RNS Number:9288L
Syndicate Asset Management PLC
10 November 2006


Syndicate Asset Management plc

Notifiable Interest

Syndicate Asset Management plc ('the Company') announces that it received
notification on 10 November 2006 from Equity Special Situations Limited ('ESSL')
that following recent acquisitions ESSL holds an interest in 25,113,333 ordinary
shares, which represents approximately 21.44% of the issued ordinary share
capital of the Company.

The ordinary shares referred to above are the ordinary shares of 0.2 pence each
in the Company.

For further information please contact:

Syndicate Asset Management plc
John Morton, Group Chief Executive                       Tel: 020 7659 8067

Noble & Company Limited
John Riddell, Director                                   Tel: 020 7763 2200





                      This information is provided by RNS
            The company news service from the London Stock Exchange
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