Premier Energy and Water Trust PLC announce that at close of business on 31
    July 2017 its twenty largest investments were as follows:           

                                     Company                                  % of total
                                                                              net assets
                                                                                        
    Beijing Enterprises Holdings                                                    5.5%
                                                                                        
    SSE PLC                                                                         5.3%
                                                                                        
    OPG Power Ventures                                                              5.3%
                                                                                        
    Cia de Saneamento do Para                                                       5.0%
                                                                                        
    China Everbright Intl.                                                          4.9%
                                                                                        
    First Trust MLP and Energy Income Fund                                          4.8%
                                                                                        
    Huaneng Renewables                                                              4.3%
                                                                                        
    Avangrid                                                                        4.0%
                                                                                        
    Pennon Group                                                                    3.8%
                                                                                        
    Transelectrica                                                                  2.8%
                                                                                        
    Saeta Yield                                                                     2.7%
                                                                                        
    Qatar Electricity & Water Co.                                                   2.5%
                                                                                        
    Transgaz                                                                        2.5%
                                                                                        
    Cia Paranaense Energia ADR                                                      2.4%
                                                                                        
    Edison International                                                            2.4%
                                                                                        
    Keppel Infrastructure Trust                                                     2.3%
                                                                                        
    Engie                                                                           2.3%
                                                                                        
    Nextera Energy                                                                  2.3%
                                                                                        
    Iberdrola                                                                       2.3%
                                                                                        
    Mytrah Energy                                                                   2.1%

                                                                      
                                                                                
         At close of business on 31 July 2017 the total net assets of Premier
    Energy and Water Trust PLC amounted to £58.1 million. The sector breakdown and
    geographical allocation were as follows:

    Sector Breakdown                                                      % of
                                                                     total net
                                                                        assets
                                                                              
    Electricity                                                          30.2%
                                                                              
    Multi Utilities                                                      23.8%
                                                                              
    Renewable Energy                                                     13.5%
                                                                              
    Water & Waste                                                        15.6%
                                                                              
    Gas                                                                  12.4%
                                                                              
    Toll roads                                                            1.0%
                                                                              
    Cash/Net Current Assets                                               3.5%
                                                                              
                                                                        100.0%

       

    Geographical Allocation                                               % of
                                                                     total net
                                                                        assets
                                                                              
    North America                                                        22.0%
                                                                              
    China                                                                17.7%
                                                                              
    Latin America                                                        11.0%
                                                                              
    United Kingdom                                                        9.6%
                                                                              
    Global                                                                7.9%
                                                                              
    India                                                                 7.3%
                                                                              
    Europe (excluding UK)                                                 8.5%
                                                                              
    Eastern Europe                                                        5.3%
                                                                              
    Asia (excluding China)                                                4.6%
                                                                              
    Middle East                                                           2.6%
                                                                              
    Cash/Net Current Assets                                               3.5%
                                                                              
                                                                        100.0%