Investment Manager

Investment Manager

The Board of Premier Energy and Water Trust PLC has been informed by the
Investment Manager, Premier Fund Managers Limited (Premier), that it has
recruited James Smith to replace Kevin Scutt, whose resignation from Premier
was reported on 14 March. James joins Premier from Utilico where for 13 years
he has been part of the team responsible for the successful management of
Utilico Investments Limited and Utilico Emerging Markets Limited which together
have over £800m under management. Prior to joining Utilico, James worked for
Fleming Asset Management and Coopers & Lybrand. James will work within
Premier's Global equity team and his prime responsibility will be the
management of Premier Energy & Water Trust PLC.

1 May 2012