Change of Adviser

Appointment of Corporate Broker

The Board of Premier Utilities Trust PLC ("the Company") announces the
appointment of JPMorgan Cazenove as sole corporate broker and financial adviser
to the Company.

Enquiries:

Premier Utilities Trust PLC                   Nigel Sidebottom
                                              Phone: [phone]

JPMorgan Cazenove Limited                     Angus Gordon Lennox
                                              Phone: [phone]