EQS Equus Total Return Inc

HOUSTON, March 23 /PRNewswire-FirstCall/ -- Equus Total Return, Inc. (NYSE:EQS) ("Equus" or the "Fund") announced that proposals submitted to stockholders at its Special Meeting of Stockholders have been approved. Shareholders have authorized the Fund to offer and sell, or to issue rights to acquire, shares of its common stock at a price below the net asset value of such stock. In addition, stockholders approved an increase in the number of authorized shares of common stock from 25,000,000 to 50,000,000 shares. Equus is a business development company that trades as a closed-end fund on the New York Stock Exchange, under the symbol "EQS". Additional information on Equus may be obtained from its 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 to 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 statements are material. CONTACT: Brett Chiles (713) 529-0900 DATASOURCE: Equus Total Return, Inc. CONTACT: Brett Chiles of Equus Total Return, Inc., +1-713-529-0900 Web site: http://www.equuscap.com/

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