|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%|
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.
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.