TIDELANDS ROYALTY TRUST 'B'
ANNOUNCES FOURTH QUARTER CASH DISTRIBUTION

DALLAS, Texas, December 20, 2013 - Tidelands Royalty Trust "B" (OTC BB: TIRTZ) ("Tidelands") today declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.110623 per unit, payable on January 14, 2014, to unitholders of record on December 31, 2013. Tidelands' cash distribution history, current and prior year financial reports and tax information, a link to filings made with the Securities and Exchange Commission, and more can be found on its website at http://www.tirtz-tidelandsroyaltytrust.com/.

The distribution this quarter increased to $0.110623 per unit from $0.084767 per unit last quarter. Royalties received this quarter as compared to the last quarter increased due to increased oil and natural gas production and increased oil prices; natural gas prices remained virtually unchanged.

Tidelands' distributions to unitholders are determined by royalties received up to the date the distribution amount is declared. In general, Tidelands receives royalties two months after oil production and three months after natural gas production.