Portfolio Update

At 31 October 2006 the total net assets of Premier Utilities Trust PLC amounted
to £57.6 million.The sector breakdown and geographical breakdown were as
follows :

Sector Breakdown :

Electricity               56.6 %

Water                     13.6 %

Infrastructure             6.2 %

Telecoms                   4.3 %

Gas                        3.5 %

Cash & Net Assets         15.8 %


Total                    100.0 %


Geographical Allocation :

United Kingdom            18.8 %

Germany                   11.9 %

France                    11.6 %

China / Hong Kong         10.6 %

Italy                      9.3 %

USA                        7.2 %

Canada                     5.8 %

Portugal                   4.7%

Hungary                    2.9 %

Singapore                  1.4 %

Cash & Net Assets         15.8 %


Total                    100.0 %