ROYAL GOLD INC — Director's Dealing 2003

Aug 26, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ROYAL GOLD INC (RGLD)
CIK: 0000085535
Period of Report: 2003-08-21

Reporting Person: BAKER DONALD J (V.P. Corporate Development)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-08-21	Common stock, $.01 par value	S	1700	$23.06	Disposed	40194	Direct
2003-08-21	Common stock, $.01 par value	S	200	$23.07	Disposed	39994	Direct
2003-08-21	Common stock, $.01 par value	S	200	$23.09	Disposed	39794	Direct
2003-08-21	Common stock, $.01 par value	S	700	$23.1	Disposed	39094	Direct
2003-08-21	Common stock, $.01 par value	S	1200	$23.11	Disposed	37894	Direct
2003-08-21	Common stock, $.01 par value	S	200	$23.17	Disposed	37694	Direct
2003-08-21	Common stock, $.01 par value	S	6204	$23.18	Disposed	31490	Direct
2003-08-21	Common stock, $.01 par value	S	2300	$23.19	Disposed	29190	Direct
2003-08-21	Common stock, $.01 par value	S	600	$23.2	Disposed	28590	Direct
2003-08-21	Common stock, $.01 par value	S	500	$23.23	Disposed	28090	Direct
2003-08-21	Common stock, $.01 par value	S	200	$23.24	Disposed	27890	Direct
2003-08-21	Common stock, $.01 par value	S	100	$23.26	Disposed	27790	Direct
2003-08-21	Common stock, $.01 par value	S	800	$23.28	Disposed	26990	Direct
2003-08-21	Common stock, $.01 par value	S	3600	$23.3	Disposed	23390	Direct
2003-08-21	Common stock, $.01 par value	S	200	$23.32	Disposed	23190	Direct
2003-08-21	Common stock, $.01 par value	S	1300	$23.36	Disposed	21890	Direct
2003-08-21	Common stock, $.01 par value	S	1100	$23.37	Disposed	20790	Direct
2003-08-21	Common stock, $.01 par value	S	400	$23.38	Disposed	20390	Direct
2003-08-21	Common stock, $.01 par value	S	100	$23.42	Disposed	20290	Direct
2003-08-21	Common stock, $.01 par value	S	1200	$23.43	Disposed	19090	Direct
2003-08-21	Common stock, $.01 par value	S	1900	$23.44	Disposed	17190	Direct
2003-08-21	Common stock, $.01 par value	S	300	$23.45	Disposed	16890	Direct
2003-08-21	Common stock, $.01 par value	S	100	$23.46	Disposed	16790	Direct
2003-08-21	Common stock, $.01 par value	S	400	$23.48	Disposed	16390	Direct
2003-08-21	Common stock, $.01 par value	S	700	$23.49	Disposed	15690	Direct
2003-08-21	Common stock, $.01 par value	S	2700	$23.5	Disposed	12990	Direct
2003-08-21	Common stock, $.01 par value	S	300	$23.51	Disposed	12690	Direct
2003-08-21	Common stock, $.01 par value	S	1500	$23.53	Disposed	11190	Direct
2003-08-21	Common stock, $.01 par value	S	100	$23.56	Disposed	11090	Direct