BALTIMORE, MARYLAND -- March 26, 2003 - At its Annual Meeting in Chicago on March 25, Petroleum & Resources Corporation announced that the net realized capital gains for the Corporation as of March 21, 2003 were $0.10 per share.
Petroleum & Resources Corporation is a Baltimore-based closed-end investment company. It is traded on the New York Stock Exchange and Pacific Exchange, and its symbol is PEO.
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For further information, please contact:
Richard F. Koloski, President
Lawrence L. Hooper, Jr., Vice President, Secretary & General Counsel
(410) 752-5900 or (800) 638-2479
E-mail: contact@peteres.com
Website: www.peteres.com
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