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EXHIBIT d(iii)
NOTICE OF GUARANTEED DELIVERY
FOR SHARES OF COMMON STOCK OF
THE GABELLI EQUITY TRUST INC.
SUBSCRIBED FOR UNDER PRIMARY SUBSCRIPTION
AND THE OVER-SUBSCRIPTION PRIVILEGE
As set forth in the Prospectus, this form or one substantially equivalent hereto
may be used as a means of effecting subscription and payment for all shares of
the Fund's Common Stock (the "Shares") subscribed for under the Primary
Subscription and the Over-Subscription Privilege. Such form may be delivered by
hand or sent by facsimile transmission, overnight courier or first class mail to
the Subscription Agent.
THE SUBSCRIPTION AGENT IS:
EQUISERVE
Attention: Corporate Actions
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BY MAIL: BY FACSIMILE:
P.O. Box 9573 (781) 575-4826
Boston, MA 02205-9573
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CONFIRM BY TELEPHONE TO:
(781) 575-4816
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BY OVERNIGHT COURIER: BY HAND:
40 Campanelli Drive Securities Transfer and Reporting Services, Inc.
Braintree, MA 02184 c/o EquiServe
100 Williams St. Galleria
New York, NY 10038
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DELIVERY OF THIS INSTRUMENT TO AN ADDRESS, OR TRANSMISSION OF INSTRUCTIONS VIA A
TELECOPY FACSIMILE NUMBER, OTHER THAN AS SET FORTH ABOVE, DOES NOT CONSTITUTE A
VALID DELIVERY.
The New York Stock Exchange member firm or bank or trust company which completes
this form must communicate this guarantee and the number of Shares subscribed
for in connection with this guarantee (separately disclosed as to the Primary
Subscription and the Over-Subscription Privilege) to the Subscription Agent and
must deliver this Notice of Guaranteed Delivery of Payment, guaranteeing
delivery of (a) payment in full for all subscribed Shares and (b) a properly
completed and signed copy of the Subscription Certificate (which certificate and
full payment must then be delivered no later than the close of business of the
third business day after the Expiration Date, unless extended) to the
Subscription Agent prior to 5:00 p.m., New York time, on the Expiration Date,
unless extended. Failure to do so will result in a forfeiture of the Rights.
GUARANTEE
The undersigned, a member firm of the New York Stock Exchange or a bank or trust
company having an office or correspondent in the United States, guarantees
delivery to the Subscription Agent by no later than 5:00 p.m., New York time, on
January , 2001 (unless extended as described in the Prospectus) of (a) a
properly completed and executed Subscription Certificate and (b) payment of the
full Subscription Price for Shares subscribed for on Primary Subscription and
for any additional Shares subscribed for pursuant to the Over-Subscription
Privilege, as subscription for such Shares is indicated herein or in the
Subscription Certificate.
(continued on other side)
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BROKER ASSIGNED CONTROL #
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THE GABELLI EQUITY TRUST INC.
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1. Primary Subscription Number of Rights to Number of Primary Payment to be made in
be exercised Shares requested for connection with
which you are Primary Shares
guaranteeing delivery
of Rights and Payment
________ Rights ________ Shares $________
(Rights / by 6)
2. Over-Subscription Number of Over- Payment to be made in
Subscription Shares connection with Over-
requested for which Subscription Shares
you are guaranteeing
payment
________ Shares $____________
3. Totals Total Number of
Rights to be
Delivered
________ Rights $____________
Total Payment
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Method of delivery (circle one)
A. Through DTC
B. Direct to EquiServe, as Subscription Agent. Please reference below the
registration of the Rights to be delivered.
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PLEASE SIGN A UNIQUE CONTROL NUMBER FOR EACH GUARANTEE SUBMITTED. This number
needs to be referenced on any direct delivery of Rights or any delivery through
DTC. In addition, please note that if you are guaranteeing for Over-Subscription
Privilege Shares and are a DTC participant, you must also execute and forward to
EquiServe a DTC Participant Over-Subscription Exercise form.
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Name of Firm Authorized Signature
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DTC Participant Number Title
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Address Name (Please Type or Print)
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Zip Code Phone Number
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Contact Name Date
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