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ClearBridge Energy MLP Fund Inc. Announces Unaudited Balance Sheet Information as of July 31, 2018

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ClearBridge Energy MLP Fund Inc. (NYSE:CEM) announced today the
unaudited statement of assets and liabilities, the net asset value and
asset coverage ratio of the Fund as of July 31, 2018.

As of July 31, 2018, the Fund's net assets were $1,101.2 million, and
its net asset value per share was $15.64. The Fund's asset coverage
ratio under the Investment Company Act of 1940 (the "1940 Act") with
respect to senior indebtedness was 361% and the Fund's asset coverage
ratio under the 1940 Act with respect to total leverage was 321%.

      As of July 31, 2018
   

Amount (millions)

Per Share

 
Investments $ 1,721.4 $ 24.45
Cash and Cash Equivalents 1.3 0.02
Other Assets   18.8   0.27
Total Assets $ 1,741.5 $ 24.74
 
Senior Notes* $ 370.0 $ 5.25
Loans Outstanding* 73.0 1.04
Mandatory Redeemable Preferred Shares*   55.0   0.78
Total Leverage $ 498.0 $ 7.07
 
Deferred Tax Liability $ 138.4 $ 1.97
Other Liabilities   3.9   0.06
Total Liabilities $ 142.3 $ 2.03
   
Net Assets $ 1,101.2 $ 15.64
 
Outstanding Shares 70,414,962
 
* The Fund's asset coverage ratio under the 1940 Act with respect to
senior indebtedness was 361%.
* The Fund's asset coverage ratio under the 1940 Act with respect to
total leverage was 321%.
 
Top Ten Holdings (as of July 31, 2018)**
Market Value
Name       (millions) % of Investments ***
Enterprise Products Partners LP $ 182.8 10.6%
Energy Transfer Partners LP $ 134.9 7.8%
ONEOK, Inc. $ 129.0 7.5%
Williams Partners LP $ 104.3 6.1%
Magellan Midstream Partners LP $ 93.8 5.4%
Genesis Energy LP $ 80.0 4.6%
EnLink Midstream Partners LP $ 71.5 4.2%
Targa Resources Corp. $ 69.5 4.0%
DCP Midstream LP $ 63.3 3.7%
Plains All American Pipeline LP $ 61.3   3.6%
$ 990.4   57.5%
 
**Subject to change at any time
***Percent of Total Investments
 

ClearBridge Energy MLP Fund Inc. is a non-diversified, closed-end
management investment company which is advised by Legg Mason Partners
Fund Advisor, LLC ("LMPFA") and subadvised by ClearBridge Investments,
LLC ("ClearBridge"). LMPFA and ClearBridge are wholly owned subsidiaries
of Legg Mason, Inc. ("Legg Mason").

This financial data is unaudited.

The Fund files its semi-annual and annual reports
with the Securities and Exchange Commission, as well as its complete
schedule of portfolio holdings for the first and third quarters of each
fiscal year on Form N-Q. These reports are available on the Commission's
website at
www.sec.gov.
To obtain information on Form N-Q or a semi-annual or annual report from
the Fund, shareholders can call 1-888-777-0102.

For more information about the Fund, please call 1-888-777-0102 or
consult the Fund's website at www.lmcef.com.
Hard copies of the Fund's complete audited financial statements are
available free of charge upon request.

Data and commentary provided in this press release are for informational
purposes only. Legg Mason and its affiliates do not engage in selling
shares of the Fund.

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