PREMIUM TRUST PLC

RESULTS OF VOLUNTARY LIQUIDATION

29 DECEMBER 2006


Premium  Trust  plc announces that at the EGM held today the resolutions  before
the  meeting were approved. Accordingly, the Company has been placed in members'
voluntary  liquidation and Thomas Merchant Burton and Patrick  Joseph  Brazzill,
both of Ernst & Young LLP, have been appointed liquidators to the Company.

The  Articles  provide  that members' entitlements in the  liquidation  will  be
determined as follows:

(i)  first,  holders of Income Shares have the right to be paid an amount  equal
     to  the amount standing to the credit of the Company's revenue reserves (as
     reduced  by the final interim dividend paid on 27 December 2006), including
     the amount of the undistributed revenue profits for the current year of the
     Company as at the date of the commencement of winding up;

(ii) second,  holders  of ZDP Shares have the right to receive a  final  capital
     entitlement of 105.05p per ZDP Share;

(iii)      third,  after  the  payments of capital  to  holders  of  ZDP  Shares
     described in paragraph (ii) above, holders of Income Shares have the  right
     to receive a final capital entitlement of 47.7p per Income Shares; and

(iv) fourth,  holders  of Capital Shares have the right to receive  the  surplus
     assets of the Company available for distribution.

Members'  entitlements  in the liquidation, calculated in  accordance  with  the
above, are:

       *    21.13p per Capital Share;

       *    48.21p per Income Share; and

       *    105.05p per ZDP Share.

It  is  expected  that  the  liquidators will  make  payments  pursuant  to  the
entitlements  described  above  in  the week  commencing  8  January  2007.  The
liquidators may make a further distribution to holders of Capital Shares, at the
conclusion  of  the liquidation, depending on whether there are  surplus  assets
remaining.  This distribution would include any unapplied part of the  retention
fund set aside by the liquidators.















For further information, please contact:

Keith Swinley
Martin Currie Investment Management Ltd
Tel. 0131 229 5252

Nathan Brown
Winterflood Investment Trusts
Tel. 020 7621 5572

Craig Robertson
Ernst and Young LLP
Tel. 0131 777 2242

Note:  Capitalised terms shall bear the meanings given to them in the  Company's
circular dated
1 December 2006 unless the context otherwise requires.




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