EXHIBIT 99.1

[NEWS RELEASE LETTERHEAD OF HUGOTON ROYALTY TRUST APPEARS HERE]

HUGOTON ROYALTY TRUST

DECLARES MAY CASH DISTRIBUTION

 Dallas, Texas, May 19, 2008 - U.S. Trust, Bank of America Private Wealth Management, as Trustee of the Hugoton Royalty Trust (NYSE - HGT), today declared a cash distribution to the holders of its units of beneficial interest of $0.303501 per unit, payable on June 13, 2008, to unitholders of record on May 30, 2008. The following table shows underlying gas sales and average prices attributable to the net overriding royalty payments made by XTO Energy Inc. (XTO Energy) to the Trust for both the current month and prior month distributions. Underlying gas sales volumes attributable to the current month distribution were primarily produced in March.

	Underlying Gas Sales Volumes (Mcf) (a)
		Total	Daily	Average Gas Price per Mcf
Current Month Distribution		2,449,000	79,000	$   8.42
Prior Month Distribution		2,276,000	78,000	$   7.66

(a)   Sales volumes are recorded in the month the trust receives the related net profits income.  Because of this, sales volumes may fluctuate from month to month based on the timing of cash receipts.

XTO Energy has advised the trustee that eleven wells are currently being drilled on the underlying properties and that it has deducted budgeted development costs of $3,750,000, production expense of $1,559,000 and overhead of $765,000 in determining the royalty payment to the Trust for the current month.

 For more information on the Trust, please visit our web site at www.hugotontrust.com.

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 Contacts: Nancy G. Willis Vice President Bank of America, N.A. (Toll Free) 877/228-5083 Louis G. Baldwin Executive Vice President & Chief Financial Officer XTO Energy, Inc. 817/870-2800