Portfolio Update

Jupiter Second Enhanced Income Trust PLC

     Pursuant to Listing Rule 15.4.11, Jupiter Second Enhanced Income Trust  PLC
     announces  that, as at 30th September 2007, its investment in other  listed
     investment  companies (including listed investment trusts) which themselves
     do  not have stated investment policies to invest no more than 15% of their
     total  assets  in  other  listed  investment  companies  (including  listed
     investment trusts) was as follows: Teesland Advantage Property Income Trust
     Plc and HSBC Infrastructure Company.

     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.