X0201 4/A 2003-11-05 2003-11-06 0 0000793040 ELLSWORTH CONVERTIBLE GROWTH & INCOME FUND INC ECF 0001041813 AHALT GORDON F 13430 NW FRWY STE 350 HOUSTON TX 77040 1 0 0 0 Common Stock 2003-11-05 4 X 0 334 7.76 A 2334 D Common Stock 2003-11-05 4 X 0 167 7.76 A 1167 I Spouse Subscription Rights (Right to buy) 7.76 2003-11-05 4 X 0 2004 0 D 2003-10-17 2003-11-19 Common Stock 334 0 D Subscription Rights (Right to buy) 7.76 2003-11-05 4 X 0 1002 0 D 2003-10-17 2003-11-19 Common Stock 167 0 I Spouse Based on an estimated subscription price per share of 95% of the average of the volume-weighted average sales prices of a share of the ECF's Common Stock on the American Stock Exchange ("AMEX") on October 14, 2003 and the four preceding trading days. The actual subscription price per share will be the lesser of (A) 95% of the net asset value per share of the ECF's Common Stock on the AMEX on November 20, 2003, or (B) 95% of the average of the volume-weighted average sales prices of a share of the ECF's Common Stock on the AMEX on November 20, 2003 and the four preceding trading days. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose. /s/ Gary I. Levine, attorney-in-fact 2003-11-24