OVERLAND PARK, Kan., Oct. 30 /PRNewswire-FirstCall/ -- Tortoise Capital Advisors, LLC, the adviser of Tortoise Energy Infrastructure Corp., Tortoise Energy Capital Corp. and Tortoise North American Energy Corp. (NYSE:TYGNYSE:TYYNYSE:andNYSE:TYNNYSE:respectively), announced today the release of third quarter 2007 stockholders' reports for each of these companies. The reports are available on the companies' Web site at http://www.tortoiseadvisors.com/. Auction Rate Information Update On Oct. 26, 2007, Tortoise Energy Infrastructure redeemed its Series E Auction Rate Notes totaling $70 million funded with proceeds from its bank revolver and normal portfolio turnover. The Adviser also updated its auction rate information through Oct. 30, 2007, on its Web site. That information is also set forth below. Until further notice, the Adviser will continue to update this information on its Web site on the 1st and 15th of each month. TYG Latest Latest Auction Auction Rate Notes Cusip # Amount Date Rate Period A 89147LAA8 60,000,000 9/4/07 6.75% Extended to 09/2012 B 89147LAB6 50,000,000 9/11/07 7.00% Extended to 09/2008 C 89147LAC4 55,000,000 10/29/07 5.70% 7 Day D 89147LAD2 70,000,000 10/5/07 6.15% 28 Day E 89147LAE0 -- Redeemed on 10/26/07 235,000,000 Preferred I 89147L209 35,000,000 9/12/07 6.25% Extended to 09/2010 II 89147L308 35,000,000 9/6/07 6.25% Extended to 09/2010 III 89147L407 60,000,000 10/17/07 6.10% 28 Day IV 89147L506 55,000,000 10/16/07 6.10% 28 Day 185,000,000 Total 420,000,000 TYY Latest Latest Auction Auction Rate Notes Cusip # Amount Date Rate Period A 89147UAA8 60,000,000 10/11/07 5.65% 28 Day B 89147UAB6 60,000,000 10/18/07 5.70% 28 Day C 89147UAC4 70,000,000 10/15/07 5.50% 28 Day 190,000,000 Preferred I 89147U209 70,000,000 10/5/07 6.65% 28 Day II 89147U308 40,000,000 10/24/07 5.97% 28 Day 110,000,000 Total 300,000,000 TYN Latest Latest Auction Auction Rate Notes Cusip # Amount Date Rate Period A 89147TAB9 40,000,000 10/12/07 6.00% 28 Day Preferred I 89147T202 15,000,000 10/4/07 6.62% 28 Day Total 55,000,000 Closed-end funds, unlike open-end funds, are not continuously offered. TYG and TYY however, each have an effective shelf registration statement pursuant to which it may offer, from time to time, its common stock, preferred stock or debt securities. After their initial offering, common shares are sold on the NYSE. You should consider the investment objective, risks, charges and expenses of the funds carefully before investing. For this and other important information, please refer to each fund's most recent prospectus, or as applicable, its most recent prospectus supplement and its accompanying prospectus, and read it carefully before investing. For additional information call Tortoise Capital Advisors, L.L.C. at (866) 362-9331. About Tortoise Capital Advisors Tortoise Capital Advisors, LLC is a pioneer in capital markets for master limited partnership (MLP) investment companies and a leader in closed-end funds and separately managed accounts focused on MLPs in the energy sector. As of Sept. 30, 2007, the adviser had approximately $2.8 billion of assets under management. For more information, visit our Web site at http://www.tortoiseadvisors.com/. Safe Harbor Statement This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction. DATASOURCE: Tortoise Capital Advisors, LLC CONTACT: Pam Kearney, Investor Relations of Tortoise Capital Advisors, LLC, +1-866-362-9331, Web site: http://www.tortoiseadvisors.com/

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