NORTH EUROPEAN OIL ROYALTY TRUST
COST DEPLETION PERCENTAGES FOR EACH CALENDAR YEAR

2016 10.2769%
2015 10.2093%
2014 11.1875%
2013 10.6104%
2012 09.9096%
2011 09.5073%
2010 08.1743%
2009 08.4869%
2008 08.1211%
2007 08.5046%
2006 09.0126%
200508.6660%
200408.7247%
200309.4652%
200209.4311%
200109.2385%
200008.5794%
199909.6830%
199809.0390%
199709.0560%
199607.8910%
199509.3430%
199408.0370%
199308.8030%
199208.8190%
199109.3330%
199008.9190%
198910.4460%
198808.7210%
198710.5720%
198608.4460%
198509.5750%
198406.4370%
198307.7940%
198208.1990%
198107.4240%
198007.3580%
197907.0130%
197807.5760%
197706.3110%
197606.3550%
197500.8230%