Annual Financial Report

PREMIER ENERGY AND WATER TRUST PLC

The Annual Report for Premier Energy and Water Trust PLC for the year ended 31
December 2010 is being mailed to shareholders today. It will also be available
on the National Storage Mechanism located at http://www.hemscott.com/nsm.do.

The Company' s Annual Report contains a Notice convening an Annual General
Meeting for the Company to be held on Wednesday 27 April 2011 at 2.00pm at
Eastgate Court, High Street, Guildford, Surrey GU 3DE.

Enquiries: Nigel Sidebottom, Premier Fund Managers Limited

Telephone [phone]

23 March 2011