NDRO Enduro Royalty Trust Trust Units Representing Beneficial Interest IN The Trust

Enduro Royalty Trust (NYSE: NDRO) (the “Trust”) today announced a cash distribution to the holders of its units of beneficial interest of $0.040499 per unit, payable on April 13, 2018 to unitholders of record on March 29, 2018. The distribution primarily represents oil production during the month of December 2017 and natural gas production during November 2017.

The following table displays underlying oil and natural gas sales volumes and average received wellhead prices attributable to the current and prior month net profits interest calculations.

        Underlying Sales Volumes Average Price Oil     Natural Gas Oil   Natural Gas Bbls     Bbls/D Mcf     Mcf/D (per Bbl)   (per Mcf) Current Month 58,843 1,898 480,736   16,025 $ 55.79 $ 2.73 Prior Month 62,006 2,067 410,091 13,229 $ 53.29 $ 2.87  

Oil cash receipts for the properties underlying the Trust remained consistent with the prior month at $3.3 million. An increase in oil cash receipts as a result of a $2.50 per Bbl increase in the realized wellhead price was offset by reduced sales volumes during the period. Sales volumes declined due to payment timing differences, while the realized wellhead price increased as a result of a 2.3% increase in the NYMEX price to $58.10.

Natural gas cash receipts increased from $1.2 million in the prior distribution period to $1.3 million in the current month due to an increase in natural gas volumes, partially offset by a decrease in the realized natural gas price. Natural gas volumes increased primarily due to production volumes from four gross (0.4 net) wells in the Haynesville, which began production in September 2017. Enduro did not receive revenues for one of these wells until the current month and, as a result, prior month distribution calculations did not include the associated natural gas receipts or sales volumes with respect to this well. As a result, the current period includes all sales volumes from this well from the time it came online in September 2017 through November 2017. Sales volumes related to these 4 gross wells included in the current month distribution calculation were 6,065 Mcf/D. Excluding the additional months of production from the well described above, sales volumes associated with these 4 gross wells for November 2017 would have been 4,735 Mcf/D.

Total direct operating expenses, including lease operating expenses, production and ad valorem taxes, and gathering and transportation expenses, were $2.8 million, an increase of $0.1 million from the prior month. Capital expenditures for the current month distribution calculation were $33,000, or $0.1 million less than the prior month. Total direct operating expenses and capital expenditures relate to expenses incurred in January 2018.

About Enduro Royalty Trust

Enduro Royalty Trust is a Delaware statutory trust formed by Enduro Resource Partners to own a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain of Enduro Resource Partners’ properties in the states of Texas, Louisiana and New Mexico. As described in the Trust’s filings with the Securities and Exchange Commission, the amount of the periodic distributions is expected to fluctuate, depending on the proceeds received by the Trust as a result of actual production volumes, oil and gas prices, the amount and timing of capital expenditures, and the Trust’s administrative expenses, among other factors. Future distributions are expected to be made on a monthly basis. For additional information on the Trust, please visit www.enduroroyaltytrust.com.

Forward-Looking Statements and Cautionary Statements

This press release contains statements that are “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release, other than statements of historical facts, are “forward-looking statements” for purposes of these provisions. These forward-looking statements include the amount and date of any anticipated distribution to unitholders and expected expenses, including capital expenditures. The anticipated distribution is based, in large part, on the amount of cash received or expected to be received by the Trust from Enduro Resource Partners with respect to the relevant period. The amount of such cash received or expected to be received by the Trust (and its ability to pay distributions) has been and will be significantly and negatively affected by prevailing low commodity prices, which have declined significantly, could decline further and could remain low for an extended period of time. Other important factors that could cause actual results to differ materially include expenses of the Trust and reserves for anticipated future expenses. Statements made in this press release are qualified by the cautionary statements made in this press release. Neither Enduro Resource Partners nor the Trustee intends, and neither assumes any obligation, to update any of the statements included in this press release. An investment in units issued by Enduro Royalty Trust is subject to the risks described in the Trust’s filings with the SEC, including the risks described in the Trust’s Annual Report on Form 10-K for the year ended December 31, 2017, filed with the SEC on March 12, 2018. The Trust’s quarterly and other filed reports are or will be available over the Internet at the SEC’s website at http://www.sec.gov.

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Enduro Royalty TrustThe Bank of New York Mellon Trust Company, N.A., as TrusteeSarah Newell, 1-512-236-6555