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Press release from Marketwire

Freehold Royalties Ltd. Declares Dividend for May 15, 2013

Tuesday, April 09, 2013

Freehold Royalties Ltd. Declares Dividend for May 15, 2013

16:13 EDT Tuesday, April 09, 2013

CALGARY, ALBERTA--(Marketwired - April 9, 2013) - Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.14 per common share to be paid on May 15, 2013 to shareholders of record on April 30, 2013. Including the May 15, 2013 payment, the twelve-month trailing cash dividends total Cdn. $1.68 per common share.

These dividends are designated as "eligible dividends" for Canadian income tax purposes.

Freehold's primary focus is on acquiring and managing oil and gas royalties. The majority of production comes from royalty interests (mineral title and gross overriding royalties). Freehold's common shares trade on the Toronto Stock Exchange in Canada under the symbol FRU.

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact Information:
Freehold Royalties Ltd.
Karen Taylor
Manager, Investor Relations and Corporate Secretary
403.221.0891 or Toll Free: 1.888.257.1873
403.221.0888 (FAX)
ktaylor@rife.com
www.freeholdroyalties.com

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