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Adams Express Declares Year-End Distribution
Adams Express Company


Baltimore, MD, November 10, 2005 -- The Board of Directors of The Adams Express Company (NYSE: ADX) declared today a year-end distribution of $0.71 per share, consisting of the following:

1) a capital gain distribution of $0.63 per share, representing the undistributed net capital gain realized during 2005, of which $0.55 was long-term and $0.08 was short-term; and
2) an income dividend of $0.08 per share, representing the undistributed net investment income for 2005.

Both payments are payable in stock or cash at the option of each stockholder. The payable date for the distribution is December 27, 2005, the record date is November 22, 2005, and the ex-dividend date is November 18, 2005.

Distributions in 2005 made prior to today’s announcement were $0.15 per share, consisting of $0.14 from investment income and $0.01 from short-term capital gain. Accordingly, total distributions by the Company for 2005 will be $0.86. The Company paid total distributions of $0.24 in dividends and $0.66 in capital gains in 2004.

Adams Express is a Baltimore-based closed-end investment company. It is traded on the New York Stock Exchange and Pacific Exchange, and its symbol is ADX.


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