PREMIER ENERGY AND WATER TRUST PLC - Dividend Declaration

Premier Energy and Water Trust PLC

Premier Energy and Water Trust PLC announces a third interim dividend for the
year ending 31 December 2014 of 2.65p per Ordinary share comprised of a base
dividend of 1.9p and an additional dividend of 0.75p per Ordinary share in
accordance with the policy announced in August 2013 which was to run down the
Company's revenue reserve by the fixed wind up date of 31 December 2015. This
third interim dividend will be paid on 31 December 2014 to members on the
register at the close of business on 5 December 2014. The Ordinary shares will
be marked ex-dividend on 4 December 2014.

Following the approval by shareholders to extend the life of the Company in
September 2014, the Company no longer has a fixed wind up date. The Directors
intend however, subject to unforeseen circumstances, to continue to distribute
an additional 0.75p per share every quarter until the end of 2015 (with the
last such distribution being paid on 31 March 2016) at which point the revenue
reserve will have been substantially reduced.

17 October 2014

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