Gabelli Healthcare & WellnessRx Trust Declares Additional Distribution of $0.81 Per Share

  Gabelli Healthcare & WellnessRx Trust Declares Additional Distribution of
  $0.81 Per Share

Business Wire

RYE, N.Y. -- December 03, 2012

The Board of Trustees of The Gabelli Healthcare & Wellness^Rx Trust (NYSE:GRX)
(the “Fund”) declared an additional year-end cash distribution of $0.81 per
share payable on December 20, 2012 to common shareholders of record on
December 14, 2012.

This brings the total fourth quarter distribution to $0.91 per share, which
consists of the previously declared $0.10 per share quarterly distribution
plus the $0.81 per share additional year-end distribution, sourced primarily
from long-term capital gains. The distribution will be included in 2012 income
for shareholders subject to income tax. This raises the total distribution for
the year to $1.11 per share.

Distributions of long-term capital gains, short-term capital gains, net
investment income, qualified dividend income, ordinary income, and paid-in
capital, if any, will be allocated on a pro-rata basis to common and preferred
shareholders for the year, as applicable. Based on the accounting records of
the Fund as of November 23, 2012, each of the distributions paid to common
shareholders in 2012 would include approximately 100% from net capital gains
on a book basis. The estimated components of each distribution will be updated
and provided to shareholders of record in a notice accompanying the
distribution and are available on our website ( The final
determination of the sources of all distributions in 2012 will be made after
year end and can vary from the quarterly estimates. All shareholders with
taxable accounts will receive written notification regarding the components
and tax treatment for all 2012 distributions in early 2013 via Form 1099-DIV.

The Gabelli Healthcare & Wellness^Rx Trust is a non-diversified, closed-end
management investment company with $147 million in total net assets whose
primary investment objective is long-term growth of capital. The Fund is
managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc.
(NYSE:GBL), which is a publicly traded NYSE listed company.


The Gabelli Healthcare & Wellness^Rx Trust
Wayne C. Pinsent, CFA
Adam E. Tokar
Laurissa M. Martire
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