TIDMSAM 
 
For immediate release: 
 
                        Syndicate Asset Management Plc 
 
                  ("Syndicate", the "Company" or the "Group") 
 
                            Completion of EPIC sale 
 
Further to the Company's announcement of 27 April 2011, the Directors of 
Syndicate Asset Management Plc (AIM: SAM) are pleased to announce that, 
following receipt of regulatory approval, the sale of its institutional fixed 
income asset management businesses to Hume Capital LLP has now completed. 
 
-Ends- 
 
Further information: 
 
Syndicate Asset Management plc 
 
Peter Dew (Chairman) Tel: 020 7871 7350 
 
Mark Cheshire (Group CEO) 
 
Cenkos Securities plc 
 
Stephen Keys (Nomad) / Julian Morse (Sales) Tel: 020 7397 8900 
 
GTH Communications 
 
Toby Hall/Christian Pickel Tel: 020 3103 3903 
 
 
 
END
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