X0306 4 2012-07-23 0 0000002230 ADAMS EXPRESS CO ADX 0001202949 OBER DOUGLAS G 7 ST PAUL STREET STE 1140 BALTIMORE MD 21202 1 1 0 0 Chairman and CEO Common Stock 2012-07-23 4 S 0 2500 10.619 D 149360.4297 D Of these shares, 44,420.215 are held by the undersigned directly and include 188.81 shares that were acquired in exempt treansactions as a result of dividend reinvestment from January 1, 2012 to July 23, 2012. In addition, 104,940.2147 of these shares are held indirectly by the undersigned by the Issuer's Thrift Plan Trust and represent the undersigned's proportionate beneficial interest in such stock held in the Trust. Such number is based on information as of July 23, 2012. This number reflects periodic contributions made during 2012, shares acquired by the Trustee through dividend reinvestment in 2012, and changes in the number of shares previously reported due to fluctuations in the market price and interest in the Trust. The Issuer's stock traded in a range of $9.79 - $11.11 during the period. Douglas G. Ober 2012-07-24