BALTIMORE, MARYLAND, July 19, 2018 — The Board of Directors of Adams Natural Resources Fund, Inc. (NYSE:PEO) today declared a distribution of $.10 per share from net investment income payable August 31, 2018, to shareholders of record August 17, 2018.  This represents the third payment this year toward the Fund’s annual 6% minimum distribution rate commitment.  In 2017, the Fund paid out distributions at an annual rate of 6.1%.  Details regarding the Fund’s annual 6% minimum distribution rate commitment can be found at www.adamsfunds.com.

FIRST-HALF PERFORMANCE

For the six months ended June 30th, the total return on Adams Natural Resources’ net asset value, with dividends and capital gains reinvested, was 3.3%. Comparable figures for the period were 0.9% for the Lipper Global Natural Resources Funds Average and 5.6% for the Fund’s benchmark, which is comprised of the Dow Jones U.S. Oil & Gas Index (80% weight) and the Dow Jones U.S. Basic Materials Index (20% weight). The total return on the market price of the Fund’s shares was 2.3%.

For the twelve months ended June 30th, the total return on Adams Natural Resources’ net asset value, with dividends and capital gains reinvested, was 17.4%.  Comparable figures for the period were 16.7% for the Lipper Global Natural Resources Funds Average and 20.3% for the Fund’s benchmark.  The total return on the market price of the Fund’s shares for the period was 14.3%.

NET ASSET VALUE

6/30/2018 6/30/2017
Net assets $689,145,570 $614,725,670
Shares outstanding 28,995,695 28,551,049
Net asset value per share $23.77 $21.53

The Semi-Annual Report to Shareholders is expected to be released on or about July 27, 2018.

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Since 1929, Adams Funds have consistently helped generations of investors reach their investment goals. Adams Funds is comprised of two closed-end funds, Adams Diversified Equity Fund, Inc. (NYSE:ADX) and Adams Natural Resources Fund, Inc. (NYSE:PEO). The Funds are actively managed by an experienced team with a disciplined approach and have paid dividends for more than 80 years across many market cycles. The Funds are committed to paying an annual distribution rate of 6% or more, providing reliable income to long-term investors. Shares can be purchased through our transfer agent or through a broker. For more information about Adams Funds, please visit: www.adamsfunds.com.

Contact:

Lyn Walther

Director of Shareholder Communications

800.638.2479 │ walther@adamsfunds.com