COHEN & STEERS INFRASTRUCTURE FUND INC — Proxy Solicitation & Information Statement 2008

Mar 21, 2008

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

(Rule 14a-101)

INFORMATION REQUIRED IN PROXY STATEMENT

SCHEDULE 14A INFORMATION

Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934

(Amendment No. )

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o Soliciting Material Under Rule 14a-12

| COHEN

& STEERS SELECT UTILITY FUND, INC.
(Name
of Registrant as Specified in Its Charter)
WESTERN
INVESTMENT LLC WESTERN
INVESTMENT HEDGED PARTNERS L.P. WESTERN
INVESTMENT ACTIVISM PARTNERS LLC WESTERN
INVESTMENT TOTAL RETURN PARTNERS L.P. WESTERN
INVESTMENT TOTAL RETURN FUND LTD. ARTHUR
D. LIPSON WILLIAM
J. ROBERTS MATTHEW
S. CROUSE LYNN D. SCHULTZ
(Name
of Persons(s) Filing Proxy Statement, if Other Than the
Registrant)

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Western Investment LLC (“Western Investment”), together with the other participants named herein, is filing materials contained in this Schedule 14A with the Securities and Exchange Commission (the “SEC”) in connection with the solicitation of proxies for the election of three nominees as directors at the 2008 annual meeting of stockholders (the “Annual Meeting”) of Cohen & Steers Select Utility Fund, Inc. (the “Fund”). Western Investment has filed a proxy statement with the SEC with regard to the Annual Meeting.

Item 1: On March 21, 2008, Western Investment mailed the following letter to holders of the Fund’s Auction Market Preferred Shares:

March 21, 2008

Dear Fellow Preferred Stockholder:

YOU CANNOT SELL PREFERRED SHARES FOR THE $25,000 YOU PAID

MANAGEMENT HAS NO DEFINITIVE SOLUTION TO THIS CRISIS

WESTERN INVESTMENT PROPOSES THAT THE FUND REDEEM

PREFERRED SHARES AT $25,000

We are seeking your support to put shareholder representation on the Board of Directors of Cohen & Steers Select Utility Fund, Inc. The enclosed letter outlines our suggested plan to provide preferred stockholders with sorely needed liquidity. Also enclosed is a recent article from the New York Times that highlights our efforts.

You should soon be receiving proxy materials from your bank or broker. As the meeting is only a few days away, please vote your shares via telephone or Internet as soon as possible.

Very truly yours,

Arthur D. Lipson

Western Investment LLC

ATTENTION STOCKHOLDERS: VOTE THE GREEN PROXY TODAY. IF YOU HAVE ALREADY RETURNED A WHITE PROXY TO THE FUND’S MANAGEMENT, EITHER DIRECTLY OR OVER THE PHONE OR INTERNET, YOU HAVE EVERY RIGHT TO CHANGE YOUR VOTE . IF YOU HAVE ANY QUESTIONS ABOUT HOW TO VOTE YOUR GREEN WESTERN INVESTMENT PROXY, PLEASE CONTACT THE FIRM ASSISTING US IN THIS SOLICITATION: INNISFREE M&A INCORPORATED CALL TOLL-FREE AT: (877) 687-1873 BANKS AND BROKERS PLEASE CALL COLLECT: 212-750-5833