Holding(s) in Company

TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached

PREMIER ENERGY AND WATER TRUST PLC

2. Reason for the notification                                        State    
                                                                     Yes/No    
                                                                               
An acquisition or disposal of voting rights                            YES     
                                                                               
An acquisition or disposal of financial instruments which may                  
result in the                                                                  
acquisition of shares already issued to which voting rights are                
attached                                                                       
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please specify):                                                        

3. Full name of person(s) subject to the notification    Armstrong Investments 
obligation                                               Limited               
                                                                               
4. Full name of shareholder(s) (if different from 3.)    Nortrust Nominees Ltd 
                                                                               
5. Date of the transaction (and date on which the           23 December 2009   
threshold is crossed                                                           
or reached if different)                                 (23 July 2009 & 6 Aug 
                                                                 2009)         
                                                                               
6. Date on which issuer notified:                            23 March 2010     
                                                                               
7. Threshold(s) that is/are crossed or reached:          6% (23 July 2009) , 7%
                                                           (6 August 2009) &   
                                                         below 7% (23 December 
                                                                 2009)         

8. Notified details:

A: Voting rights attached to shares

Class/type of Situation previous    Resulting situation after the triggering   
   shares             to                           transaction                 
 if possible    the triggering                                                 
  using the       transaction                                                  
  ISIN CODE                                                                    
                                                                               
               Number    Number    Number    Number of voting   Percentage of  
                 of        of        of           rights            voting     
               Shares    Voting    shares                           rights     
                         Rights                                                
                                                                               
                                             Direct   Indirect Direct  Indirect
                                                                               
GB0033537902  2,100,000 2,100,000                       
               (on 24    (on 24                                
                June      June                               
                2009)     2009)                                                
                                                                               
              2,350,000 2,350,000                                              
               (on 23    (on 23                                                
                July      July                                                 
                2009)     2009)                                                
                                                                               
              2,750,000 2,750,000  1,000,000  1,000,000         3.4%                               
              (on 6 Aug (on 6 Aug  (on 23     (on 23                                          
                2009)     2009)    Dec 2009)  Dec 2009)                                         

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

   Type of     Expiration       Exercise/        Number of voting       % of   
  financial       date          Conversion      rights that may be     voting  
 instrument                       Period          acquired if the      rights  
                                                    instrument                 
                                                   is exercised/               
                                                     converted                 
                                                                               

C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments

Resulting situation after the triggering transaction

  Type of    Exercise Expiration Exercise /  Number of voting    % of voting   
 financial    price      date    Conversion  rights instrument      rights     
 instrument                        period        refers to                     
                                                                               
                                                               Nominal   Delta 
                                                                               

Total (A+B+C)                                                                  
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
1,000,000                               3.4%                                   

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are
effectively held, if applicable:

Nortrust Nominees for Armstrong Investments Limited                            
                                                                               

Proxy Voting:


10. Name of the proxy holder:                                 N/A              
                                                                               
11. Number of voting rights proxy holder will cease to hold:  N/A              
                                                                               
12. Date on which proxy holder will cease to hold voting      N/A              
rights:                                                                        

13. Additional                                                                 
information:                                                                   
                                                                               
14. Contact name:                                                              
                                                                               
15. Contact telephone                                                          
number :