Net Asset Value(s)

11th December 2007

The Company announces that the unaudited estimate of the total assets of Jupiter Second Enhanced Income Trust PLC as at
7th December 2007 is £82.908 million (including the net asset value attributable to the Zero Dividend Preference
shares). The net asset values of the various classes of shares are estimated to have been:

                                     Net Asset Value/Share (p)
Zero Dividend Preference Shares               73.36
Geared Income Shares                          58.61
Packaged Units                               131.97

Monthly fact sheets for Jupiter's investment trust clients are available for download from www.jupiteronline.co.uk and
by post or fax on request from the company secretarial department.

Enquiries:

Jonathan McGuire
Company Secretarial Department
Jupiter Asset Management Limited
[e-mail]
0207-314-4773