Date: Thu, 18 Dec 1997 11:33:33 GMT Server: NCSA/1.5.2 Last-modified: Wed, 17 Dec 1997 23:40:37 GMT Content-type: text/html Content-length: 3972 Equus II Incorporated

Equus II Incorporated (AMEX - "EQS")

Equus II Incorporated is a business development company that trades as a closed-end fund on the American Stock Exchange, under the symbol "EQS". The Fund seeks to generate long-term capital gains by making equity investments in small to medium-sized privately-owned companies. The current portfolio consists of investments in 27 businesses in various industries throughout the United States. Nine companies in the portfolio, whose values represent approximately 70% of the net assets at September 30, 1997, are publicly traded.

Current NAV as of 12/17/97: $29.04

Closing Market as of 12/17/97: $23.00

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