Tortoise
Capital Resources Corp. Announces Tax Characterization of 2008
Distributions
FOR
IMMEDIATE RELEASE
LEAWOOD,
Kan.– Jan. 14, 2009 — Tortoise Capital Resources Corp. (NYSE: TTO),
today announced the tax characterization of the 2008 distributions
paid to
stockholders which were comprised of approximately 96.8 percent return
of
capital and 3.2 percent qualified dividend income.
Additional
information regarding the tax characterization of the 2008 distributions
is
available at www.tortoiseadvisors.com. A copy of the information is
also
available upon request by calling (866) 362-9331.
Nothing
contained herein or therein should be construed as tax advice. Consult
your tax
advisor for more information. Furthermore, you may not rely upon any
information
herein or therein for the purpose of avoiding any penalties that may
be imposed
under the Internal Revenue Code.
About
Tortoise Capital Resources Corp.
Tortoise
Capital Resources invests primarily in privately-held and micro-cap
public
companies operating in the midstream and downstream segments, and to
a lesser
extent the upstream segment, of the U.S. energy infrastructure sector.
Tortoise
Capital Resources seeks to provide stockholders a high level of total
return,
with an emphasis on distributions and distribution growth.
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