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PRESS RELEASE                                 SOURCE:  First Trust Advisors L.P.


FIRST TRUST ADVISORS L.P. ANNOUNCES PORTFOLIO MANAGER CALL FOR FIRST TRUST MLP
AND ENERGY INCOME FUND

WHEATON, IL -- (BUSINESS WIRE) -- December 16, 2013 -- First Trust Advisors L.P.
("FTA") announced today First Trust MLP and Energy Income Fund (the "Fund")
(NYSE: FEI) intends to host a conference call with Energy Income Partners, LLC
("EIP"), the Fund's investment sub-advisor, on WEDNESDAY, DECEMBER 18, 2013, AT
11:00 A.M. EASTERN TIME. The purpose of the call is to hear the Fund's portfolio
management team provide an update for the MLP Market and the Fund.

--    Dial-in Number: (866) 865-6631; and Passcode # 22932366. Please call 10 to
      15 minutes before the scheduled start of the teleconference.

--    Telephone Replay: (800) 585-8367; and Passcode # 22932366. The replay will
      be available after the call until 11:59 P.M. Eastern Time on Saturday,
      January 18, 2014.

First Trust Advisors L.P., the Fund's investment advisor, along with its
affiliate, First Trust Portfolios L.P., are privately-held companies which
provide a variety of investment services, including asset management and
financial advisory services, with collective assets under management or
supervision of approximately $82 billion as of November 30, 2013, through unit
investment trusts, exchange-traded funds, closed-end funds, mutual funds and
separate managed accounts.

Energy Income Partners, LLC ("EIP") serves as the Fund's investment sub-advisor
and provides advisory services to a number of investment companies and
partnerships for the purpose of investing in MLPs and other energy
infrastructure securities. EIP is one of the early investment advisors
specializing in this area. As of November 30, 2013, EIP managed or supervised
approximately $4.1 billion in client assets.

Past performance is no assurance of future results. Investment return and market
value of an investment in the Fund will fluctuate. Shares, when sold, may be
worth more or less than their original cost.

FEI Risk Considerations:
The Fund is subject to risks. It is designed for long-term investing and not as
a vehicle for trading. Shares of closed-end investment companies frequently
trade at a discount from their net asset value ("NAV"). The Fund cannot predict
whether or when its common shares will trade at, below or above NAV or at, below
or above the initial public offering price.

Principal Risk Factors: The Fund is subject to various risks, including
investment and market risk, market discount from net asset value risk,
management risk and reliance on key personnel, potential conflicts of interest
risk, investment concentration risk which includes commodity pricing risk,
supply and demand risk, depletion and exploration risk, regulatory risk,
interest rate risk, acquisition or reinvestment risk, affiliated party risk,
catastrophe risk, terrorism/market disruption risk, MLP risks, industry specific
risk, cash flow risk, MLP and deferred tax risk, tax law change risk, non-U.S.
securities risk, currency risk, delay in investing the proceeds risk, Canadian
income equities risk, debt securities risk, prepayment risk, below
investment-grade securities risk, leverage risk, derivatives risk, covered call
options risk, common stock risk, equity securities risk, preferred stock risk,
credit default swaps risk, portfolio turnover risk, competition risk, restricted
securities risk, liquidity risk, valuation risk, non-diversification risk,
anti-takeover provisions risk, inflation risk, certain affiliations risk and
secondary market for the Fund's common shares risk.

The risks of investing in the Fund are spelled out in the prospectus,
shareholder reports and other regulatory filings.

The Fund's daily closing prices and net asset values per share as well as other
information can be found at www.ftportfolios.com or by calling (800) 988-5891.



CONTACT: JEFF MARGOLIN - (630) 915-6784


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Source:  First Trust Advisors L.P.