Adams Express Announces Issue Price of Shares for Year-End Distribution Payable December 28, 2009

Date: 
12/09/2009

BALTIMORE, MARYLAND – DECEMBER 9, 2009 – The price at which The Adams Express Company (NYSE:ADX) common stock will be issued in payment of the $0.30 year-end distribution, made up of $0.02 income dividend and $0.28 realized capital gains, to stockholders who have elected to receive the distribution in stock, payable December 28, 2009, is $9.84 per share. This price is the mean between today’s high and low sales prices of the Company’s stock on the New York Stock Exchange.

The Adams Express Company is a Baltimore-based closed-end investment company.

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For further information, please contact:

Douglas G. Ober, Chief Executive Officer and President
Lawrence L. Hooper, Jr., Vice President, General Counsel & Secretary
at (410) 752-5900 or (800) 638-2479

E-mail: contact@adamsexpress.com
Website: www.adamsexpress.com

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Adams Express Announces Issue Price of Shares for Year-End Distribution Payable December 28, 2009

Stock and Distribution

Nav & Stock Price Per Share
Net Asset Value: $ 12.30
Closing Price:

$ 10.39

Discount: -15.53%

This is the closing price from the NYSE on 3/10/2010.

annual Rate of Distribution
2009 5.2%
5-Year Average 6.3%

*The annual rate of distribution is the total dividends and capital gain distributions during the year divided by the average daily market price of the Company's Common Stock.