|Below are the preliminary year end distribution estimates per share, subject to increases
due to special dividends being announced by portfolio holdings within each of our funds. THE AMOUNTS AND
CLASSIFICATIONS ARE SUBJECT TO CHANGE. Distributions are paid to everyone owning shares on the record date of
the distribution, regardless of how long the shares have been held. Estimates shown are for the fund's
principal class of shares. Other share classes may have slight variations from the estimates shown.
- For Gabelli ABC Fund, distributions are expected to be paid on December 18, 2012
to shareholders of record as of December 17, 2012.
- For all other funds, distributions are expected to be paid on December 27, 2012
to shareholders of record as of December 26, 2012.