Portfolio Update

Utilico Limited
03 January 2008


To:                RNS

From:              Utilico Ltd plc

Date:              03-Jan-08



Portfolio Update



The largest ten investments and all investments with a value greater than 5% of
total assets as at 31-Dec-07 are




Utilico Ltd
Top 10 Holdings
Company                                            % Total Assets
Utilico Emerging Markets                           21.0
Infratil                                           14.6
Utilico NZ Limited *                               8.9
Ecofin Water & Power Opportunities                 8.2
Unique Flughafen Zurich AG                         5.9
Renewable Energy Generation Ltd                    3.5
Flughafen Wien AG                                  3.5
ERG Limited                                        3.2
Jersey Electricity Co Limited                      2.7
Keytech                                            2.6



8100% owned subsidiary holding Infratil Limited ordinary shares

This announcement is made in accordance with the UKLA Listing Rules.







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