Tortoise Announces Expected Constituent Change Due to Merger and Acquisition Activity

Tortoise today announced that Cheniere Energy Partners LP Holdings LLC
(CQH) will be removed from the Tortoise North American Pipeline Index℠
(TNAP) as it will cease trading on the NYSE due to today’s announcement
of the completion of the merger with Cheniere Energy (LNG).

About Tortoise

Tortoise invests in assets and services that serve essential needs in
society and can also serve essential client needs, such as
diversification and income. Tortoise’s actively researched indices fill
a void in the essential asset universe and provide a platform for
passively managed exchange-traded products. Through a variety of
investment vehicles, Tortoise provides access to a wide range of client
solutions, focused on their evolving needs. For more information, please
visit www.tortoiseadvisors.com.

About Tortoise North American Pipeline Index℠

The Tortoise North American Pipeline Index is a float-adjusted,
capitalization weighted index of pipeline companies that are organized
and have their principal place of business in the United States or
Canada. A pipeline company is defined as a company that either 1) has
been assigned a standard industrial classification (“SIC”) system code
that indicates the company operates in the energy pipeline industry or
2) has at least 50% of its assets, cash flow or revenue associated with
the operation or ownership of energy pipelines. Pipeline companies
engage in the business of transporting natural gas, crude oil and
refined products, storing, gathering and processing such gas, oil and
products and local gas distribution. The index includes pipeline
companies structured as corporations, limited liability companies and
master limited partnerships (MLPs).

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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.

The Tortoise indices are the exclusive property of Tortoise Index
Solutions, LLC, which has contracted with S&P Opco, LLC (a subsidiary of
S&P Dow Jones Indices LLC) to calculate and maintain the Tortoise MLP
Index®, Tortoise North American Pipeline Index℠, Tortoise North American
Oil and Gas Producers Index℠, and the Tortoise Water Index℠ (the
“Indices”). The Indices are not sponsored by S&P Dow Jones Indices or
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Jones Indices”). S&P Dow Jones Indices will not be liable for any errors
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of Tortoise Index Solutions, LLC.

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