The Boards of Trustees (the "Boards") of the below-listed closed end funds (the “Funds”) advised by Clough Capital Partners L.P. (the "Advisor"), have previously voted to reinstate the share repurchase program for the current fiscal year ending October 31, 2017. Under the share repurchase program, each of the Funds may purchase up to 5% of their outstanding common shares as of December 9, 2016, in the open market, between now and the Funds’ fiscal year end of October 31, 2017. As part of their ongoing evaluation of options to enhance shareholder value, the Boards have authorized the Advisor to have the Funds repurchase their respective shares of common stock at such times and in such amounts as the Advisor reasonably believes may enhance shareholder value.

The Funds are as follows:

Clough Global Equity Fund (NYSE MKT: GLQ)
Clough Global Opportunities Fund (NYSE MKT: GLO)
Clough Global Dividend and Income Fund (NYSE MKT: GLV)

The share repurchase programs are the most recent in a series of actions the Funds have taken to seek to enhance shareholder value. The Boards will monitor the repurchase programs and will continue to consider strategic options to enhance shareholder value in the long term.

The Funds' repurchase programs will be implemented on a discretionary basis under the direction of the Advisor. The Funds' repurchase activity, including the number of shares purchased, the average purchase price and the average discount to net asset value, will be disclosed in the Funds' annual and semi-annual reports to shareholders. There is no assurance that the Funds will purchase shares at any specific discount levels or in any specific amounts.

Charles I. Clough, Jr., Chairman & CEO of the Advisor, commented "We are pleased that the Boards have reinstated the share repurchase program through October 31, 2017 to support the long-term interests of the Funds' shareholders."

The Clough Global Equity Fund

The Fund is a closed-end fund utilizing the Advisor’s research-driven, thematic process, with an investment objective of providing a high level of total return. Having a global, flexible mandate and exploiting the Firm’s research offices in Boston and Hong Kong, the Fund will invest at least 80% in equity and equity-related securities in both U.S. and non-U.S. markets, and the remainder in fixed income securities, including corporate and sovereign debt, in both U.S. and non-U.S. markets. More information on the Clough Global Equity Fund, including the Fund’s dividend reinvestment plan, can be found at www.cloughglobal.com or call 877-256-8445.

The Clough Global Opportunities Fund

The Fund is a closed-end fund with an investment objective of providing a high level of total return. The Fund seeks to achieve this objective by applying a fundamental research-driven investment process and will invest in equity and equity-related securities as well as fixed income securities, including both corporate and sovereign debt. Utilizing the Advisor’s global research capabilities, with offices in Boston and Hong Kong, the Clough Global Opportunities Fund will invest in both U.S. and non-U.S. markets. More information on the Clough Global Opportunities Fund, including the Fund’s dividend reinvestment plan, can be found at www.cloughglobal.com or call 877-256-8445.

The Clough Global Dividend and Income Fund

The Fund is a closed-end fund with an investment objective of providing a high level of total return. With analysts in Boston and Hong Kong, the Clough Global Dividend and Income Fund seeks to pursue this objective by applying a fundamental research-driven investment process and will invest in equity and equity-related securities as well as fixed income securities, including both corporate and sovereign debt, in both U.S. and non-U.S. markets. More information on the Clough Global Dividend and Income Fund, including the Fund’s dividend reinvestment plan, can be found at www.cloughglobal.com or call 877-256-8445.

Clough Capital Partners L.P.

The Advisor is a Boston-based investment advisory firm which manages approximately $2.9 billion in assets: $1.2 billion in hedge fund and institutional accounts; $102.6 million in open-end mutual funds; and $1.6 billion in three closed-end funds (as of November 30, 2016) – Clough Global Dividend and Income Fund (GLV), Clough Global Equity (GLQ), and the Clough Global Opportunities Fund (GLO). The firm uses a global and theme-based approach and invests in securities on a global basis. Clough was founded in 2000 by Chuck Clough and partners James Canty and Eric Brock. These three are the portfolio managers for the Funds, as well as Robert Zdunczyk.

An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, annual report or semi-annual report which contains this and other information visit www.cloughglobal.com or call 877-256-8445. Read them carefully before investing.

The Clough Global Equity Fund is a closed-end fund and closed-end funds do not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Fund now trades in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker. The share price of a closed-end fund is based on the market's value.

The Clough Global Opportunities Fund is a closed-end fund and closed-end funds do not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Fund now trades in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker. The share price of a closed-end fund is based on the market's value.

The Clough Global Dividend and Income Fund is a closed-end fund and closed-end funds do not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Fund now trades in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker. The share price of a closed-end fund is based on the market's value.

Forward-looking statements are based on information that is available on the date hereof, and neither the fund manager nor any other person affiliated with the fund manager has any duty to update any forward-looking statements. Important factors that could affect actual results to differ from these statements include, among other factors, material, negative changes to the asset class and the actual composition of the portfolio.

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