Holding(s) in Company

Premier Utilities Trust PLC
19 November 2003

Premier Utilities Trust Plc (the 'Company')

A notice was received today from CG Asset Management Ltd advising that they
purchased 2,000,000 Zero Dividend Preference shares of the Company on the 18th
November 2003. This holding represents 10.45% of the issued Zero Dividend
Preference share capital.

The shares are held by the following :

     CG Portfolio Fund Limited     1,250,000 
     Capital Gearing Trust Plc       750,000



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