CALGARY, ALBERTA--(Marketwire - March 18, 2011) - Freehold Royalties Ltd. (Freehold) (TSX:FRU) announced that it has filed today with Canadian securities administrators its audited consolidated financial statements for the year ended December 31, 2010 and related management's discussion and analysis, and its Annual Information Form (AIF), which includes the statement of reserves data and other oil and gas information as required under National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities. These documents are available on SEDAR (the System for Electronic Document Analysis and Retrieval): www.sedar.com and on Freehold's website: www.freeholdroyalties.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

Karen Taylor
Freehold Royalties Ltd.
Manager, Investor Relations and Corporate Secretary
403.221.0891 or Toll Free: 1.888.257.1873
ktaylor@rife.com
www.freeholdroyalties.com