Gulf Coast Ultra Deep Royalty Trust Announces Quarterly Cash Distribution

Gulf Coast Ultra Deep Royalty Trust (OTC Pink: GULTU) (the Trust)
announced today that it will distribute to unitholders a cash
distribution totaling $262,027 for the quarter ended March 31, 2018.

Unitholders of record on April 30, 2018 will receive a cash distribution
of $0.001138 per unit payable on May 14, 2018.

Natural gas (Mcf) sales volumes, average sales price and net cash
proceeds available for distribution for the quarter ended March 31, 2018
are set forth in the table below:

(a) Attributable to the onshore Highlander subject interest which is the
only subject interest with commercial production.

About Gulf Coast Ultra Deep Royalty Trust. The Trust is a
Delaware statutory trust created to hold a 5% gross overriding royalty
interest in future production from each of the Inboard Lower
Tertiary/Cretaceous exploration prospects of McMoRan Oil & Gas LLC
located in the shallow waters of the Gulf of Mexico and onshore in South
Louisiana that existed as of December 5, 2012. The subject interests and
the Trust’s overriding royalty interests are described in the Trust’s
filings with the Securities and Exchange Commission (SEC). As described
in the Trust’s filings with the SEC, future distributions are not
guaranteed and will depend on the proceeds received by the Trust as a
result of actual production volumes, oil and gas prices, post-production
costs and specified taxes, and the amount and timing of the Trust’s
administrative expenses, among other factors. For additional information
on the Trust, please visit http://gultu.investorhq.businesswire.com.

Cautionary Statement Regarding Forward-Looking Information. This
press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E
of the Securities Exchange Act of 1934, as amended. Forward-looking
statements are all statements other than statements of historical facts,
such as any statements regarding the amount and date of quarterly
distributions to unitholders. Forward-looking statements are not
guarantees or assurances of future performance and actual results may
differ materially from those anticipated, projected or assumed in the
forward-looking statements. Important factors that may cause actual
results to differ materially from those anticipated by the
forward-looking statements include, but are not limited to, the amount
of cash received or expected to be received by the Trustee from the
underlying properties on or prior to a record date for a quarterly cash
distribution. Any differences in actual cash receipts by the Trust could
affect the amount of quarterly cash distributions. Other important
factors that may cause actual results to differ materially include risks
inherent in production of oil and gas properties, the ability of
commodity purchasers to make payment, and other risk factors described
in the Trust’s Annual Report on Form 10-K for the year ended
December 31, 2017, filed with the SEC. The Trust's annual, quarterly and
other filed reports are or will be available over the Internet at the
SEC's website at http://www.sec.gov.
Statements made in this press release are qualified by the cautionary
statements made in this press release. The Trust cautions investors that
it does not intend, and assumes no obligation, to update any of the
statements included in this press release.

The Bank of New York Mellon Trust Company, N.A. serves as trustee of the
Trust. If you have any questions related to the Trust, please see below
for contact information:

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