Article: Kenneth J. Dale Elected to Boards of Directors of Adams Express and Petroleum & Resources Corp.

BALTIMORE, Jan. 25 /PRNewswire-FirstCall/ -- The Adams Express Company and Petroleum & Resources Corporation today announced that Kenneth J. Dale has been named to the Boards of Directors, effective January 10, 2008.

Mr. Dale, 51, is Senior Vice President and Chief Financial Officer of The Associated Press. Prior to joining The AP in 2000, he was an investment banker at J.P. Morgan & Company, Inc. for 21 years, advising clients in the publishing, broadcast and entertainment industries on mergers and acquisitions and corporate finance transactions. Mr. Dale was based in London for the latter part of his time at J.P. Morgan, where he led the firm's European media team.






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