Net Asset Value(s)

12th December 2006

The Company announces that the unaudited estimate of the total assets of Jupiter Second Enhanced Income Trust PLC as at
8th December 2006 is £85.740 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               68.26
Geared Income Shares                          68.22
Packaged Units                               136.48

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