KYN Kayne Anderson Energy Infrastructure Fund Inc

Kayne Anderson MLP Investment Company (the “Company”) (NYSE: KYN) today provided a summary unaudited balance sheet and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of January 31, 2011.

As of January 31, 2011, the Company’s net assets were $1.9 billion, and its net asset value per share was $27.47. As of January 31, 2011, the Company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 406% and the Company’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 327%.

      Kayne Anderson MLP Investment Company Balance Sheet January 31, 2011 (Unaudited) (in millions) Per Share Investments $ 3,149.6 $ 45.84 Repurchase agreement and cash 4.3 0.06 Deposits 0.4 0.01 Accrued income 12.7 0.18 Receivable for securities sold 1.0 0.01 Other assets   6.7   0.10 Total assets 3,174.7 46.20   Credit facility borrowings 50.0 0.73 Senior notes 620.0 9.02 Preferred stock   160.0   2.33 Total leverage   830.0   12.08   Payable for securities purchased 0.2 0.00 Deferred tax liability 443.2 6.45 Other liabilities   13.9   0.20 Total liabilities 457.3 6.65   Net assets $ 1,887.4 $ 27.47   The Company had 68.71 million common shares outstanding as of January 31, 2011.

Long-term investments were comprised of Midstream MLPs (71%), General Partner MLPs (9%), MLP Affiliates (8%), Propane MLPs (5%), Shipping MLPs (5%), Upstream MLPs (1%) and Coal MLPs & Other (1%).

The Company’s ten largest holdings by issuer at December 31, 2010 were:

       

Units(in thousands)

        Amount

($ millions)

        Percent of

Long-Term

Investments

1. Enterprise Products Partners L.P. (Midstream MLP) 6,574 286.4 9.1 % 2. Magellan Midstream Partners, L.P. (Midstream MLP) 3,582 202.4 6.4 % 3. Kinder Morgan Management, LLC (MLP Affiliate) 3,099 198.6 6.3 % 4. Plains All American Pipeline, L.P. (Midstream MLP) 2,876 188.2 6.0 % 5. Inergy, L.P. (Propane MLP) 4,060 166.2 5.3 % 6. MarkWest Energy Partners, L.P. (Midstream MLP) 3,490 152.0 4.8 % 7. Williams Partners L.P. (Midstream MLP) 3,151 149.6 4.8 % 8. Energy Transfer Partners, L.P. (Midstream MLP) 2,094 112.9 3.6 % 9. Copano Energy, L.L.C. (Midstream MLP) 3,347 112.5 3.6 % 10. Energy Transfer Equity, L.P. (General Partner MLP) 2,808 109.2 3.5 %

Kayne Anderson MLP Investment Company is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, whose common stock is traded on the NYSE. The Company's investment objective is to obtain a high after-tax total return by investing at least 85% of its total assets in energy-related master limited partnerships and their affiliates, and in other companies that, as their principal business, operate assets used in the gathering, transporting, processing, storing, refining, distributing, mining or marketing natural gas, natural gas liquids (including propane), crude oil, refined petroleum products or coal.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release contains "forward-looking statements" as defined under the U.S. federal securities laws. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "project," "will" and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ from the Company's historical experience and its present expectations or projections indicated in any forward-looking statements. These risks include, but are not limited to, changes in economic and political conditions; regulatory and legal changes; MLP industry risk; leverage risk; valuation risk; interest rate risk; tax risk; and other risks discussed in the Company's filings with the SEC. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Company undertakes no obligation to publicly update or revise any forward-looking statements made herein. There is no assurance that the Company's investment objectives will be attained.