Portfolio Update

Premier Utilities Trust PLC
01 August 2005


The Net Asset Values of Premier Utilities Trust PLC (at mid market values) at 31
July 2005 are as follows :


     Ordinary Shares                     152.17p

     Zero Dividend Preference Shares     112.56p


In accordance with listing Rule 21.20(L)(ii), Premier Utilities Trust PLC
announces that as at 31 July 2005 the following companies have a value greater
than 5% of the Company's portfolio :


                              % of portfolio

BT Group                           9.75
Deutsche Telekom                   8.19
KPN                                6.90
RWE                                6.72
Clean Power Inc. Trust             6.52
France Telecom                     6.36
Veolia Environnement               6.10
Scottish Southern Energy           6.06
Telecom Italia                     5.76
Verbund                            5.51
Enel                               5.34
Suez                               5.34
E.ON                               5.33
Renewable Energy                   5.07
BAA                                5.03



                      This information is provided by RNS
            The company news service from the London Stock Exchange