Equus Total Return, Inc. (NYSE: EQS) (“Equus” or the “Fund”) thanked stockholders for their participation in the voting process at today’s Annual Meeting of Stockholders. The preliminary vote tabulation is expected to be announced in several days and certification of the final results by the independent inspector of election is expected to be completed shortly thereafter.

“We thank Equus’ stockholders for their participation in this process and for their positive feedback over the past several weeks,” stated Richard Bergner, Chairman of Equus. “Although the results will be announced in several days, Equus stockholders have made their voices heard. We look forward to the tabulation of the results.”

About Equus

The Fund 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 the Fund may be obtained from the Fund’s website at www.equuscap.com.

Cautionary Note Regarding Forward-Looking Statements

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 letter does not constitute an admission by the Fund or any other person that the events or circumstances described in such statements are material.

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