Premier Energy and Water Trust PLC announces that at close of business on 31
    July 2015 its twenty largest investments were as follows:
                                  

                                               % of total assets              
                                                                              
    OPG Power Ventures                        9.7                             
                                                                              
    China Power Intl. Develop                 4.8                             
                                                                              
    Renewable Energy Generation               4.2                             
                                                                              
    Nextera Energy                            3.4                             
                                                                              
    First Trust MLP and Energy Income Fund    3.4                             
                                                                              
    National Grid                             3.3                             
                                                                              
    SSE PLC                                   3.1                             
                                                                              
    EDP - Energias do Brasil                  3.1                             
                                                                              
    Enersis                                   2.9                             
                                                                              
    GDF Suez                                  2.9                             
                                                                              
    China Everbright Intl.                    2.7                             
                                                                              
    Qatar Electricity & Water                 2.7                             
                                                                              
    Beijing Enterprises Holdings              2.6                             
                                                                              
    Tenaga Nasional Berhad                    2.1                             
                                                                              
    ACEA                                      2.1                             
                                                                              
    Greenko Group Ord and 8% Bond*            2.0                             
                                                                              
    Pennon Group                              1.9                             
                                                                              
    Hera                                      1.9                             
                                                                              
    TECO Energy                               1.8                             
                                                                              
    China Resources Power Holdings            1.7                             

    * Holding in both convertible bond and equity


    At close of business on 31 July 2015 the total net assets of Premier Energy and
    Water Trust PLC amounted to £79.7 million. The sector breakdown and
    geographical allocation were as follows:

    Sector Breakdown:                                     

    Electricity                               47.0 %                          
                                                                              
    Multi Utilities                           20.8 %                          
                                                                              
    Water & Waste                             7.4 %                           
                                                                              
    Gas                                       4.7 %                           
                                                                              
    Cash/Net Current Assets                   10.4 %                          
                                                                              
    Renewable Energy                          9.7 %                           
                                                                              
    Index Options                             0.0 %                           
                                                                              
                                                                              
    Total                                     100.0 %                         


    Geographical Allocation:

    Europe (excluding UK)                     5.8 %                           
                                                                              
    China                                     16.4 %                          
                                                                              
    North America                             16.5 %                          
                                                                              
    Global                                    3.0 %                           
                                                                              
    Asia (excluding China)                    17.1 %                          
                                                                              
    United Kingdom                            15.9 %                          
                                                                              
    Latin America                             7.5 %                           
                                                                              
    Cash/Net Current Assets                   10.4 %                          
                                                                              
    Eastern Europe                            4.7 %                           
                                                                              
    Middle East                               2.7 %                           
                                                                              
    Index Options                             0.0 %