Portfolio Update

2 Aug 2006 16:48

EUROPEAN UTILITIES TRUST PLCIn accordance with UKLA Listing Rule 15.4.11 (2), the following list representsthe Company's 10 largest investments as at 31st July 2006 and whereappropriate, any investment with a value greater than 5% of the Company's grossassets:Name of company Class of shareSEVERN TRENT* ORDINARY E.ON* ORDINARY RWE* ORDINARY SUEZ* ORDINARY SCOTTISH POWER* ORDINARY NATIONAL GRID ORDINARY ENEL ORDINARY UTD UTILITIES ORDINARY IBERDROLA ORDINARY AGUAS DE BARCELONA ORDINARY *Holding greater than 5% of the company's gross assets.ENDEUROPEAN UTILITIES TRUST PLC