Portfolio Update

Premier Energy and Water Trust PLC announces that at close of business on 28
February 2013 its ten largest investments were as follows:

% of total assets

China Everbright Intl 6.1

Essar Energy PLC* 5.5

China Suntien Green Energy 4.9

OPG Power Ventures 4.4

Ecofin Water & Power 4.0

National Grid 3.8

Centrica PLC . 3.6

Qatar Electricity & Water Co. 3.5

GDF Suez 3.4

Kunlun Energy 3.3

*Holding in both convertible bond and equity

At close of business on 28 February 2013 the total net assets of Premier Energy
and Water Trust PLC amounted to £64 million. The sector breakdown and
geographical allocation were as follows:

Sector Breakdown:

Electricity 46.3 %

Multi Utilities 23.6 %

Water & Waste 10.7 %

Gas 9.7 %

Cash/Net Current Assets 3.1 %

Renewable Energy 5.5 %

Infrastructure 1.1 %

Total 100.0 %

Geographical Allocation:

Europe (excluding UK) 8.2 %

China 26.8 %

North America 8.7 %

Global 7.4 %

Asia (excluding China) 15.6 %

United Kingdom 15.0 %

Latin America 8.1 %

Cash/Net Current Assets 3.1 %

Australasia 1.4 %

Eastern Europe 2.2 %

Middle East 3.5 %