Adams Express Stock Goes Ex-Dividend November 16

Date: 
11/16/2007

BALTIMORE, MARYLAND, November 16, 2007 -- Today the Company's stock began trading ex-dividend (those purchasing shares today will not receive the year-end distribution) and opened on the NYSE minus $0.88 from last night's closing price of $14.34 to adjust for the distribution payable December 27, 2007, to stockholders of record November 20, 2007. For further details, please review the Company's press release dated November 8, 2007 - Link

Adams Express is a Baltimore-based closed-end investment company. Its stock is traded on the New York Stock Exchange under the ticker symbol ADX.

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For further information, please contact:

Joseph M. Truta, President
Lawrence L. Hooper, Jr., Vice President, General Counsel & Secretary
(410) 752-5900 or (800) 638-2479

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

For your convenience, all Press Releases are posted to our website. If you would like to receive future Press Releases by fax or e-mail, please let us know.

Adams Express Stock Goes Ex-Dividend November 16

Stock and Distribution

Nav & Stock Price Per Share
Net Asset Value: $ 12.51
Closing Price:

$ 10.68

Discount: -14.6%

This is the closing price from the NYSE on 02/03/2012.

annual DISTRIBUTION Rate
2011 6.1%
5-Year Average 5.8%

The annual distribution rate is the total dividends and capital gain distributions during the year divided by the average month-end market price of the Company's Common Stock for the calendar year in years prior to 2011 and for the 12 months ended October 31 in 2011.  As of September 8, 2011, the Board of Directors committed to an annual distribution rate of at least 6%.