Holding(s) in Company

    TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):

Premier Utilities Trust PLC

2. Reason for the notification                                        State    
                                                                     Yes/No    
                                                                               
An acquisition or disposal of voting rights                            Yes     
                                                                               
An acquisition or disposal of financial instruments which may                  
result in the                                                                  
acquisition of shares already issued to which voting rights are                
attached                                                                       
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please specify):                                                        

3. Full name of person(s) subject to the notification obligation  MF Global UK 
(iii):                                                               Limited   
                                                                               
4. Full name of shareholder(s) (if different from 3.) (iv):            N/A     
                                                                               
5. Date of the transaction (and date on which the threshold is     30/10/2007  
crossed                                                                        
or reached if different) (v):                                                  
                                                                               
6. Date on which issuer notified:                                  31/10/2007  
                                                                               
7. Threshold(s) that is/are crossed or reached:                        3%      
                                                                               
8. Notified details:                                                Below 3%   

A: Voting rights attached to shares

 Class/type of   Situation previous  Resulting situation after the triggering 
     shares              to                     transaction (vii)             
  if possible      the Triggering                                             
 using the ISIN   transaction (vi)                                            
      CODE                                                                    
                                                                              
                  Number   Number    Number  Number of voting   % of voting   
                    of       of        of      rights (ix)         rights     
                  Shares   Voting    shares                                   
                           Rights                                             
                           (viii)                                             
                                                                              
                                             Direct  Indirect Direct  Indirect
                                               (x)     (xi)                   
                                                                              
Ordinary Shares  565,250   565,250  Below 3%  Below            Below          
  GB0033537902                                 3%               3%            
                                                                              

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

   Type of     Expiration       Exercise/        Number of voting       % of   
  financial    date (xiii)      Conversion      rights that may be     voting  
 instrument                 Period/ Date (xiv)    acquired if the      rights  
                                                    instrument                 
                                                   is exercised/               
                                                     converted                 
                                                                               

Total (A+B)                                                                    
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
539,000                                 Below 3%                               

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are
effectively held, if applicable (xv):



Proxy Voting:


10. Name of the proxy holder:                                 N/A              
                                                                               
11. Number of voting rights proxy holder will cease to hold:  N/A              
                                                                               
12. Date on which proxy holder will cease to hold voting      N/A              
rights:                                                                        

13. Additional information:                                   N/A              
                                                                               
14. Contact name:                                                              
                                                                               
15. Contact e-mail address:                                   [e-mail] 

Annex Notification Of Major Interests In Shares (xvi)


A: Identity of the person or legal entity subject to the                       
notification obligation                                                        
                                                                               
Full name (including legal form for legal entities)                            
                                                                               
Contact address (registered office for legal entities)                         
                                                                               
Phone number                                                                   
                                                                               
Other useful information (at least legal representative for                    
legal persons)                                                                 
                                                                               
B: Identity of the notifier, if applicable (xvii)                              
                                                                               
Full name                                                                      
                                                                               
Contact address                                                                
                                                                               
Phone number                                                                   
                                                                               
Other useful information (e.g. functional relationship with                    
the person                                                                     
or legal entity subject to the notification obligation)                        

C: Additional information





END