Eastern American Natural Gas Trust Announces Agreement for Sale of Royalty NPI

  Eastern American Natural Gas Trust Announces Agreement for Sale of Royalty
  NPI

Business Wire

AUSTIN, Texas -- October 25, 2012

Eastern American Natural Gas Trust (the "Trust") (NYSE: NGT) announced today
that it has entered into a definitive agreement to sell its Royalty NPI
interest to Softvest, LP for $6.5 million, subject to reduction for certain
potential matters in accordance with the terms of the agreement.

As previously disclosed, The Bank of New York Mellon Trust Company, N.A., as
Trustee of the Trust (the "Trustee") is required by the terms of the Trust
Agreement to cause the sale of the Royalty NPI. The Trustee engaged EnergyNet
to market the Royalty NPI and conduct an auction, and Softvest was the winning
bidder.

Pursuant to the Trust Agreement, Energy Corporation of America ("ECA") holds a
right of first refusal to purchase the Royalty NPI on the same terms offered
by Softvest. Under certain circumstances the Trust may be required to
reimburse Softvest for up to $25,000 of expenses if ECA exercises its right of
first refusal.

Eastern American Natural Gas Trust is a grantor trust, which holds net profit
interests in approximately 600 producing gas wells located in West Virginia
and Pennsylvania.

This press release may contain statements that are "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. All statements contained in this press release, other than statements
of historical facts, are "forward-looking statements" for purposes of these
provisions. An investment in Units issued by Eastern American Natural Gas
Trust is subject to the risks described in the Trust's Annual Report on Form
10-K for the year ended December 31, 2011, and all of its other filings with
the Securities and Exchange Commission. The Trust's annual, quarterly and
other filed reports are available over the Internet at the SEC's web site at
http://www.sec.gov.

Contact:

Eastern American Natural Gas Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Mike Ulrich, 1-800-852-1422
 
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