X0202 5 2006-12-31 0 0 1 0000002230 ADAMS EXPRESS CO ADX 0001267416 MCGAHRAN KATHLEEN T 7 ST. PAUL STREET SUITE 1140 BALTIMORE MD 21202 1 0 0 0 Common Stock 2006-01-04 4 A 0 L 255 12.74 A 1808 D Common Stock 2006-04-06 4 A 0 L 243.08 13.37 A 2051 D Common Stock 2006-04-27 4 M 0 L 798 A 3296 D Common Stock 2006-07-03 4 A 0 L 250.77 12.96 A 3547 D Common Stock 2006-10-02 4 A 0 L 240.83 13.5 A 5158 D Restricted Stock Units 2006-04-27 4 M 0 L 750 D Common Stock 750 0 D Represents deferred stock units received in lieu of director retainer fees at the election of the reporting person. Each deferred stock unit represents the right to receive one share of common stock. Represents shares of common stock received upon vesting of 750 restricted stock units granted on April 27, 2005 and 48 additional shares received as dividend equivalent rights accrued on such units. Includes shares of common stock that will be issued upon settlement of restricted stock units (including 750 restricted stock units granted on March 28, 2006) and deferred stock units. Also includes 60.01 additional shares received as dividend equivalent rights accrued on deferred stock units and 200.388 shares acquired through the registrant's dividend reinvestment plan. N/A. The restricted stock units vested on April 27, 2006. Kathleen T. McGahran 2007-01-24