EQS Equus Total Return Inc

Equus II Incorporated Postpones Annual Meeting to June 30 HOUSTON, June 8 /PRNewswire-FirstCall/ -- Equus II Incorporated (NYSE:EQS) today announced that it has decided to postpone the Fund's 2005 Annual Meeting of Stockholders currently scheduled for June 14, 2005, to provide stockholders with additional time to receive and consider the Fund's proxy solicitation materials and to vote their shares on all matters discussed in the Proxy Statement dated May 27, 2005, prior to the Annual Meeting. The 2005 Annual Meeting of Stockholders will now be held at 9:00 a.m., CDT on June 30, 2005, at Meeting Room No. 1, Ground Level, Wortham Tower, 2727 Allen Parkway, Houston, Texas 77019. The record date for the meeting will remain May 2, 2005. A letter is being sent to stockholders providing details about the new time and location for the meeting and enclosing a duplicate proxy card. Stockholders having questions or needing assistance in voting their shares should contact MacKenzie Partners, Inc. at 1-800-322-2885. 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: Sam P. Douglass (713) 529-0900 DATASOURCE: Equus II Incorporated CONTACT: Sam P. Douglass of Equus II Incorporated, +1-713-529-0900 Web site: http://www.equuscap.com/

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