DALLAS, June 20 /PRNewswire-FirstCall/ -- U.S. Trust, as Trustee of Tidelands Royalty Trust 'B' (OTC Bulletin Board: TIRTZ), today declared a quarterly cash distribution to the holders of its units of beneficial interest of $.629882 per unit, payable on July 15, 2008, to unit holders of record on June 30, 2008. Tidelands' distributions to unitholders are determined by royalties received up to the date the amount is declared. There is a delay of about three months between the month of production and the time of payment.



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     Contact:  Ron E. Hooper
               Senior Vice President
               U.S. Trust, Bank of America Private Wealth Management
               Toll Free - 800.985.0794

SOURCE U.S. Trust