Annual meeting elects all five trustees, approves advisory compensation

NORTH EUROPEAN OIL ROYALTY TRUST

Nancy J. Floyd Prue elected with 1,607,795 for, 207,369 withheld.
Andrew S. Borodach elected with 1,557,415 for, 257,749 withheld.
Ahron H. Haspel elected with 1,674,277 for, 140,887 withheld.
Non-binding advisory vote on managing director compensation passed: 1,457,103 for, 293,090 against, 64,971 abstain.
Total units represented at meeting: 1,815,164.

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