Portfolio Update & NAV

Premier Utilities Trust PLC
01 November 2005


The Net Asset Values of Premier Utilities Trust PLC (at mid market values) 
at 31 October 2005 are as follows :

     Ordinary Shares                     140.47p

     Zero Dividend Preference Shares     114.50p

In accordance with listing Rule 21.20 (L) (ii), Premier Utilities Trust PLC
announces that as at 31 October 2005 the following companies have a value
greater than 5% of the Company's portfolio:

                              % of portfolio

BT Group                                8.40
KPN                                     6.89
BAA                                     6.86
Deutsche Telekom                        6.66
RWE AG                                  6.32
Veolia Environnement                    5.97
SBC Comms                               5.61
National Grid                           5.43
Suez                                    5.34
E.ON                                    5.18
Clean Power Inc.Trust                   5.16
France Telecom                          5.15


                      This information is provided by RNS
            The company news service from the London Stock Exchange