BALTIMORE, Dec. 9 /PRNewswire-FirstCall/ -- The price at which The Adams Express Company 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.
For further information please contact: Douglas G. Ober, Chairman, Chief Executive Officer and President Lawrence L. Hooper, Jr., Vice President, General Counsel & Secretary (410) 752-5900 or (800) 638-2479 email: contact@adamsexpress.com website: http://www.adamsexpress.com/
Adams Express Company
CONTACT: Douglas G. Ober, Chairman, Chief Executive Officer and
President, or Lawrence L. Hooper, Jr., Vice President, General Counsel &
Secretary, both of Adams Express Company, +1-410-752-5900, 1-800-638-2479, or
contact@adamsexpress.com
Web Site: http://www.adamsexpress.com/