Webcast Alert: Adams Express Co. & Petroleum & Resources Corp. Presentation at Informed Investors Closed End Fund On-line Forum to be Webcast on Thursday, December 8, 2005, 9:30 am ET

Business Wire, Nov 30, 2005

BALTIMORE -- Adams Express Co. (NYSE: ADX) and Petroleum & Resources Corp. (NYSE: PEO) will present at the following forum:

What: Adams Express Co. (NYSE: ADX) and Petroleum & Resources Corp. (NYSE: PEO) will give a presentation at Informed Investors Closed End Fund On-line Forum.

Sponsor: The Closed End Fund Association

When: December 8, 2005 @ 9:30 AM Eastern Time

Where: http://www.investorcalendar.com/IIF/IIF_Forum.asp?ForumID=89505

How: Live over the Internet--Simply log on to the web at the address above.

Contact: Geraldine Pare, Investor Relations, (410)752-5900, Pare@adamsexpress.com

If you are unable to attend the live event, the forum will be available via webcast at http://www.investorcalendar.com/IIF/IIF_Forum.asp?ForumID=89505

About Adams Express Company

The Adams Express Company is a diversified equity investment company with a conservative investment philosophy suitable as a core holding for long-term investors. Structured as a closed-end fund since 1929, our investment objectives are preservation of capital, the attainment of reasonable income from investments, and an opportunity for capital appreciation. We have paid dividends every year for the last 69 years. Find out more at www.adamsexpress.com

About Petroleum & Resources Corporation

Trading on the New York Stock Exchange since January 1929, Petroleum & Resources is a conservative equity investment company specializing in energy and natural resources companies. The fund may be suitable for investors who seek a broadly diversified exposure to the energy sector. Our investment objectives are preservation of capital, attainment of reasonable income, and an opportunity for capital appreciation. Find out more at www.peteres.com