Adams Express Declares Dividend

Jan 08, 2009, 11:08 ET from The Adams Express Company

BALTIMORE, Jan. 8 /PRNewswire-FirstCall/ -- The Board of Directors of The Adams Express Company (NYSE: ADX) declared a dividend of $0.05 per share, payable March 1, 2009, to stockholders of record February 13, 2009, consisting of $0.02 investment income and $0.02 long-term capital gain, all realized in 2008, and $0.01 investment income realized in 2009.

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.

    For further information please contact:

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


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SOURCE The Adams Express Company