Net Asset Value(s)

9 March 2009

The Company announces that the unaudited estimate of the total assets
of Jupiter Second Enhanced Income Trust PLC as at the close of
business on 6 March 2009 was £49.642 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 |                             |      79.02      |
|-------------------+-----------------------------+-----------------|
| -Geared Growth    | - excluding income &        |                 |
| Shares            | expenses                    |      0.00       |
|-------------------+-----------------------------+-----------------|
|                   | - including income &        |      0.00       |
|                   | expenses                    |                 |
|-------------------+-----------------------------+-----------------|
| Packaged Units    | - excluding income &        |         79.02   |
|                   | expenses                    |                 |
|-------------------+-----------------------------+-----------------|
|                   | - including income &        |      79.02      |
|                   | expenses                    |                 |
+-------------------------------------------------------------------+


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

Enquiries:

Faith Pengelly
Company Secretarial Department
Jupiter Asset Management Limited
[e-mail]
0207-314-4915

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