Publication of Circular

1 August 2014

                      Premier Energy and Water Trust PLC                       

                                (the "Company")                                

                            Publication of Circular                            

Further to the announcement by the Company on 25 July 2014 announcing proposals
to extend the life of the Company and to implement a reorganisation of the
Company through a scheme of arrangement under Part 26 of the Companies Act 2006
(the "Scheme") (the "Proposals"), the Company today announces that the circular
to Shareholders setting out the details of the Scheme and the Proposal has
today been published (the "Circular").

The Circular will shortly be available on the Company's webpage:
https://www.premierfunds.co.uk/investors/investments/investment-trusts/premier-energy-and-water-trust#literature
and will shortly be made available for inspection at: http://www.morningstar.co.uk/uk/NSM.
Hard copies of the Circular are being posted out to Shareholders today.

                                  -The End -                                   

Enquiries:

Premier Fund Managers Limited           + 44 (0) 1483 306090                   
Nigel Sidebottom                                                               
James Smith                                                                    
Claire Long                                                                    
                                                                               
N+1 Singer                              + 44 (0) 20 7496 3000                  
James Maxwell                                                                  
Gillian Martin