Portfolio Update

Premier Utilities Trust PLC announces that as at 29 February 2008 its ten
largest investments were as follows :

                              % of total assets

E.ON                                 5.51

RWE                                  4.75

Dynegy                               4.37

Centrica                             3.93

BT Group                             3.85

Suez                                 3.73

ENEL                                 3.70

NRG Energy                           3.36

Telefonica                           3.23

United Utilities                     3.01


At 29 February 2008 the total net assets of Premier Utilities Trust PLC
amounted to £69.1 million.The sector breakdown and geographical breakdown were
as follows :

Sector Breakdown :

Electricity                         47.4 %
Telecoms                            17.2 %
Water                               11.6 %
Infrastructure                      10.6 %
Gas                                  9.0 %
Cash & Net Assets                    4.2 %

Total                              100.0 %


Geographical Allocation :

United Kingdom                      21.4 %
USA                                 21.2 %
Germany                             10.3 %
Italy                                8.4 %
China / Hong Kong                    5.4 %
Spain                                4.9 %
Thailand                             4.3 %
Malaysia                             4.1 %
France                               3.7 %
Finland                              2.8 %
Australia                            2.0 %
Korea                                1.9 %
Singapore                            1.6 %
India                                1.4 %
New Zealand                          1.2 %
Canada                               1.2 %
Cash & Net Assets                    4.2 %

Total                              100.0 %