Royal Gold Raises Common Stock Dividend to $0.28 Per Share

    DENVER, Nov. 14 /CNW/ -- ROYAL GOLD, INC. (Nasdaq: RGLD; TSX: RGL), the
leading publicly-traded precious metals royalty company, today announced that
its Board of Directors increased the Company's annual dividend for its shares
of common stock from $0.26 to $0.28, payable on a quarterly basis of $0.07 per
share.  Royal Gold has steadily increased its annual dividend since it first
issued a $0.05 annual payment for calendar year 2000.
    The Board also declared the dividend of $0.07 per share will be payable
on January 18, 2008, to shareholders of record at the close of business on
January 4, 2008.
    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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