Tortoise Energy Independence Fund, Inc. Provides Unaudited $527.7M

Press Release Here: http://www.businesswire.com/news/home/20140701006625/en#.U7M56fldXh4 Tortoise Energy Independence Fund, Inc.

today announced that as of June 30, 2014, the company's unaudited total assets were approximately $527.7 million and its unaudited net asset value was $468.5 million, or $32.28 per share. As of June 30, 2014, the company was in compliance with its asset coverage ratios under the Investment Company Act of 1940 (the 1940 Act). The company's asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 926 percent. For more information on calculation of coverage ratios, please refer to the company's most recent applicable prospectus. Set forth below is a summary of the company's unaudited balance sheet at June 30, 2014 and a summary of its top 10 holdings. Unaudited balance sheet (in Millions) Per Share Investments $ 527.0 $ 36.30 Cash and Cash Equivalents 0.2 0.01 Other Assets 0.5 0.04 Total Assets 527.7 36.35 Short-Term Borrowings 56.7 3.91 Other Liabilities 2.5 0.16 Net Assets $ 468.5 $ 32.28 14.52 million common shares currently outstanding. Top 10 holdings (as of June 30, 2014) Name Market Value (in Millions) % of Investment Securities(1) EOG Resources, Inc. $ 39.7 7.5% Pioneer Natural Resources Co. 37.1 7.0% Anadarko Petroleum Corp. 31.3 5.9% Occidental Petroleum Corp. 19.7 3.7% Range Resources Corp. 19.5 3.7% EQT Corp. 18.5 3.5% Enbridge Energy Management, LLC 15.3 2.9% Legacy Reserves, L.P. 15.2 2.9% Continental Resources Inc. 14.5 2.7% BreitBurn Energy Partners, L.P. 13.7 2.6% Total $ 224.5 42.4% (1) Percent of Investments and Cash Equivalents NDP provides update on quarterly portfolio allocation reporting Effective in July, to further enhance its transparency to stockholders, NDP intends to update its portfolio allocation within 3 weeks of each fiscal quarter end. The information will be available on NDP's webpage through its fact sheet.