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ROYAL GOLD INC Director's Dealing 2010

May 24, 2010

30473_dirs_2010-05-24_610707f6-e617-41c7-a776-a5553452664e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ROYAL GOLD INC (RGLD)
CIK: 0000085535
Period of Report: 2010-05-20

Reporting Person: GROSS KAREN (VP and Secretary)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-05-20 Common Stock M 3900 $17.38 Acquired 104418 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-05-20 Common Stock (right to buy ISO) $17.38 M 3900 Disposed 2014-11-10 Common Stock (3900) Direct

Footnotes

F1: Includes 34,000 shares of restricted stock that have not yet vested.