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Press release content from Business Wire. The AP news staff was not involved in its creation.

Texas Pacific Land Trust Sends Letter Requesting Explanations from Dissident Nominee Eric Oliver

May 16, 2019

DALLAS--(BUSINESS WIRE)--May 16, 2019--

Texas Pacific Land Trust (NYSE:TPL) (“TPL” or the “Trust”) today sent a letter to dissident nominee Eric L. Oliver, requesting certain information about Mr. Oliver’s background, interests and potential conflicts of interests to address serious concerns about his candidacy.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190516006072/en/

The Trust asks Mr. Oliver to reconsider his refusal to complete the standard candidate questionnaire in order to give shareholders the opportunity to make a fully-informed decision in advance of the special meeting to elect TPL’s next Trustee. In the letter, the Trust requests a response from Mr. Oliver by 5:00 pm Central Time on May 20, 2019.

The letter to Mr. Oliver follows:

View source version on businesswire.com:https://www.businesswire.com/news/home/20190516006072/en/

CONTACT: Media:

Abernathy MacGregor

Sydney Isaacs / Jeremy Jacobs

(713) 343-0427 / (212) 371-5999

sri@abmac.com/jrj@abmac.com

Investor Relations:

MacKenzie Partners

Paul Schulman / David Whissel

(212) 929-5500 or (800) 322-2885

pschulman@mackenziepartners.com

KEYWORD: UNITED STATES NORTH AMERICA TEXAS

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: Texas Pacific Land Trust

Copyright Business Wire 2019.

PUB: 05/16/2019 04:32 PM/DISC: 05/16/2019 04:32 PM

http://www.businesswire.com/news/home/20190516006072/en