EQS Equus Total Return Inc

Equus II Incorporated Announces Annual Meeting and Shareholder Record Dates HOUSTON, April 15 /PRNewswire-FirstCall/ -- Equus II Incorporated (NYSE:EQS) (the "Fund") today announced its annual meeting of stockholders will be 9:00 a.m. on Tuesday, June 14, 2005 in Meeting Room No. 1, Ground Level, Wortham Tower, 2727 Allen Parkway, in Houston. All holders of record of shares of the Fund's common stock at the close of business on Monday, May 2, 2005 are entitled to vote at the meeting. The Fund -- Equus II Incorporated -- is a business development company, which seeks to generate current distributions of net investment income and long-term capital gains by making equity-oriented investments in small to medium-sized privately owned companies. The current portfolio consists of investments in 14 businesses in various industries and two venture capital funds. More information on the Fund and other Equus entities may be obtained from Equus' website at http://www.equuscap.com/ . This press release may contain certain forward-looking statements regarding future circumstances. These forward-looking statements are based upon the Fund's current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements including, in particular, the risks and uncertainties described in the Fund's filings with the Securities and Exchange Commission. Actual results, events, and performance may differ. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Fund undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by the Fund or any other person that the events or circumstances described in such statement are material. CONTACT: Hank Nicodemus (713) 529-0900 DATASOURCE: Equus II Incorporated CONTACT: Hank Nicodemus of Equus II Incorporated, +1-713-529-0900 Web site: http://www.equuscap.com/

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