28 September 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 25 September 2009 (including accrued income and expenses
and assuming the Company is wound up at the date of this announcement
('FAV')) was £59.924 million (including the net asset value
attributable to the Zero Dividend Preference shares). The asset
values of the various classes of shares are estimated to have been:
+-------------------------------------------+
| | Asset Value |
| | per Share (p) |
|---------------------------+---------------|
| Zero Dividend | |
| Preference Shares ('ZDP') | 83.56 |
| | |
|---------------------------+---------------|
| Geared Income | |
| Shares | 11.83 |
| | |
|---------------------------+---------------|
| Packaged Units | 95.39 |
| | |
+-------------------------------------------+
The holders of Geared Income Shares are entitled to all the net
revenue profits (including accumulated but unpaid revenue reserves)
of the Company on a winding-up (after payment of the Company's
liabilities) in priority to the capital entitlement of the holders of
ZDP shares, even in circumstances where the Company has insufficient
assets to pay the final capital entitlement of the ZDP shares on the
Winding-Up date in full. Accordingly assets equivalent to that amount
would not be available to holders of ZDP shares.
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
fpengelly@jupiter-group.co.uk
0207-314-4915
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This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.