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February 6, 2008

ADAMS EXPRESS COMPANY UPDATES TOP TEN HOLDINGS AND SECTOR WEIGHTINGS

BALTIMORE, MARYLAND -- FEBRUARY 6, 2008 - The Adams Express Company (NYSE:ADX) provides this update on portfolio holdings as of December 31, 2007. The Company will mail its 2007 Annual Report on or about February 19, 2008.

TOP TEN HOLDINGS

The ten largest portfolio holdings were:

 

Company % of Net Assets

Petroleum & Resources Corp.*

6.1%

General Electric

3.7%

Microsoft

3.1%

Schlumberger

2.7%

PepsiCo

2.2%

Bank of America

2.2%

American International Group

2.1%

State Street

1.9%

ConocoPhillips

1.9%

Pfizer

1.9%


27.8%

* Non-controlled affiliate

SECTOR WEIGHTINGS

The portfolio weightings for the major sectors that the Fund invests in were:

 

Consumer

17.4%

Industrials

14.9%

Energy

14.2%

Financials

14.1%

Information Technology

11.4%

Health Care

10.7%

Short-Term Investments

6.6%

Materials

5.2%

Utilities

3.8%

Telecom Services

1.5%


The Adams Express Company is a Baltimore-based closed-end investment company. It is traded on the New York Stock Exchange under the symbol ADX.

# # #

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

E-mail: contact@adamsexpress.com
Website: www.adamsexpress.com

For your convenience, all press releases are posted to our website. If you would like to receive future press releases by fax or e-mail, please let us know.

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