Enduro Royalty Trust (NYSE: NDRO) (the “Trust”) announced today the pricing of a public offering by Enduro Resource Partners LLC (“Enduro”) of 11,200,000 trust units at a price of $13.85 per unit. Enduro also granted the underwriters a 30-day option to purchase up to an additional 1,680,000 trust units at the public offering price, less the underwriting discount. The offering is expected to close on October 2, 2013, subject to customary closing conditions. 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 and Wells Fargo Securities are serving as the joint book-running managers of this offering. RBC Capital Markets and Ladenburg Thalmann & Co. Inc. are serving as co-managers. 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 www.sec.gov. Copies of the prospectus supplement and accompanying prospectus for this offering may be obtained from the offices of: Barclaysc/o Broadridge Financial Solutions1155 Long Island AvenueEdgewood, New York 11717Phone: (888) 603-5847 firstname.lastname@example.org Citigroupc/o Broadridge Financial Solutions1155 Long Island AvenueEdgewood, New York 11717Phone: (800) 831-9146 email@example.com Goldman, Sachs & Co.Attn: Prospectus Department200 West StreetNew York, New York 10282Phone: (866) 471-2526 firstname.lastname@example.org J.P. MorganAttn: Broadridge Financial Solutions1155 Long Island AvenueEdgewood, New York 11717Phone: (866) 803-9204 Wells Fargo SecuritiesAttn: Equity Syndicate Department375 Park AvenueNew York, New York 10152Phone: (800) 316-5897 email@example.com 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.