Royal Gold Announces Fourth Quarter Dividend

    DENVER, Aug. 30 /CNW/ -- Royal Gold, Inc. (Nasdaq:   RGLD; TSX: RGL), the
leading publicly-traded precious metals royalty company, today announced that
its Board of Directors has declared its third quarter dividend of $0.065 per
share of common stock.  The dividend is payable on October 19, 2007 to
shareholders of record at the close of business on October 5, 2007.  The
Company has paid dividends since 2000.
    Royal Gold is a precious metals royalty company engaging in the
acquisition and management of precious metal royalty interests.  Royal Gold is
publicly traded on the NASDAQ Global Select Market under the symbol "RGLD,"
and on the Toronto Stock Exchange under the symbol "RGL."  The Company's web
page is located at

For further information:

For further information: Karen Gross, Vice President & Corporate
Secretary  of Royal Gold, Inc., +1-303-573-1660 Web Site:

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