Date: May 14, 2001
Phone: 540-667-2424

For Immediate Release


THE ADMAS COMPANIES' CEO ATTENDS HISTORIC PROPERTY TAX CREDIT NATIONAL CONFERENCE IN CHICAGO, ILLINOIS

Winchester, Virginia

Richard Bell, CEO for The Adams Companies attended the National Conference on Tax Incentives for Developing Historic Properties in Chicago, Illinois on April 23-24, 2001.

"The conference was tremendously informative. There are tax incentive opportunities in Winchester, Virginia that, if structured properly, could transform into hundreds of thousands if not millions of dollars in tax credits", stated Mr. Bell.

The conference was sponsored by the National Housing and Rehabilitation Association, Ernst & Young, LLP, and the National Park Service. The conference focused on deal structuring strategies, obtaining Government approvals, Equity from Institutional Investors, and Partnering with Non-Profits and Government


For further information on any of the above, please contact
Richard Bell at The Adams Companies at 540-667-2424


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