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 Dec. 31, 2012 and cumulative distributions paid fiscal year-to-date.

The following table sets forth the estimated amounts of the current distribution, payable Dec. 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			0.058			46%			0.058			46%
Net Realized Short-Term Capital Gains			0.000			0%			0.000			0%
Net Realized Long-Term Capital Gains			0.000			0%			0.000			0%
Return of Capital			0.067			54%			0.067			54%
Total (per common share)			0.125			100%			0.125			100%
Average annual total return (in relation to NAV) from commencement of operations through 11/30/2012												16.14%
Annualized current distribution rate expressed as a percentage of NAV as of 11/30/2012												5.61%
Cumulative total return (in relation to NAV) for the fiscal year through 11/30/2012												11.90%
Cumulative fiscal year distributions as a percentage of NAV as of 11/30/2012												0.47%

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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