Net Asset Value(s)

6th May 2008

The Company announces that the unaudited estimate of the total assets of Jupiter Second Enhanced Income Trust PLC as at
30th April 2008 is £74.521 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               75.49
Geared Income Shares                          43.13
Packaged Units                               118.62

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:

Jenny Thompson
Company Secretarial Department
Jupiter Asset Management Limited
[e-mail]
0207-314-4773