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Equus Announces Preliminary Voting Results from Annual Shareholder Meeting

^{Published on Tuesday, May 18th 2010 at 13:20 GMT by Market Wire}  

HOUSTON--([ BUSINESS WIRE ])--Equus Total Return, Inc. (NYSE: EQS) (aEquusa or the aFunda) announced that is has received preliminary results from the independent inspector of elections for the Funda�s Annual Meeting of Stockholders which took place on Wednesday, May 12, 2010. The inspectora�s preliminary results showed that each of the Funda�s nine nominees for director (Fraser Atkinson, Alessandro Benedetti, Richard Bergner, Kenneth Denos, Gregory Flanagan, Henry Hankinson, John Hardy, Robert Knauss, and Bertrand des Pallieres) were elected to a one-year term expiring at the next annual shareholder meeting, and that UHY LLP, the Funda�s independent auditors, had also been approved for another one-year term. The Fund will promptly announce the final results of the Annual Meeting of Stockholders after they are certified by the independent inspector of elections.

"We expect to make further announcements when these results are certified by the independent inspector of elections."

aWe appreciate the level of participation shown by our shareholders in becoming informed about the issues at stake in the Annual Meeting and casting their votes in a timely fashion,a said Richard Bergner, Chairman of Equus. aWe expect to make further announcements when these results are certified by the independent inspector of elections.a

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 Funda�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 Funda�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 Funda�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.