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Petroleum & Resources Corporation

    Seven St. Paul Street
Suite 1140
Baltimore, MD 21202


An internally-managed closed-end equity investment company since 1929, and a non-controlled affiliate of Adams Express, with which it shares investment professionals and administrative personnel, Petroleum & Resources is the only closed-end fund specializing in oil and gas and other natural resource stocks. With approximately 80 stocks in the portfolio, the major sectors of the energy and natural resource fields are represented in the fund. The fund?s objectives are preservation of capital, reasonable income, and opportunity for capital gain.

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