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GABELLI MULTIMEDIA TRUST INC. Director's Dealing 2011

Apr 20, 2011

33893_dirs_2011-04-20_b8ff2d88-3aee-4a94-8421-b45cb32a92b9.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GABELLI GLOBAL MULTIMEDIA TRUST INC (GGTRT)
CIK: 0000921671
Period of Report: 2011-04-19

Reporting Person: GABELLI MARIO J (Director, Control Person of Adviser)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-04-19 Rights for Common Shares S 5445 $0.2101 Disposed 281000 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Rights for Common Shares 46035 Indirect
Rights for Common Shares 159794 Indirect
Rights for Common Shares 124551 Indirect
Rights for Common Shares 11082 Indirect
Rights for Common Shares 16361 Indirect

Footnotes

F1: The rights reported reflect the total rights owned by GAMCO Investors, Inc. (GAMCO). Mario J. Gabelli is the Chairman, Chief Executive Officer, and controlling shareholder of GAMCO. Mr. Gabelli has less than a 100% interest in GAMCO and disclaims beneficial ownership of the shares held by it which are in excess of his indirect pecuniary interest.

F2: The rights reported reflect the total rights owned by GGCP, Inc. (GGCP). Mario J. Gabelli is the Chief Executive Officer, a director, and the controlling shareholder of GGCP. Mr. Gabelli has less than a 100% interest in GGCP and disclaims beneficial ownership of the shares held by it which are in excess of his indirect pecuniary interest.

F3: The rights reported reflect the total rights owned by Gabelli Securities, Inc. (GSI), a majority owned subsidiary of GAMCO. Mr. Gabelli has less than a 100% interest in GSI and disclaims beneficial ownership of the shares held by this entity which are in excess of his indirect pecuniary interest.

F4: The rights reported reflect the total rights owned by MJG IV Limited Partnership, a limited partnership for which Mr. Gabelli serves as a general partner. Mr. Gabelli has less than a 100% interest in the entity and disclaims beneficial ownership of the shares held by this entity which are in excess of his indirect pecuniary interest.

F5: The rights reported reflect the total rights owned by GPJ Retirement Partners, LLC, a limited liability company. Mr. Gabelli has less than a 100% interest in the entity and disclaims beneficial ownership of the shares held by this entity which are in excess of his indirect pecuniary interest.