Portfolio Update

In accordance with listing Rule 21.20 (L) (ii),Premier Utilities Trust PLC
announces that as at 31 July 2007 its ten largest investments were as follows :

                         % of total assets

NRG Energy                     6.47

Datang Int'l                   6.23

CEZ                            4.97

E.ON                           4.76

RWE                            4.32

National Grid                  4.28

Fortum                         3.91

Severn Trent                   3.80

Hellenic Telecom               3.72

ENEL                           3.66

At 31 July 2007 the total net assets of Premier Utilities Trust PLC amounted to
£65.5million.The sector breakdown and geographical breakdown were as follows :

Sector Breakdown :

Electricity                53.0 %
Telecoms                   12.8 %
Gas                        12.0 %
Water                      10.2 %
Infrastructure              7.3 %
Cash & Net Assets           4.7 %

Total                     100.0 %


Geographical Allocation :

United Kingdom             20.3 %
USA                        14.4 %
China / Hong Kong          11.6 %
Italy                      10.8 %
Germany                    10.2 %
France                      5.5 %
Czech Rep                   5.0 %
Finland                     3.9 %
Greece                      3.7 %
Spain                       3.2 %
India                       3.0 %
New Zealand                 1.5 %
Australia                   0.9 %
Malaysia                    0.7 %
Brazil                      0.6 %
Cash & Net Assets           4.7 %

Total                     100.0 %