Portfolio Update

At 30 November 2006 the total net assets of Premier Utilities Trust PLC
amounted to £58.6 million.The sector breakdown and geographical breakdown were
as follows :

Sector Breakdown :

Electricity                     58.8 %

Water                           14.0 %

Telecoms                        10.9 %

Infrastructure                   8.2 %

Gas                              5.4 %

Cash & Net Assets                2.7 %


Total                          100.0 %


Geographical Allocation :

United Kingdom                  19.4 %

Germany                         12.7 %

France                          11.9 %

Italy                           10.5 %

China / Hong Kong                8.6 %

USA                              8.0 %

Czech Rep                        4.9 %

Canada                           4.7 %

New Zealand                      3.8 %

Portugal                         3.7 %

Spain                            3.2 %

Hungary                          2.5 %

Malaysia                         2.0 %

Singapore                        1.4 %

Cash & Net Assets                2.7 %


Total                          100.0 %