Holding(s) in Company

TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached

PREMIER ENERGY AND WATER TRUST PLC

2. Reason for the notification                                        State    
                                                                     Yes/No    
                                                                               
An acquisition or disposal of voting rights                             X      
                                                                               
An acquisition or disposal of financial instruments which may                  
result in the                                                                  
acquisition of shares already issued to which voting rights are                
attached                                                                       
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please specify):                                                        

3. Full name of person(s) subject to the notification    Rensburg Sheppards    
obligation                                               Investment Management 
                                                         Limited               
                                                                               
4. Full name of shareholder(s) (if different from 3.)    N/A                   
                                                                               
5. Date of the transaction (and date on which the               30/12/09       
threshold is crossed                                                           
or reached if different)                                                       
                                                                               
6. Date on which issuer notified:                               31/12/09       
                                                                               
7. Threshold(s) that is/are crossed or reached:                   11%          

8. Notified details:

A: Voting rights attached to shares

Class/type of  Situation previous    Resulting situation after the triggering  
    shares             to                          transaction                 
 if possible     the triggering                                                
using the ISIN     transaction                                                 
     CODE                                                                      
                                                                               
                Number    Number    Number   Number of voting   Percentage of  
                  of        of        of          rights            voting     
                Shares    Voting    shares                          rights     
                          Rights                                               
                                                                               
                                             Direct  Indirect  Direct  Indirect
                                                                               
GB0033537902    173,532   173,532                     173,532           0.59%  
                                                                               
GB0033538207   3,054,309 3,054,309                   3,068,309          10.42% 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

   Type of     Expiration       Exercise/        Number of voting       % of   
  financial       date          Conversion      rights that may be     voting  
 instrument                       Period          acquired if the      rights  
                                                    instrument                 
                                                   is exercised/               
                                                     converted                 
                                                                               

C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments

Resulting situation after the triggering transaction

  Type of    Exercise Expiration Exercise /  Number of voting    % of voting   
 financial    price      date    Conversion  rights instrument      rights     
 instrument                        period        refers to                     
                                                                               
                                                               Nominal   Delta 
                                                                               

Total (A+B+C)                                                                  
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
3,241,841                               11.01%                                 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are
effectively held, if applicable:

Client holdings registered in the name of Nominee companies 100% owned by      
Rensburg Sheppards Investment Management Limited                               
                                                                               

Proxy Voting:


10. Name of the proxy holder:                                 N/A              
                                                                               
11. Number of voting rights proxy holder will cease to hold:  N/A              
                                                                               
12. Date on which proxy holder will cease to hold voting      N/A              
rights:                                                                        

13. Additional           N/A                                                   
information:                                                                   
                                                                               
14. Contact name:        N/A                                                   
                                                                               
15. Contact telephone    N/A                                                   
number :