The Trustees of North European Oil Royalty Trust Announce the Appointment of Rosalie J. Wolf as Trustee

Apr 25, 2001, 01:00 ET from North European Oil Royalty Trust

    RED BANK, N.J., April 25 /PRNewswire/ -- The Trustees of North European
 Oil Royalty Trust (NYSE:   NET) are pleased to announce the appointment of
 Rosalie J. Wolf as a Trustee for the Trust.  Ms. Wolf was chosen from a
 particularly strong field of candidates and has been appointed as successor to
 Robert J. Castle, who had served as a Trustee from 1975 until his resignation
 late last year.
     Ms. Wolf has recently joined the firm of Laurel Management Company L.L.C.
 as Managing Director where she assumes primary responsibility for the
 development of a series of private equity funds of funds for Laurel.
 Previously she served as Treasurer and Chief Investment Officer of the
 Rockefeller Foundation.  Ms. Wolf began her business career with Mobil Oil
 Corporation serving during a 15-year period in a variety of domestic and
 international positions including Assistant Treasurer.  Mobil Oil Corporation
 recently merged with Exxon Corporation and the German subsidiary of Exxon
 Mobil is one of two primary operating companies in the Oldenburg concession.
 The Trust's overriding royalty covering the Oldenburg concession provides over
 99% of the royalties received by the Trust.  Her experience at Mobil along
 with her financial and investment experience will be of significant benefit to
 her and her fellow Trustees in the performance of her new duties as Trustee
 for North European Oil Royalty Trust.
     Ms. Wolf is also a member of the Board of Directors (Trustees) of the
 following entities: Airborne Express, TIAA-CREF and the Sanford C. Bernstein
 Fund, Inc.
 
     Contact -- John H. Van Kirk, Managing Trustee of North European Oil
 Royalty Trust, or John R. Van Kirk, Managing Director, at (732) 741-4008.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X15936388
 
 

SOURCE North European Oil Royalty Trust
    RED BANK, N.J., April 25 /PRNewswire/ -- The Trustees of North European
 Oil Royalty Trust (NYSE:   NET) are pleased to announce the appointment of
 Rosalie J. Wolf as a Trustee for the Trust.  Ms. Wolf was chosen from a
 particularly strong field of candidates and has been appointed as successor to
 Robert J. Castle, who had served as a Trustee from 1975 until his resignation
 late last year.
     Ms. Wolf has recently joined the firm of Laurel Management Company L.L.C.
 as Managing Director where she assumes primary responsibility for the
 development of a series of private equity funds of funds for Laurel.
 Previously she served as Treasurer and Chief Investment Officer of the
 Rockefeller Foundation.  Ms. Wolf began her business career with Mobil Oil
 Corporation serving during a 15-year period in a variety of domestic and
 international positions including Assistant Treasurer.  Mobil Oil Corporation
 recently merged with Exxon Corporation and the German subsidiary of Exxon
 Mobil is one of two primary operating companies in the Oldenburg concession.
 The Trust's overriding royalty covering the Oldenburg concession provides over
 99% of the royalties received by the Trust.  Her experience at Mobil along
 with her financial and investment experience will be of significant benefit to
 her and her fellow Trustees in the performance of her new duties as Trustee
 for North European Oil Royalty Trust.
     Ms. Wolf is also a member of the Board of Directors (Trustees) of the
 following entities: Airborne Express, TIAA-CREF and the Sanford C. Bernstein
 Fund, Inc.
 
     Contact -- John H. Van Kirk, Managing Trustee of North European Oil
 Royalty Trust, or John R. Van Kirk, Managing Director, at (732) 741-4008.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X15936388
 
 SOURCE  North European Oil Royalty Trust