Brigham Minerals, Inc. Announces Pricing of Public Offering of Common Stock

Brigham Minerals, Inc. (NYSE: MNRL) (“Brigham Minerals” or the “Company”) today announced the pricing of an underwritten public offering of 11,000,000 shares of its Class A common stock (“common stock”) at a price to the public of $18.10 per share. The Company is offering 6,000,000 shares of its common stock, and the selling stockholders named in the registration statement on Form S-1 (the “registration statement”) previously filed with the Securities and Exchange Commission (the “SEC”), which are affiliates of Warburg Pincus LLC, Yorktown Partners LLC and Pine Brook Road Advisors, LP, are offering 5,000,000 shares of Brigham Minerals’ common stock. The selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,650,000 shares of Brigham Minerals’ common stock. Brigham Minerals’ common stock is traded on the New York Stock Exchange under the ticker symbol “MNRL.” The offering is expected to close on December 16, 2019, subject to customary closing conditions.

Brigham Minerals intends to use the net proceeds it receives from the offering to repay outstanding indebtedness under the Company’s credit facility and to fund future acquisitions of mineral and royalty interests. Brigham Minerals will not receive any of the proceeds from the sale of shares of its common stock held by the selling stockholders.

Credit Suisse Securities (USA) LLC, Goldman Sachs & Co. LLC and RBC Capital Markets, LLC acted as lead book-running managers for the offering.

This offering is being made only by means of a prospectus that meets the requirements of Section 10 of the Securities Act of 1933, as amended. A copy of the preliminary prospectus may be obtained from:

Credit Suisse Securities (USA) LLC		Goldman Sachs & Co. LLC		RBC Capital Markets, LLC
Attention: Prospectus Department		Attention: Prospectus Department		Attention: Equity Capital Markets
Eleven Madison Avenue, 3rd floor		200 West Street		200 Vesey Street, 8th floor
New York, NY 10010		New York, NY 10282		New York, NY 10281
Telephone: [phone]