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March 31st, 2010

Equus’ Largest Single Shareholder Issues Open Letter to Fellow Shareholders
HOUSTON—-The single largest shareholder of Equus Total Return, Inc. today issued an open letter to the Fund’s shareholders. Mobiquity Investments Limited , which holds 9.28% of the Fund’s outstanding shares, is encouraging all shareholders to cast their votes using the internet or telephone by following the instructions provided on the WHITE proxy card or voting instruction form that they have …
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