Premier Energy and Water Trust PLC announces that at close of business on 30
    September 2015 its twenty largest investments were as follows:
                                 

                                        % of total assets                     
                                                                              
                                                                              
    OPG Power Ventures                  8.7                                   
                                                                              
    China Power Intl. Develop           5.2                                   
                                                                              
    National Grid                       4.0                                   
                                                                              
    Nextera Energy                      3.5                                   
                                                                              
    SSE PLC                             3.5                                   
                                                                              
    Renewable Energy Generation         3.3                                   
                                                                              
    First Trust MLP and Energy Income   3.3                                   
    Fund                                                                      
                                                                              
    Beijing Enterprises Holdings        3.2                                   
                                                                              
    iShares Global Utilities ETF        2.8                                   
                                                                              
    China Everbright Intl.              2.8                                   
                                                                              
    Engie                               2.8                                   
                                                                              
    Qatar Electricity & Water           2.7                                   
                                                                              
    Enersis                             2.6                                   
                                                                              
    EDP - Energias do Brasil            2.5                                   
                                                                              
    Pennon Group                        2.1                                   
                                                                              
    Greenko Group Ord and 8% Bond*      2.0                                   
                                                                              
    ACEA                                2.0                                   
                                                                              
    Consolidated Edison                 1.7                                   
                                                                              
    Tenaga Nasional Berhad              1.7                                   
                                                                              
    Transelectrica                      1.7                                   
                                                                              

    * Holding in both convertible bond and equity

    At close of business on 30 September 2015 the total net assets of Premier
    Energy and Water Trust PLC amounted to £77.0 million. The sector breakdown and
    geographical allocation were as follows:

    Sector Breakdown:                                                         
                                                                              
    Electricity                  49.3 %                                       
                                                                              
    Multi Utilities              17.9 %                                       
                                                                              
    Water & Waste                7.6 %                                        
                                                                              
    Gas                          5.4 %                                        
                                                                              
    Cash/Net Current Assets      8.5 %                                        
                                                                              
    Renewable Energy             8.8 %                                        
                                                                              
    Index Options                2.5 %                                        
                                                                              
    Total                        100.0 %                                      

       

    Geographical Allocation:                                                  
                                                                              
    Europe (excluding UK)        4.8 %                                        
                                                                              
    China                        16.2 %                                       
                                                                              
    North America                16.3 %                                       
                                                                              
    Global                       5.7 %                                        
                                                                              
    Asia (excluding China)       15.7 %                                       
                                                                              
    United Kingdom               16.6 %                                       
                                                                              
    Latin America                6.5 %                                        
                                                                              
    Cash/Net Current Assets      8.5 %                                        
                                                                              
    Eastern Europe               4.5 %                                        
                                                                              
    Middle East                  2.7 %                                        
                                                                              
    Index Options                2.5 %