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

                                Company                                   % of
                                                                     total net
                                                                        assets
                                                                              
    Beijing Enterprises Holdings                                          5.9%
                                                                              
    SSE PLC                                                               5.5%
                                                                              
    China Everbright Intl.                                                5.1%
                                                                              
    Cia de Saneamento do Para                                             5.0%
                                                                              
    Huaneng Renewables                                                    4.9%
                                                                              
    Avangrid                                                              4.8%
                                                                              
    First Trust MLP and Energy Income Fund                                4.7%
                                                                              
    Edison International                                                  4.2%
                                                                              
    OPG Power Ventures                                                    4.0%
                                                                              
    Pennon Group                                                          3.8%
                                                                              
    Saeta Yield                                                           2.9%
                                                                              
    Cia Paranaense Energia ADR                                            2.7%
                                                                              
    Enbridge                                                              2.6%
                                                                              
    Keppel Infrastructure Trust                                           2.6%
                                                                              
    Transgaz                                                              2.6%
                                                                              
    Iberdrola                                                             2.4%
                                                                              
    Qatar Electricity & Water Co.                                         2.4%
                                                                              
    Nextera Energy                                                        2.4%
                                                                              
    NRG Yield A & C Ords                                                  2.1%
                                                                              
    Mytrah Energy                                                         2.0%

    At close of business on 31 August 2017 the total net assets of Premier Energy
    and Water Trust PLC amounted to £58.3 million. The sector breakdown and
    geographical allocation were as follows:

    Sector Breakdown                                                      % of
                                                                     total net
                                                                        assets
                                                                              
    Electricity                                                          27.0%
                                                                              
    Multi Utilities                                                      23.0%
                                                                              
    Renewable Energy                                                     17.2%
                                                                              
    Water & Waste                                                        15.7%
                                                                              
    Gas                                                                  12.5%
                                                                              
    Toll roads                                                            1.7%
                                                                              
    Telecoms infrastructure                                               0.7%
                                                                              
    Cash/Net Current Assets                                               2.2%
                                                                              
                                                                        100.0%

       

    Geographical Allocation                                               % of
                                                                     total net
                                                                        assets
                                                                              
    North America                                                        24.5%
                                                                              
    China                                                                17.8%
                                                                              
    Latin America                                                        11.8%
                                                                              
    United Kingdom                                                        9.9%
                                                                              
    Global                                                                7.9%
                                                                              
    India                                                                 5.9%
                                                                              
    Europe (excluding UK)                                                 7.4%
                                                                              
    Eastern Europe                                                        4.2%
                                                                              
    Asia (excluding China)                                                6.0%
                                                                              
    Middle East                                                           2.4%
                                                                              
    Cash/Net Current Assets                                               2.2%
                                                                              
                                                                        100.0%