UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number   811-21809

Nuveen Equity Premium and Growth Fund

(Exact name of registrant as specified in charter)

     333 West Wacker Drive, Chicago, Illinois 60606     
(Address of principal executive offices) (Zip code)

Jessica R. Droeger—Vice President and Secretary
     333 West Wacker Drive, Chicago, Illinois 60606     
(Name and address of agent for service)

Registrant’s telephone number, including area code:      312-917-7700     

Date of fiscal year end:        12/31      

Date of reporting period:    9/30/2006   

Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

TABLE OF CONTENTS

	Item 1. Schedule of Investments
	Item 2. Controls and Procedures
	Item 3. Exhibits
SIGNATURES
Certification

Item 1. Schedule of Investments

Portfolio of Investments (Unaudited)

Nuveen Equity Premium and Growth Fund (JPG)
September 30, 2006

Shares			Description								Value
			Common Stocks – 97.4%
			Aerospace & Defense – 1.6%
	20,500		Boeing Company								$	1,616,425
	4,500		Goodrich Corporation									182,340
	33,500		Honeywell International Inc.									1,370,150
	29,400		United Technologies Corporation									1,862,490
			Total Aerospace & Defense									5,031,405
			Air Freight & Logistics – 0.6%
	28,200		United Parcel Service, Inc., Class B									2,028,708
			Airlines – 0.2%
	5,400		AMR Corporation-DEL, (1)									124,956
	9,600		Continental Airlines, Inc., (1)									271,776
	3,250		Southwest Airlines Co.									54,145
	3,800		US Airways Group Inc., (1)									168,454
			Total Airlines									619,331
			Auto Components – 0.2%
	24,800		American Axle and Manufacturing Holdings Inc.									413,912
	9,310		Cooper Tire & Rubber									93,659
			Total Auto Components									507,571
			Automobiles – 0.6%
	82,400		Ford Motor Company									666,616
	35,600		General Motors Corporation									1,184,056
	2,500		Harley-Davidson Inc., (1)									156,875
			Total Automobiles									2,007,547
			Beverages – 0.7%
	42,000		Coca-Cola Company									1,876,560
	7,500		PepsiCo, Inc.									489,450
			Total Beverages									2,366,010
			Capital Markets – 3.0%
	120,700		American Capital Strategies Limited									4,764,029
	35,000		Charles Schwab Corporation									626,500
	8,500		Goldman Sachs Group, Inc.									1,437,945
	31,000		Morgan Stanley									2,260,210
	18,800		Waddell & Reed Financial, Inc., Class A									465,300
			Total Capital Markets									9,553,984
			Chemicals – 1.6%
	1,000		Chemtura Corporation									8,670
	51,000		Dow Chemical Company									1,987,980
	38,955		E.I. Du Pont de Nemours and Company									1,668,832
	2,700		Eastman Chemical Company									145,854
	3,000		Lyondell Chemical Company									76,110
	798		NL Industries Inc.									7,932
	14,000		Olin Corporation									215,040
	13,000		PPG Industries, Inc.									872,040
	8,000		RPM International, Inc.									151,920
			Total Chemicals									5,134,378
			Commercial Banks – 11.0%
	98,900		Allied Capital Corporation									2,987,769
	167,515		Bank of America Corporation									8,973,779
	8,000		Comerica Incorporated									455,360
	9,000		Federated Investors Inc.									304,290
	27,720		HSBC Holdings PLC, Sponsored ADR									2,537,212
	34,000		Lloyds TSB Group PLC, Sponsored ADR									1,377,000
	2,133		National Australia Bank Limited, Sponsored ADR									290,963
	18,800		National City Corporation									688,080
	20,000		North Fork Bancorporation Inc.									572,800
	15,493		Regions Financial Corporation									569,987
	91,383		U.S. Bancorp.									3,035,743
	32,118		Wachovia Corporation									1,792,184
	9,600		Washington Mutual, Inc.									417,312
	299,600		Wells Fargo & Company									10,839,528
			Total Commercial Banks									34,842,007
			Commercial Services & Supplies – 1.1%
	23,000		Automatic Data Processing, Inc.									1,088,820
	1,400		Avery Dennison Corporation									84,238
	46,100		Deluxe Corporation									788,310
	1,000		Robert Half International Inc.									33,970
	86,500		ServiceMaster Company									969,665
	6,000		Standard Register Company									79,200
	77,765		Synagro Technologies, Inc.									328,168
			Total Commercial Services & Supplies									3,372,371
			Communications Equipment – 1.8%
	125,800		Cisco Systems, Inc., (1)									2,893,400
	41,900		Corning Incorporated, (1)									1,022,779
	58,000		Lucent Technologies Inc., (1)									135,720
	58,100		Motorola, Inc.									1,452,500
	1,000		Plantronics Inc.									17,530
	3,291		QUALCOMM Inc.									119,628
			Total Communications Equipment									5,641,557
			Computers & Peripherals – 2.0%
	15,467		Apple Computer, Inc., (1)									1,191,423
	14,919		Dell Inc., (1)									340,750
	25,000		EMC Corporation, (1)									299,500
	65,500		Hewlett-Packard Company									2,403,195
	27,500		International Business Machines Corporation (IBM)									2,253,350
			Total Computers & Peripherals									6,488,218
			Containers & Packaging – 0.3%
	22,600		Chesapeake Corporation									323,406
	21,200		Packaging Corp. of America									491,840
			Total Containers & Packaging									815,246
			Diversified Financial Services – 4.3%
	2,000		Chicago Merchantile Exchange									956,500
	140,929		Citigroup Inc.									6,999,943
	4,000		Federal Home Loan Mortgage Corporation									265,320
	21,800		Gladstone Capital Corporation									479,818
	104,500		JPMorgan Chase & Co.									4,907,320
			Total Diversified Financial Services									13,608,901
			Diversified Telecommunication Services – 3.8%
	23,500		Alaska Communications Systems Group Inc.									311,845
	118,000		AT&T Inc.									3,842,080
	16,000		BellSouth Corporation									684,000
	104,800		Citizens Communications Company									1,471,392
	7,200		Compania Anonima Nacional Telefonos de Venezuela									136,800
	17,693		Compania de Telecomunicaciones de Chile S.A., Sponsored ADR									125,090
	15,600		FairPoint Communications Inc.									271,440
	2,000		France Telecom SA									46,620
	1,593		Magyar Telekom Telecommunications, (1)									31,860
	5,100		PT Telekomunikasi Indonesia									184,416
	4,000		SK Telecom Company Limited									94,520
	16,800		Telstra Corporation Limited, ADR									231,168
	129,500		Verizon Communications Inc.									4,808,335
			Total Diversified Telecommunication Services									12,239,566
			Electric Utilities – 1.1%
	5,400		Ameren Corporation									285,066
	26,500		Centerpoint Energy Inc.									379,480
	13,600		Consolidated Edison, Inc.									628,320
	12,000		Duquesne Light Holdings Inc.									235,920
	6,000		Enel SpA, Sponsored ADR									273,780
	14,700		Great Plains Energy Incorporated									455,994
	8,882		Progress Energy, Inc.									403,065
	12,349		TXU Corporation									772,059
			Total Electric Utilities									3,433,684
			Electrical Equipment – 1.0%
	21,000		American Power Conversion Corporation									461,160
	2,500		Cooper Industries, Ltd., Class A									213,050
	30,000		Emerson Electric Co.									2,515,800
	2,000		Hubbell Incorporated, Class B									95,800
	1,000		Rockwell Automation, Inc.									58,100
			Total Electrical Equipment									3,343,910
			Electronic Equipment & Instruments – 0.0%
	3,600		MEMC Electronic Materials, (1)									131,868
			Energy Equipment & Services – 1.5%
	12,700		Baker Hughes Incorporated									866,140
	12,000		Carbo Ceramics Inc.									432,360
	2,500		Diamond Offshore Drilling, Inc.									180,925
	17,600		Halliburton Company									500,720
	2,500		National-Oilwell Varco Inc., (1)									146,375
	5,000		Noble Corporation									320,900
	8,000		Patterson-UTI Energy, Inc.									190,080
	23,514		Schlumberger Limited									1,458,573
	2,000		Tidewater Inc.									88,380
	7,000		Transocean Inc., (1)									512,610
			Total Energy Equipment & Services									4,697,063
			Food & Staples Retailing – 1.2%
	14,000		CVS Corporation									449,680
	29,375		SUPERVALU Inc.									870,969
	49,400		Wal-Mart Stores, Inc.									2,436,408
			Total Food & Staples Retailing									3,757,057
			Food Products – 0.3%
	41,300		ConAgra Foods, Inc.									1,011,024
			Gas Utilities – 2.4%
	77,000		KeySpan Corporation									3,167,780
	35,390		Nicor Inc.									1,513,276
	71,000		Peoples Energy Corporation									2,886,150
			Total Gas Utilities									7,567,206
			Health Care Equipment & Supplies – 0.5%
	5,200		Baxter International Inc.									236,392
	3,360		Boston Scientific Corporation, (1)									49,694
	29,000		Medtronic, Inc.									1,346,760
	1,000		St. Jude Medical Inc., (1)									35,290
			Total Health Care Equipment & Supplies									1,668,136
			Health Care Providers & Services – 1.3%
	9,673		Aetna Inc.									382,567
	16,500		HCA, Inc.									823,185
	17,000		Health Management Associates Inc.									355,300
	4,500		Humana Inc., (1)									297,405
	39,000		Tenet Helathcare Corporation, (1)									317,460
	24,600		UnitedHealth Group Incorporated									1,210,320
	10,100		Wellpoint Inc., (1)									778,205
			Total Health Care Providers & Services									4,164,442
			Hotels, Restaurants & Leisure – 0.9%
	4,800		Harrah’s Entertainment, Inc.									318,864
	5,500		International Game Technology									228,250
	31,900		McDonald’s Corporation									1,247,928
	11,000		OSI Restaurant Partners Inc.									348,810
	10,200		Wendy’s International, Inc.									683,400
			Total Hotels, Restaurants & Leisure									2,827,252
			Household Durables – 1.3%
	5,000		Black & Decker Corporation									396,750
	1,000		D.R. Horton, Inc.									23,950
	2,200		Furniture Brands International, Inc.									41,888
	13,500		Kimball International Inc., Class B									260,550
	1,000		La Z Boy Inc.									13,960
	55,500		Newell Rubbermaid Inc.									1,571,760
	12,000		Snap-on Incorporated									534,600
	13,500		Stanley Works									672,975
	8,998		Whirlpool Corporation									756,822
			Total Household Durables									4,273,255
			Household Products – 2.1%
	20,000		Kimberly-Clark Corporation									1,307,200
	85,500		Procter & Gamble Company									5,299,290
			Total Household Products									6,606,490
			Industrial Conglomerates – 4.2%
	15,600		3M Co.									1,160,952
	6,700		American Standard Companies Inc.									281,199
	302,676		General Electric Company									10,684,463
	23,200		Genuine Parts Company									1,000,616
	14,166		Tyco International Ltd.									396,506
			Total Industrial Conglomerates									13,523,736
			Insurance – 3.3%
	20,000		Allstate Corporation									1,254,600
	29,140		American International Group, Inc.									1,930,816
	9,000		Arthur J. Gallagher & Co.									240,030
	10,000		Fidelity National Financial, Inc.									416,500
	74,334		Lincoln National Corporation									4,614,648
	13,000		Marsh & McLennan Companies, Inc.									365,950
	9,000		Mercury General Corporation									446,490
	16,400		St. Paul Travelers Companies, Inc.									768,996
	1,500		Unitrin, Inc.									66,255
	5,100		XL Capital Ltd, Class A									350,370
			Total Insurance									10,454,655
			Internet & Catalog Retail – 0.1%
	14,500		Amazon.com, Inc., (1)									465,740
			Internet Software & Services – 1.8%
	43,000		eBay Inc., (1)									1,219,480
	6,500		Google Inc., Class A, (1)									2,612,350
	104,600		United Online, Inc.									1,274,028
	23,800		Yahoo! Inc., (1)									601,664
			Total Internet Software & Services									5,707,522
			Leisure Equipment & Products – 0.4%
	5,000		Brunswick Corporation									155,950
	2,000		Eastman Kodak Company									44,800
	39,200		Mattel, Inc.									772,240
	8,000		Polaris Industries Inc.									329,200
			Total Leisure Equipment & Products									1,302,190
			Machinery – 1.4%
	25,000		Briggs & Stratton Corporation									688,750
	30,000		Caterpillar Inc.									1,974,000
	5,100		Deere & Company									427,941
	11,000		Illinois Tool Works Inc.									493,900
	19,000		Ingersoll-Rand Company – Class A									721,620
	3,000		Pentair, Inc.									78,570
	2,100		Volvo AB									125,370
			Total Machinery									4,510,151
			Media – 1.6%
	1,500		Clear Channel Communications, Inc.									43,275
	17,600		Dow Jones & Company, Inc.									590,304
	25		Live Nation Inc., (1)									511
	39,000		New York Times, Class A									896,220
	5,000		Reed Elsevier NV, Sponsored ADR									167,150
	83,486		Regal Entertainment Group, Class A									1,654,693
	37,000		Sirius Satellite Radio Inc., (1)									144,670
	162,000		Westwood One, Inc.									1,146,960
	18,500		World Wrestling Entertainment Inc.									303,955
	19,000		XM Satellite Radio Holdings Inc., Class A, (1)									244,910
			Total Media									5,192,648
			Metals & Mining – 1.2%
	38,104		Companhia Siderurgica Nacional S.A., Sponsored ADR									1,083,297
	8,550		Gerdau SA									115,853
	1,140		Phelps Dodge Corporation									96,558
	28,668		Southern Copper Corporation									2,651,790
			Total Metals & Mining									3,947,498
			Multiline Retail – 0.7%
	18,000		Dollar General Corporation									245,340
	19,200		Federated Department Stores, Inc.									829,632
	5,500		J.C. Penney Company, Inc.									376,145
	12,800		Nordstrom, Inc.									541,440
	4,000		Target Corporation									221,000
			Total Multiline Retail									2,213,557
			Multi-Utilities – 1.0%
	1,450		Dominion Resources, Inc.									110,911
	76,000		Duke Energy Corporation									2,295,200
	1,347		National Grid PLC, Sponsored ADR									84,443
	10,500		ONEOK, Inc.									396,795
	6,600		United Utilities PLC, Sponsored ADR									174,768
			Total Multi-Utilities									3,062,117
			Oil, Gas & Consumable Fuels – 7.5%
	68,900		ChevronTexaco Corporation									4,468,854
	17,026		ConocoPhillips									1,013,558
	185,000		Exxon Mobil Corporation									12,413,500
	3,600		Frontline Limited									138,636
	12,800		General Maritime Corporation									468,224
	7,800		Marathon Oil Corporation									599,820
	49,559		Norsk Hydro ASA									1,115,573
	73,000		Occidental Petroleum Corporation									3,512,030
	397		Sinopec Shanghai Petrochemical Company, Limited									19,751
	3,043		Valero Energy Corporation									156,623
	3,000		YPF Sociedad Anonima									131,130
			Total Oil, Gas & Consumable Fuels									24,037,699
			Paper & Forest Products – 0.9%
	11,000		Bowater Incorporated									226,270
	11,500		International Paper Company									398,245
	8,928		Potlatch Corporation									331,229
	32,400		Weyerhaeuser Company									1,993,572
			Total Paper & Forest Products									2,949,316
			Personal Products – 0.2%
	23,000		Avon Products, Inc.									705,180
			Pharmaceuticals – 9.5%
	65,000		Abbott Laboratories									3,156,400
	146,264		Bristol-Myers Squibb Company									3,644,899
	2,000		CV Therapeutics Inc., (1)									22,280
	35,132		Eli Lilly and Company									2,002,524
	89,900		Johnson & Johnson									5,838,106
	140,500		Merck & Co. Inc.									5,886,950
	2,000		Neurocrine Biosciences Inc., (1)									21,500
	277,500		Pfizer Inc.									7,869,900
	36,000		Wyeth									1,830,240
			Total Pharmaceuticals									30,272,799
			Real Estate Investment Trust – 3.4%
	9,700		American Home Mortgage Investment Corp.									338,239
	62,671		Apartment Investment & Management Company, Class A									3,409,929
	2,800		Colonial Properties Trust									133,868
	57,500		Healthcare Realty Trust, Inc.									2,208,575
	47,000		Hospitality Properties Trust									2,218,400
	20,500		Lexington Corporate Properties Trust									434,190
	53,300		Nationwide Health Properties, Inc.									1,425,242
	4,799		New Century Financial Corporation									188,649
	3,684		Omega Healthcare Investors Inc.									55,297
	20,000		Senior Housing Properties Trust									426,800
			Total Real Estate Investment Trust									10,839,189
			Road & Rail – 0.6%
	45,000		CSX Corporation									1,477,350
	18,500		Laidlaw International Inc.									505,605
			Total Road & Rail									1,982,955
			Semiconductors & Equipment – 3.2%
	7,800		Advanced Micro Devices, Inc., (1)									193,830
	47,000		Analog Devices, Inc.									1,381,330
	11,500		Applied Materials, Inc.									203,895
	237,500		Intel Corporation									4,885,375
	44,000		Maxim Integrated Products, Inc.									1,235,080
	30,600		Microchip Technology Incorporated									992,052
	13,400		NVIDIA Corporation, (1)									396,506
	23,400		Texas Instruments Incorporated									778,050
			Total Semiconductors & Equipment									10,066,118
			Software – 3.4%
	10,200		Adobe Systems Incorporated, (1)									381,990
	6,000		Akamai Technologies, Inc., (1)									299,940
	1,000		Electronic Arts Inc. (EA), (1)									55,680
	273,500		Microsoft Corporation									7,474,755
	9,000		NAVTEQ Corporation, (1)									234,990
	99,976		Oracle Corporation, (1)									1,773,574
	3,500		Salesforce.com, Inc., (1)									125,580
	20,200		Symantec Corporation, (1)									429,856
			Total Software									10,776,365
			Specialty Retail – 2.5%
	6,450		Abercrombie & Fitch Co., Class A									448,146
	17,000		American Eagle Outfitters, Inc.									745,110
	17,000		Best Buy Co., Inc.									910,520
	7,000		Chico’s FAS, Inc., (1)									150,710
	14,151		Gap, Inc.									268,161
	26,012		Home Depot, Inc.									943,455
	30,700		Limited Brands, Inc.									813,243
	23,000		Lowe’s Companies, Inc.									645,380
	7,000		Office Depot, Inc., (1)									277,900
	108,100		Pier 1 Imports, Inc.									802,102
	12,000		RadioShack Corporation									231,600
	7,300		Sherwin-Williams Company									407,194
	6,000		Talbots, Inc.									163,500
	1,000		Tiffany & Co									33,200
	12,000		TJX Companies, Inc.									336,360
	58,000		Tuesday Morning Corporation									805,040
			Total Specialty Retail									7,981,621
			Textiles Apparel & Luxury Goods – 0.5%
	702		Cherokee Inc.									25,700
	20,000		VF Corporation									1,459,000
			Total Textiles Apparel & Luxury Goods									1,484,700
			Thrifts & Mortgage Finance – 0.5%
	18,900		Federal National Mortgage Association									1,056,699
	4,025		Great Lakes Bancorp Inc., (1)									64,682
	38,000		New York Community Bancorp, Inc.									622,440
			Total Thrifts & Mortgage Finance									1,743,821
			Tobacco – 2.8%
	65,586		Altria Group, Inc.									5,020,608
	37,000		Reynolds American Inc.									2,292,890
	30,000		UST Inc.									1,644,900
	423		Vector Group Ltd.									6,853
			Total Tobacco									8,965,251
			Trading Companies & Distributors – 0.0%
	1,000		W.W. Grainger, Inc.									67,020
			Transportation Infrastructure – 0.1%
	7,000		Stolt-Nielsen S.A., Sponsored ADR									181,300
			Wireless Telecommunication Services – 0.2%
	32,000		Vodafone Group PLC									731,520
			Total Common Stocks (cost $282,903,544)									310,902,855
				Notional			Expiration		Strike
Contracts			Type	Amount (2)			Date		Price		Value
			Put Options – 0.1%
	304		S&P 500 Index	$	35,720,000			10/21/06	$	1175	$	6,080
	261		S&P 500 Index		31,320,000			10/21/06		1200		7,830
	279		S&P 500 Index		33,480,000			11/18/06		1200		51,615
	220		S&P 500 Index		26,950,000			11/18/06		1225		59,950
	265		S&P 500 Index		30,475,000			12/16/06		1150		59,625
	278		S&P 500 Index		32,665,000			12/16/06		1175		84,095
	256		S&P 500 Index		30,720,000			12/16/06		1200		104,960
	1,863		Total Put Options (cost $1,390,818)		221,330,000							374,155
Principal
Amount (000)			Description	Coupon			Maturity				Value
			Short-Term Investments – 6.2%
$	19,734		Repurchase Agreement with State Street Bank, dated 9/29/06, repurchase price		4.800%			10/02/06			$	19,734,176
			$19,742,070, collateralized by $19,570,000 U.S. Treasury Notes, 4.875%, due 5/31/11, value $20,132,638
			Total Short-Term Investments (cost $19,734,176)									19,734,176
			Total Investments (cost $304,028,538) – 103.7%									331,011,186
				Notional			Expiration		Strike
Contracts			Type	Amount (2)			Date		Price		Value
			Call Options – (3.8)%
	(227	)	S&P 500 Index	$	(28,375,000	)		10/21/06	$	1250	$	(2,032,785	)
	(489	)	S&P 500 Index		(62,347,500	)		10/21/06		1275		(3,200,505	)
	(226	)	S&P 500 Index		(29,380,000	)		10/21/06		1300		(959,370	)
	(475	)	S&P 500 Index		(60,562,500	)		11/18/06		1275		(3,453,250	)
	(216	)	S&P 500 Index		(28,080,000	)		11/18/06		1300		(1,111,320	)
	(230	)	S&P 500 Index		(29,900,000	)		12/16/06		1300		(1,388,050	)
	(1,863	)	Total Call Options (premiums received $8,383,822)		(238,645,000	)						(12,145,280	)
			Other Assets Less Liabilities – 0.1%									289,456
			Net Assets – 100%								$	319,155,362
			(1)      Non-income producing.
			(2)      For disclosure purposes, Notional Amount is calculated by multiplying the number of Contracts by Strike Price by 100.
			(3)      The Fund may designate up to 100% of its Common Stock investments to cover outstanding Call Options.
			ADR      American Depositary Receipt.
			Income Tax Information
			The following information is presented on an income tax basis. Differences between amounts for financial statement and federal income tax purposes are primarily due to recognition of income on REIT investments and timing differences in recognizing certain gains and losses on investment transactions.
			At September 30, 2006, the cost of investments was $304,208,538.
			Gross unrealized appreciation and gross unrealized depreciation of investments at September 30, 2006, were as follows:
			Gross unrealized:
			Appreciation								$	30,639,901
			Depreciation									(3,657,253	)
			Net unrealized appreciation (depreciation) of investments								$	26,982,648

Item 2. Controls and Procedures.

a.

The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”) (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).

b.

There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 3. Exhibits.

File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: EX-99 CERT Attached hereto.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant)  Nuveen Equity Premium and Growth Fund                  

By (Signature and Title)*	/s/ Jessica R. Droeger
	Jessica R. Droeger
	Vice President and Secretary

Date November 28, 2006

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By (Signature and Title)*	/s/ Gifford R. Zimmerman
	Gifford R. Zimmerman
	Chief Administrative Officer (principal executive officer)

Date November 28, 2006

By (Signature and Title)*	/s/ Stephen D. Foy
	Stephen D. Foy
	Vice President and Controller (principal financial officer)

Date November 28, 2006

* Print the name and title of each signing officer under his or her signature.