Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing
Standard; Transfer of Listing.
As disclosed by LL&E Royalty Trust (the "Trust") in its press release issued April 21, 2009 and its Notification of Late Filing on Form 12b-25 filed with the Securities and Exchange Commission on April 1, 2009, the Trust was not able to file its Annual Report on Form 10-K for the year ended December 31, 2008 (the "2008 Form 10-K") in a timely manner.
The Bank of New York Mellon Trust Company, N.A., the Trustee of the Trust, has informed the New York Stock Exchange, Inc. (the "NYSE") that the Trust was unable to file its 2008 Form 10-K timely pursuant to Section 203.01 (Reporting Financial Information to Shareholders) of the NYSE's Listed Company Manual. On April 17, 2009 the Trust received a letter from the NYSE regarding the procedures to which the Trust is subject under Section 802.01E (SEC Annual Report Timely Filing Criteria) of the NYSE's Listed Company Manual. The Trustee is continuing work to complete the Form 10-K. The Trust intends to file the 2008 Form 10-K as soon as all necessary work has been completed.
The press release attached as Exhibit 99.1 is not "filed" for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended, is not subject to the liabilities of that section and is not deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, but is instead furnished for purposes of that instruction. Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.

Exhibit 99.1 LL&E Royalty Trust Press Release dated April 21, 2009.

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