TIDMSAM 
 
For immediate release: 
 
                        Syndicate Asset Management Plc 
 
                  ("Syndicate", the "Company" or the "Group") 
 
                              Directorate Change 
 
                   Mark Cheshire appointed Interim Group CEO 
 
Further to the announcement of 20 December 2010, the Directors of Syndicate 
Asset Management Plc (AIM: SAM), the fund management group with approximately 
GBP6.5 billion under management, are pleased to announce the promotion of Mark 
Cheshire to Interim Group CEO of Syndicate Asset Management with immediate 
effect. Mark Cheshire was appointed to the Board as an executive Director 
responsible for Group Sales and Business Development in November 2010. 
 
Peter Dew, Non-Executive Chairman of Syndicate, commented: 
 
"Mark has played a pivotal role in streamlining Ashcourt Rowan's operations and 
driving significant growth within that business division in terms of enhanced 
revenues, profitability and funds under management. We believe his focus on 
revenues and efficient operations will allow the Group to move rapidly forward 
in the next phase of its development - our focus being on significant growth in 
terms of revenue and profitability." 
 
-Ends- 
 
Further information: 
 
Syndicate Asset Management plc 
 
Peter Dew (Chairman) Tel: 020 7659 8060 
 
Cenkos Securities plc 
 
Stephen Keys/Julian Morse Tel: 020 7397 8900 
 
GTH Communications 
 
Toby Hall/Christian Pickel Tel: 020 3103 3903 
 
 
 
END 
 

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