Portfolio Update

Jupiter Second Enhanced Inc.Tst.PLC
04 January 2006


Jupiter Second Enhanced Income Trust PLC

Pursuant to Listing Rule 21.20(l)(ii), Jupiter Second Enhanced Income Trust PLC
announces that, as at close of business on 31st December 2005, its ten largest
investments were as follows:

            Name of Security
        1   Royal Dutch Shell 'B'
        2   Royal Bank of Scotland
        3   BT Group
        4   HBOS
        5   Kelda
        6   Diageo
        7   Alliance & Leicester
        8   BP
        9   Investec
       10   BBA

There were no other investments with a value greater than 5% of the Company's
total assets.

A monthly fact sheet for the Company is available on request from the Company
Secretaries and from www.jupiteronline.co.uk.

By order of the Board.
Jupiter Asset Management Limited, Company Secretaries.




                      This information is provided by RNS
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