| LL&E Royalty Trust (the Trust) was created pursuant to a Trust Agreement between The Louisiana Land and Exploration Company and First City National Bank of Houston. The Bank of New York Mellon Trust Company, N.A. serves as Trustee. The Trust is passive, with the Trustee, having only such powers as are necessary for collection and distribution of the revenues resulting from the Royalties, the payment of Trust liabilities and the conservation, protection and sale of the Trust estate. |