The year-end capital gain distribution and income dividend, payable December 27, 2007, to stockholders of record as of November 20, 2007, is $0.88 per share and consists of the following:

1) a capital gain distribution of $0.70 per share, representing the undistributed net capital gain realized during 2007, of which $0.63 was long-term and $0.07 was short-term; and

2) an income dividend of $0.18 per share, representing the undistributed net investment income for 2007.

Both payments are payable in stock or cash at the option of each stockholder. The payable date for the distribution is December 27, 2007, the record date is November 20, 2007, and the ex-dividend date is November 16, 2007.

Total distributions by the Company for 2007 will be $1.03, including distributions made prior to today's announcement of $0.15 per share, consisting of $0.14 from investment income and $0.01 from short-term capital gain. For comparison, the Company paid total distributions of $0.90 in 2006, consisting of $0.23 in dividends and $0.67 in capital gains.

The price at which The Adams Express Company (NYSE:ADX) common stock will be issued in payment of the $0.18 income dividend and $0.70 capital gain distribution to stockholders who have elected to receive the distributions in stock, payable December 27, 2007, is $13.945 per share.

Download the Important Notice for further details on the year-end distribution and your options for receiving the distribution.

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