Royal Gold Announces Fourth Quarter Dividend

    DENVER, Sept. 17 /CNW/ -- ROYAL GOLD, INC. (Nasdaq:   RGLD; TSX: RGL), the
leading precious metals royalty company, today announced that its Board of
Directors has declared its fourth quarter dividend of $0.07 per share of
common stock. The dividend is payable on October 17, 2008 to shareholders of
record at the close of business on October 3, 2008. 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
    Royal Gold, Inc.

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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