, 2007