Portfolio Update

In accordance with listing Rule 21.20 (L) (ii), Premier Utilities Trust PLC
announces that as at 30 November 2007 its ten largest investments were as follows :

                       % of total assets

NRG Energy                   6.29

E.ON                         5.45

RWE                          4.90

Centrica                     4.17

Severn Trent                 4.12

Telefonica                   4.01

ENEL                         3.73

BT Group                     3.71

Suez                         3.54

China Power New Energy       3.01

At 30 November 2007 the total net assets of Premier Utilities Trust PLC
amounted to £73.4 million.The sector breakdown and geographical breakdown were
as follows :

Sector Breakdown :

Electricity                  45.4 %
Telecoms                     12.8 %
Water                        12.2 %
Gas                          11.1 %
Infrastructure                7.7 %
Cash & Net Assets            10.8 %

Total                       100.0 %

Geographical Allocation :

United Kingdom               26.7 %
USA                          20.7 %
Germany                      10.4 %
Italy                         8.5 %
China/Hong Kong               5.2 %
Spain                         4.0 %
France                        3.5 %
Malaysia                      2.5 %
Australia                     1.9 %
Czech Rep                     1.4 %
India                         1.4 %
New Zealand                   1.1 %
Canada                        1.1 %
Korea                         0.7 %
Croatia                       0.1 %
Cash & Net Assets            10.8 %

Total                       100.0 %