Adams Express Company Declares Dividend

Date: 
01/13/2011

BALTIMORE, MARYLAND – JANUARY 13, 2011 – The Board of Directors of The Adams Express Company (NYSE:ADX) declared a dividend of $0.05 per share, payable March 1, 2011, to stockholders of record February 11,  2011, consisting of $0.02 investment income, $0.01 short-term capital gain, and $0.01 long-term capital gain, all realized in 2010, and $0.01 investment income realized in 2011.

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

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For further information, please contact:

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

Adams Express Company Declares Dividend

Stock and Distribution

Nav & Stock Price Per Share
Net Asset Value: $ 11.86
Closing Price:

$ 10.28

Discount: -13.3%

This is the closing price from the NYSE on 05/17/2012.

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%.