Portfolio Update

Premier Energy and Water Trust PLC announces that at close
of business on 30 April 2013 its ten largest investments 
were as follows:			 
				
% of total assets

China Everbright Intl		       		5.6
OPG Power Ventures		       		5.2
China Suntien Green Energy	       		5.1
Essar Energy PLC*		       		      4.8
Enersis				       		4.3
National Grid			       		4.1
Ecofin Water & Power**	                    	3.8
GDF Suez		.           		      3.6
Qatar Electricity & Water Co.    		      3.5
Centrica PLC				      	3.3
	
* Holding in both convertible bond and equity
** Holding in convertible bonds	       	       
					
       				   	      		     
At close of business on 30 April 2013 the total net assets 
of Premier Energy and Water Trust PLC amounted to £67 million. 
The sector breakdown and geographical allocation were as follows:
			 
Sector Breakdown:	
			
Electricity			                       47.4 %
Multi Utilities		                       23.6 %
Water & Waste		                        9.9 %
Gas		       	                       10.0 %
Cash/Net Current Assets		                  1.9 %	
Renewable Energy			                  6.0 %     
Infrastructure			                  1.2 %
Total				                      100.0 %	

Geographical Allocation:

Europe (excluding UK)                    9.2 %
China				                26.2 %
North America		                 8.7 %
Global				           7.4 %
Asia (excluding China)	                17.0 %
United Kingdom		                13.5 %
Latin America			           9.2 %
Cash/Net Current Assets	                 1.9 %
Australasia			                 1.4 %
Eastern Europe		                 2.0 %
Middle East			                 3.5 %