The Adams Express Company Announces Issue Price of Shares for Year-End Distribution Payable December 27, 2008

BALTIMORE, Dec. 8 /PRNewswire-FirstCall/ -- The price at which The Adams Express Company (NYSE: ADX) common stock will be issued in payment of the $0.13 income dividend and $0.36 capital gain distribution to stockholders who have elected to receive the distributions in stock, payable December 27, 2008, is $8.01 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.

    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


SOURCE The Adams Express Company


More by this Source

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.


PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.