Holding(s) in Company

TR-1:      NOTIFICATION OF MAJOR INTERSTS IN SHARES


1. Identity of the issuer or the underlying issuer of      Jupiter Second Enhanced Income Trust PLC
existing shares to which voting rights are attached:

2. Reason for the notification:

An acquisition or disposal of voting rights                                                       X

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                Rensburg Sheppards Investment
obligation:                                                                     Management Limited

4. Full name of shareholder(s) (if different from 3.):                                         N/A

5. Date of the transaction (and date on which the threshold                       11 November 2008
is crossed or reached if different):

6. Date on which issuer notified:                                                 12 November 2008

7. Threshold(s) that is/are crossed or reached:          5% total voting rights(10% class of share)

8. Notified details:                                                              Nominee Holdings

A: Voting rights attached to shares:

Class/    Situation previous  Resulting situation after the triggering transaction
type of   to the Triggering
shares    transaction

            Number    Number    Number of   Number of voting   % of voting rights
            of        of        shares      rights
            Shares    Voting
                      Rights
                                Direct      Direct  Indirect   Direct     Indirect

Zero        6,955,060 6,955,060 0           0       6,907,520  0          5.5% (10.99% class of share)
Dividend
Preference
Shares

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial   Expiration    Exercise/ Conversion     Number of voting rights  % of voting
instrument          date          Period/ Date             that may be acquired if  rights
                                                           the instrument is
                                                           exercised/ converted.
N/A

Total (A+B):

Number of voting rights                          % of voting rights

6,907,520                                        5.5% (10.99% of ZDPs)

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

Clients holdings registered in the name of Nominee companies 100% owned by Rensburg Sheppards
Investment Management Limited.

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 rights:                               N/A

13. Additional information:                                                                    N/A

14. Contact name:                                                                              N/A

15. Contact telephone number:                                                                  N/A

annex notification of major interests in shares

A: Identity of the person or legal entity subject to the notification obligation
Full name (including legal form for legal entities)       Rensburg Sheppards Investment Management
                                                                                           Limited

Contact address (registered office for legal                                        Quayside House
entities)                                                                              Canal Wharf
                                                                                    Leeds LS11 5PU

Phone number                                                                         0113 236 4171

Other useful information (at least legal                                                Mike Rigby
representative for legal persons)                                             (Head of Compliance)


B:   Identity of the notifier, if applicable

Full name                                                                   Philip Martin Beardwell

Contact address                                                                    2 Gresham Street
                                                                                    London EC2V 7QN

Phone number                                                                          020 7597 1356

Other useful information (e.g. functional                                 Senior Compliance Manager
relationship with the person or legal entity subject
to the notification obligation)

C:   Additional information

This disclosure is made by Rensburg Sheppards Investment Management Limited based on
Nominee holdings in accordance with DTR 5.2.1(F).