SFF Santa FE Energy Tr

On July 5, 2007 unitholders of Santa Fe Energy Trust (NYSE:SFF) approved a proposal to extend the date by which the Trustee is required to use reasonable efforts to sell all of the net profits royalties held by the Trust from June 30, 2007 to November 30, 2007, and to extend certain related deadlines. A total of 3,236,179 units or 51.37% of the total units outstanding voted for approval of the proposal. Approximately 96.9% of the votes cast for or against the proposal, in person or by proxy, were cast for its approval. The Trust will be liquidated on or before February 15, 2008.