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Adams Express Updates Top Ten Holdings and Sector Weightings
Adams Express Company


Baltimore, MD, 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.


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