Royal Gold, Inc. (NASDAQ:RGLD)(TSX:RGL), today announced that its Board of Directors has declared its second quarter dividend of US$0.20 per share of common stock. The dividend is payable on April 19, 2013 to shareholders of record at the close of business on April 5, 2013. The quarterly dividend of US$0.20 is also payable to holders of exchangeable shares of RG Exchangeco. This dividend is designated as an "eligible dividend" for Canadian tax purposes.

Royal Gold is a precious metals royalty company engaged in the acquisition and management of precious metals royalties and similar interests. The Company owns interests on 206 properties on six continents, including interests on 39 producing mines and 28 development stage projects. 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 website is located at www.royalgold.com.

Royal Gold
Karen Gross, 303-575-6504
Vice President and Corporate Secretary