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

                                                                     % of total
    assets

    OPG Power Ventures                                         8.8

    China Power Intl. Develop                                   5.4

    Renewable Energy Generation                            4.3

    National Grid                                                     3.8

    Nextera Energy                                                 3.7

    First Trust MLP and Energy Income Fund           3.6

    SSE PLC                                                         3.5

    Engie                                                               3.1

    Beijing Enterprises Holdings                              2.9

    iShares Global Utilities ETF                              2.9

    Enersis                                                           2.8

    China Everbright Intl.                                        2.8

    EDP - Energias do Brasil                                 2.8

    Qatar Electricity & Water                                  2.6

    Pennon Group                                                 2.2

    Greenko Group Ord and 8% Bond*                    2.1

    ACEA                                                             2.0

    Hera                                                               1.8

    TECO Energy                                                 1.8

    Transelectrica                                                 1.7

    * Holding in both convertible bond and equity

    At close of business on 31 August 2015 the total net assets of Premier Energy
    and Water Trust PLC amounted to £76.2 million. The sector breakdown and
    geographical allocation were as follows:

    Sector Breakdown:                                          

    Electricity                                          50.2 %

    Multi Utilities                                     21.2 %

    Water & Waste                                   7.7 %

    Gas                                                   5.1 %

    Cash/Net Current Assets                     4.9 %   

    Renewable Energy                              9.5 %    

    Index Options                                     1.4 % 

    Total                                              100.0 %   

    Geographical Allocation:

    Europe (excluding UK)                        5.8 %

    China                                               15.8 %

    North America                                  18.7 %

    Global                                                6.1 %

    Asia (excluding China)                       15.8 %

    United Kingdom                                17.2 %

    Latin America                                     6.9 %

    Cash/Net Current Assets                    4.9 %

    Eastern Europe                                  4.8 %

    Middle East                                        2.6 %

    Index Options                                     1.4 %