1/28/2009 TYG

Tortoise North American Energy Corp. Reports Fiscal 2008 Results

LEAWOOD, Kan. – Jan. 28, 2009 — Tortoise North American Energy Corp. (NYSE: TYN), today announced that it has commenced mailing of its 2008 annual reports to stockholders and posted its 2008 annual report at www.tortoiseadvisors.com. A hard copy of the annual report is available free of charge upon request by calling (866) 362-9331 or emailing info@tortoiseadvisors.com.

About Tortoise North American Energy Corp.

Tortoise North American Energy Corp. is publicly-traded closed end fund focused on investing in equity securities of MLPs, including oil and gas exploitation, energy infrastructure and energy shipping companies. Tortoise North American Energy Corp.'s goal is to provide its stockholders with a high level of total return with an emphasis on current distributions.

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 Dec. 31, 2008, the adviser had approximately $1.4 billion of assets under management. For more information, visit our Web site at 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 the 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. Investors should consider the investment objective, risks, charges and expenses of the fund carefully before investing. For this and other important information, investors should refer to the closed-end fund prospectus and read it carefully before investing.

Contact information

Tortoise Capital Advisors, LLC Pam Kearney, Investor Relations, (866) 362-9331, pkearney@tortoiseadvisors.com