TIDMSAM 
 
For immediate release: 
 
                        Syndicate Asset Management plc 
 
                    ("Syndicate", "Company" or the "Group") 
 
TR-1: Notifications of Major Interests in Shares 
 
1. Identity of the issuer or the underlying issuer of  Syndicate Asset 
existing shares to which voting rights are attached:   Management plc 
 
2. Reason for notification (yes/no) 
 
An acquisition or disposal of voting rights                            Yes 
 
An acquisition or disposal of financial instruments which may result   No 
in the acquisition of shares already issued to which voting rights are 
attached 
 
An event changing the breakdown of voting rights                       No 
 
Other (please specify):______________                                  No 
 
3. Full name of person(s) subject to           Gartmore Investment Limited 
notification obligation: 
 
4. Full name of shareholder(s) (if different   As above 
from 3): 
 
5. Date of transaction (and date on which the  7 February 2011 
threshold is crossed or reached if different): 
 
6. Date on which issuer notified:              8 February 2011 
 
7. Threshold(s) that is/are crossed or         5% 
reached: 
 
8: Notified Details 
 
A: Voting rights attached to shares 
 
Class/type Situation previous to Resulting situation after the triggering 
of shares  the triggering        transaction 
           transaction 
If 
possible 
use ISIN 
code 
 
Number of    Number of   Number of   Number of voting     Percentage of 
shares       voting      shares      rights               voting rights 
             rights 
                                     Direct      Indirect Direct Indirect 
 
GB00B0GR9291 173,172,882 173,172,882 82,424,400      82,424,400           4.55% 
 
B: Financial Instruments 
 
Resulting situation after the triggering transaction 
 
Type of        Expiration     Exercise/       No. of voting      Percentage of 
financial      date           conversion      rights that may be voting rights 
instrument                    period/date     acquired (if the 
                                              instrument 
                                              exercised/ 
                                              converted) 
 
 
Total (A+B) 
 
Number of voting rights                 Percentage of voting rights 
 
82,424,400                              4.55% 
 
9. Chain of controlled undertakings through which the voting rights and /or the 
financial instruments are effectively held, if applicable: 
 
 
Proxy Voting: 
 
10. Name of proxy holder: 
 
11. Number of voting rights proxy 
holder will cease to hold: 
 
12. Date on which proxy holder will 
cease to hold voting rights: 
 
13. Additional information: 
 
14 Contact name:                        RDU 
 
15. Contact telephone number:           0207 782 2324 
 
-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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