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Tortoise Power And Energy Infrastructure Fund, Inc. Provides Section 19(a) Notice

This notice provides stockholders of Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE: TPZ) with information regarding the distribution paid on Aug. 31, 2012 and cumulative distributions paid fiscal year-to-date.

The following table sets forth the estimated amounts of the current distribution, payable Aug. 31, 2012, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital. All amounts are expressed per common share.

                             
Estimated Sources of Distributions
                   

($) CurrentDistribution

% Breakdownof the CurrentDistribution

($) Total CumulativeDistributions for theFiscal Year to Date

% Breakdown of theTotal CumulativeDistributions for theFiscal Year to Date

Net Investment Income 0.060 48% 0.533 47%
Net Realized Short-Term Capital Gains 0.001 1% 0.003 0%
Net Realized Long-Term Capital Gains 0.026 21% 0.480 43%
Return of Capital

0.038

  30%  

0.109

  10%  

Total (per common share)   0.125       100%       1.125       100%
 
Average annual total return (in relation to NAV) from commencement of operations through 7/31/2012

 

16.81%

Annualized current distribution rate expressed as a percentage of NAV as of 7/31/2012

 

5.68%

 
Cumulative total return (in relation to NAV) for the fiscal year through 7/31/2012

 

8.30%

Cumulative fiscal year distributions as a percentage of NAV as of 7/31/2012

 

4.26%

 

You should not draw any conclusions about TPZ's investment performance from the amount of this distribution or from the terms of TPZ's distribution policy.

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