Portfolio Update

In accordance with listing Rule 21.20 (L) (ii),Premier Utilities Trust PLC
announces that as at 30 April 2007 its ten largest investments were as follows:

                       % of total assets

NRG Energy                    6.78

Datang Int'l                  4.94

CEZ                           4.73

E.ON                          4.65

Veolia                        4.46

RWE                           4.39

National Grid                 4.28

ENEL                          4.10

Fortum                        3.83

Autostrada                    3.57

At 30 April 2007 the total net assets of Premier Utilities Trust PLC amounted
to £65.1million.The sector breakdown and geographical breakdown were as follows :

Sector Breakdown :

Electricity                  54.3 %

Water                        13.1 %

Telecoms                     10.6 %

Gas                           9.4 %

Infrastructure                8.2 %

Cash & Net Assets             4.4 %


Total                       100.0 %

Geographical Allocation :

United Kingdom               20.0 %

USA                          12.4 %

Italy                        12.1 %

France                       10.4 %

China / Hong Kong             9.3 %

Germany                       9.0 %

Czech Rep                     4.7 %

Finland                       3.8 %

Spain                         3.1 %

Canada                        2.8 %

Hungary                       2.7 %

Republic of Korea             2.4 %

New Zealand                   1.6 %

Greece                        1.3 %

Cash & Net Assets             4.4 %


Total                       100.0 %