15 Oct 2007 16:17
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):
European 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): Initial Disclosure
3. Full name of person(s) subject to the notification obligation Philip J (iii):
Milton & Company Plc 4. Full name of shareholder(s) (if different from 3.) (iv): Investment
clients of Philip J Milton & Company Plc
5. Date of the transaction (and date on which the threshold is 15 October crossed
2007 or reached if different) (v): 6. Date on which issuer notified: 15 October 2007 7. Threshold(s) that is/are crossed or reached: 0% 8. Notified details:
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 Direct Indirect Direct Indirect (x) (xi)
Ordinary Shares 1,582,223 1,582,223 0 0 0 0
GB0004761176 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 0 0
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: Philip J Milton & Company Plc
11. Number of voting rights proxy holder will cease to hold: 1,582,223 12. Date on which proxy holder will cease to hold voting 15 October 2007 rights: 13. Additional information: 14. Contact name: Philip Milton 15. Contact telephone number: 01271 344300
EUROPEAN UTILITIES TRUST PLC